British company woos parents with its heritage brand name, service and quality With the birth of Britain's royal baby, Prince George, having caused a sensation in China, it is hardly a surprise to see the royal family's choice of pram, ...
Tags: Royal Pram, Chinese market
Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
With 'wildfire' growth over, many production lines idle Overcapacity is proving to be a headache for automakers in China as sales slow in the world's largest auto market, said analysts and industry insiders. Though 23.5 million vehicles ...
Tags: Auto Market, Overcapacity
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
Amedica Corp. has laid off 25 employees, representing approximately 28% of its workforce. The move was part of a “comprehensive business review” that also includes deep cuts to corporate overhead and operational costs. The ...
After improving for two months in a row in October and November, NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America declined in December, falling to 50.0. One-quarter of December’s ...
Tags: business environment, Lights
Emcore Corp, which makes compound semiconductor-based components and subsystems for the fiber-optics market, has named Jeffrey Rittichier as CEO. He succeeds Dr Hong Hou, who has served as president & CEO since March 2008. Rittichier has ...
Tags: fiber-optics, market, Electrical
Opel is closing down its Bochum plant in Germany after 52 years of operation as the company looks to streamline cost in its European unit. Previously the plant was employing 22,000 workers and until recently it had 3000 employees. ...
Tags: Bochum Plant, Auto
Diageo pursues tequila, drops whiskey Global alcoholic beverages giant Diageo has announced an agreement with distiller Casa Cuervo to acquire full global ownership and control of tequila brand Tequila Don Julio. In return, Diageo has ...
Tags: Tequila, Whiskey, Agriculture
For the third-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $93.3m, down on $99.3m a year ago and $95.1m last quarter (and below the mid-point of the ...
Tags: Veeco, MOCVD Revenue, LED segment
Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and space solar power markets, has entered into a definitive purchase agreement for NeoPhotonics Corp of San Jose, ...
Tags: Tunable Laser, Transceiver Product
The Asian price spread between high density polyethylene and ethylene feedstock turned negative Thursday, September 25, falling to minus $5/mt from parity a day before, due to the bearish PE market amid continued firm ethylene, Platts data ...
Tags: HDPE-Ethylene, PE
After the US announced its preliminary rulings on CVD and AD duties, momentum in the market has turned weak. Module and cell makers have decreased capacity and increased inventory, and in order to reduce operating pressure, hope to ...
Tags: PV Cell, Module Price Quotes, Lighting
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter ended June 30 of the financial year 2013-14, stating that it has achieved or slightly exceeded all operating and strategic targets for the third ...
Tags: ThyssenKrupp, Mineral, Energy
After US announced its preliminary determination on the CVD and AD duty, the momentum in the market has turned weak rapidly. Module and cell manufacturers were the first to be challenged by the decreased capacity and increased inventory. In ...