Despite concerns over lethargic industrial output and increasing downward pressure in the first quarter (Q1) of 2015, growth in China's key emergent sectors fed positive sentiment. Industrial output in China grew 6.4 percent year on year ...
Sequential Brands Group said it will acquire a majority interest in the Jessica Simpson brand, including the Jessica Simpson Collection master license and other rights. Brand founder Jessica Simpson, who selected Sequential as her new ...
Online retail apparel sales in India are likely to reach annual turnover of US$ 35 billion by 2020, said Google India director (Ecommerce and Online) Nitin Bawankule, at an event in Mumbai. “By 2020, India is expected to ...
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry
Melbourne-based confectionery company Betta Foods has entered into administration, in an attempt to save the business by selling it. Established in 1954, Betta Foods produces liquorice and marshmallow products under the Capricorn and ...
UK based Universal Flexible Packaging (UFP) will invest around £2.3m in an effort to transform its present Lunsford Road facility into a Peanut and Tree Nut site. The announcement for the conversion follows another announcement of ...
Tags: Tree Nut Production, Peanut, Agriculture
Leicester-based Universal Flexible Packaging (UFP) will be investing around £2.3m to convert its current Lunsford Road site into a Peanut and Tree Nut site. The company made this announcement after its September announcement of ...
Tags: confectionery, popcorn, dry goods packaging
Disc brake technology maker Brembo is planning to invest $39 m to build a new aluminum caliper production plant in Mexico. The plant expected to produce two million calipers per year for users in NAFTA region which includes US, Canada and ...
Tags: brake technology, aluminum caliper, Auto
Ultimate Packaging, a printed flexible packaging producer for the food industry, has installed an HP Indigo 20000 Digital Press. The company's traditional flexo-print business along with its expanding digital business manufactures about ...
Tags: Ultimate Packaging, Digital Press, Printing
UK-based packaging firm Universal Flexible Packaging (UFP) has invested £11m at a new facility that will help them boost their annual turnover from the current £17m to £25m in three years. The firm will be relocating ...
Tags: Flexible Packaging, Packaging
The Ferrero Group, one of the market leaders of the confectionery industry, has continued to strengthen its presence in the hazelnut market by acquiring hazelnut producer Oltam Group. Oltan Group, based in Trabzon in Turkey, is a ...
Tags: Ferrero Group, Hazelnut Farm, Food
Swedish-Danish cooperative Arla Foods had slashed 79 jobs in Russia, following the food import ban imposed by the country in response to the sanctions by the West. Of the 79 jobs, 30 were temporary positions. Arla Foods senior vice ...
The Australian food, beverage and grocery manufacturing industry has an annual turnover of approximately $111 billion, directly employs almost 300,000 people, with half of those in rural and regional areas, and generates $24 billion in ...
Tags: food, food packaging, Packaging
India International Leather Fair – Delhi 2014 will be held from 3rd to 5th July, 2014 at Pragati Maidan, New Delhi. It will have on display the entire range of products relating to leather industry from raw material to finished ...
Tags: raw material, Leather Fair
Unilever has signed an agreement to divest its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for nearly $2.15bn. The annual turnover for Ragu and Bertolli brands is more than $600m. The sale ...
Tags: Bertolli Pasta, Unilever