HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
Krispy Kreme Doughnuts is transitioning to 100% cage-free eggs – a process it expects to complete by 2026. "Ensuring the eggs that we use all come from cage-free chickens is the right thing for our company and our customers," said ...
Design and packaging firm Graphic Packaging International has agreed to acquire 100% of Australian folding carton supplier Colorpak. Under the agreed terms, Graphic Packaging would pay $0.68 per share inclusive of a fully franked dividend ...
Tags: Graphic Packaging, Folding Carton
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
The just-concluded 14th Shanghai Cooperation Organization (SCO) prime ministers' meeting has once again drawn global attention to China's endeavor to export its surplus industry capacity to meet demand in other countries. A statement ...
The electronic smart packaging market will grow rapidly to $1.45 billion within 10 years, according to new projections. Researcher IDTechEx said an ageing population and changing lifestyles would mean greater demand for packages that ...
Tags: Smart Packaging, packaging
The official Google Commerce blog recently published a post outlining that effective 15 September 2015, Google requires all shopping data feeds to contain a GTIN (Global Trade Item Number).This means that all sellers need to include GTIN ...
Tags: Google, barcode, Shopping Data Feeds
48% of supply chain managers in Australia say they are inadequately trained, according to respondents of a global survey of professionals. Supply chain managers increasingly focus on protecting vulnerable people further down the chain ...
Producer and marketer of recycled nylon fibres Aquafil has entered into a partnership with Outerknown, a new menswear apparel brand founded by 11 time world champion surfer Kelly Slater. An Aquafil press release informed that ...
Tags: textile manufacture, Nylon Fibres
On the sidelines of Taipei Innovative Textile Application Show, the International Cotton Advisory Committee (ICAC) in partnership with the Taiwan Textile Federation (TTF) will organise the ICAC International Seminar 2015. “The theme ...
The Chinese subsidiary of Hong Kong based Li & Fung signed a strategic partnership with two of China’s largest retail groups, Shanghai Bailian Group and Beijing Wangfujing Department Store. A Li & Fung press release informed that ...
Tags: Li&Fung, children's wear
There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
French automotive logistics firm Groupe CAT has commissioned US-based technology firm Axway with devising a system to improve schedule and delivery of finished vehicles, motorcycles and spare parts across its network of manufacturers and ...
Tags: Automotive
Columbia Sportswear Co. announced the promotions of four senior leaders. “I’m highly confident in the leadership abilities of these four teammates and in their commitment to continuing to drive sustainable, profitable growth ...
Tags: Columbia Sportswear, Sportswear
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear