Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
Retail Acquisitions Ltd has acquired apparel retailer BHS Group Ltd, which has 171 stores across the UK, significant assets, long-standing and loyal suppliers and great international franchise partners. Philip Green, chairman of ...
Tags: Retail Acquisitions, BHS Group, apparel
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
Forklift industry sales results for 2014 show that Toyota Material Handling Australia (TMHA) retained overall national forklift market leadership for the sixth consecutive year. TMHA says it also extended its uninterrupted dominance ...
RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
Led by mattress fabric sales in the second fiscal quarter ended November 2, 2014, Culp, Inc, one of the world’s largest marketers of mattress and upholstery fabrics, reported highest sales for the second quarter in ten years. In ...
Tags: mattress, upholstery fabrics, Textilec
Diamond Estates Wines & Spirits announced its second quarter results for the fiscal period ending 30 September 2014. The Company generated a profit in Q2 2015 of $116,320, a substantial improvement from the Q2 2014 loss of $2,431,770. ...
Tags: Diamond Estates Wines, second quarter results, Agriculture
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has appointed Darren Ma as VP & chief financial officer. Ma replaces Curt Sacks, who ...
Tags: fiber-optic, wireless networks, Electronics
Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
Macintosh Retail Group said Halfords Netherlands, the bicycle and automotive chain it sold last year, has filed for bankruptcy. Macintosh sold Halfords Netherlands to the chain's Managing Director on June 30, 2013. Following the ...