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
US based apparel marketer, Iconix Brand Group said it has acquired the remaining 50 per cent of Iconix China from its joint venture partner, Novel Fashion Brands Limited. Novel Fashion Brands was owned by the Chou family and the deal ...
Qorvo Inc, a provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has reported December-quarter financial results for both RF Micro Devices Inc of Greensboro, NC, USA and TriQuint ...
Tags: core technologies, solutions, Electrical
After 10 years at the helm of Amcor, Ken MacKenzie has decided to retire from the position of managing director and chief executive officer, Amcor chairman, Graeme Liebelt announced on 22 January. “I believe after 10 years in the ...
DuPont is consolidating its corporate headquarters at the company’s Chestnut Run Plaza campus in New Castle County, Delaware effective July 1, 2015, following a review of separation of assets and real estate associated with the ...
The private hospital sector is an emerging part of China’s healthcare market, and is expected to maintain double-digit growth over the coming years, driven by regulatory changes, market demand and capital investments. Specialty ...
Tags: Specialty Hospitals, Medicine
Adjusted EBITDA at NYSE listed, American Apparel, a marketer and retailer of clothing soared 38% year-on-year to $13.5 million in the third quarter ending September 30, 2014. However, net loss for the third quarter of 2014 shot up ...
Tags: Adjusted EBITDA, American Apparel, Apparel
For its fiscal first-quarter 2015 (ended 27 September 2014), JDSU of Milpitas, CA, USA has reported revenue of $433.6m (exceeding the high end of the $405-425m guidance range). This is down 3.3% on $448.6m last quarter but up 1.1% on $429m ...
Tags: JDSU, Optical communications
Nordic IT services company Tieto has entered into an agreement with packaging and paper company International Paper (IP) to deliver an MES solution based on Tieto’s standard SAP-based MES solution. Initially, this MES system will be ...
Burlington Stores, Inc., an American national off-price retailer of branded apparels, has appointed new members to its Board of Directors (BoD). The chief marketing officer of Global Consumer Engagement for PepsiCo’s Global ...
Tags: Burlington Stores, New Members, Accessories
Cree has announced revenues of $436 million for the fourth quarter of 2014. This is a 16 per cent increase on the fourth quarter in 2013 when it announced revenue of $375 million and an 8 per cent increase on the third quarter of 2014. ...
Tags: Cree, LED lighting
Georgia-Pacific, an American manufacturer of tissue, pulp, paper, packaging, building products and related chemicals, has completed the acquisition of paper packaging company SPG Holdings for an undisclosed amount. The deal covers SPG's ...
Tags: Georgia-Pacific, Packaging, Printing
For full-year fiscal 2014 (ended 29 June), Cree Inc of Durham, NC, USA has reported record revenue of $1.65bn, up 19% on fiscal 2013’s $1.39bn. Fiscal Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Revenue $375m $391m $415.1m $405.3m ...
Tags: Cree LED, Electrical, Electronics
For its fiscal fourth-quarter 2014 (ended 29 March), RF Micro Devices Inc of Greensboro, NC, USA has reported revenue of $256m, down 11.3% on $288.5m last quarter and 8.8% on $280.6m a year ago. Fiscal Q4/2013 Q1/2014 Q2/2014 Q3/2014 ...
Tags: RFMD, Electrical, Electronics
Honeywell announced its results for the first quarter of 2014. Highlights: -Organic Sales Growth 1%, Up 3% Excluding Defense & Space -EPS Up 6% Year-Over-Year Reported, Up 10% Using Normalized Tax Rate -$0.10 EPS Gain Funding ...
Tags: Honeywell, Organic Sales