Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
As part of the whole toys-to-life UK market in Q4 2015, the video game had 52.8 per cent value share. LEGO Dimensions has been performing better than expected in toy retailers big and small, Warner Bros has told ToyNews. The game, which ...
Tags: Toy Retailers, LEGO Dimensions
2 Sisters Food Group is reportedly negotiating to sell its Fox's Biscuits unit to Burton's Biscuits, which is owned by Ontario Teachers' Pension Plan. The sale, which is being advised by Rothschild could bring the valuation of 2 Sisters ...
Tags: 2 Sisters Food, Biscuits
Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
British clothing and food retailer Marks & Spencer has opened its first store in Beijing, located in the CBD area. Costas Antimissaris, International Director of the retailer, says their strategy is to focus on big cities. "Our strategy ...
Tags: Marks&Spencer, food retailer, clothing
2 Sisters Food Group has purchased the former S&A Foods site, just days after it had entered into discussions to acquire the East Midlands site that was owned by the Indian snack maker S&A, which fell into administration in October. 2 ...
Swisstex Printers, a subsidiary of clothing labels manufacturer Swiss Tex Group, is investing in a new KBA Rapida 105 six-colour press that will be installed in Bangladesh. The press that comes with inline coating facilities will ...
Tags: Swisstex, press, transparent packaging
Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient retrofit lighting platforms, today announced several school districts nationwide have selected Orion lighting solutions to reduce their ...
Tags: LED lights, US School, energy costs
2 Sisters Food Group plans to invest £150m into its poultry unit, an announcement that comes a few days after the Birmingham-based company stated that it intends to invest £55m into its ready meals business. The investment ...
Tags: Poultry Business, poultry unit
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has executed a module supply agreement (MSA) that ...
Tags: First Solar, Thin-film, solar panels
To support the apparel industry in Southeast Asia, SGS operates a laboratory in Phnom Penh, the capital of Cambodia and also provides garment inspection services in Myanmar. The Cambodian facility has the capability to perform product ...
Tags: SGS, Apparel Sector
Retail major Spencer's plans to add about 2.75 lakh square feet of trading area and take their number of hypermarkets to 132 this financial year from the current 120 in 35 cities across India, according to media reports. As part of the ...
Tags: apparel, Spencer's, company expansion
Spencer Coatings Limited, the East Midlands-based industrial coatings manufacturer, has announced the acquisition of West Bromwich-based Protega Paints in a multi-million pound deal. The company enjoys a rich heritage in the industrial ...
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
More than 73% of chickens tested positive for the presence of food poisoning bug campylobacter in the UK, according to the Food Standards Agency. As part of the year-long study, over 4,000 samples of fresh whole chilled chickens from ...