Kellogg India is planning to establish a new R&D facility at Taloja, near Mumbai, in the state of Maharashtra. The move is in line with the company's strategy to increase its contribution to parent Kellogg's Asia-Pacific revenues from the ...
Li-Ning Company Limited swung to a profit on double-digit sales growth in the first half ended June 30 thanks to 17.0 percent growth at its flagship Li Ning brand and a big reversal in impairment charges to it accounts receivables. The ...
Tags: sports goods, Li-Ning Company, Li Ning sales
HIG Europe, a unit of global private equity firm HIG Capital, has sold AR Metallizing to to Nissha Printing. AR Metallizing caters to food, beverage and consumer packaging goods industries with metalized paper. Nissha Printing, which ...
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the quarter ended June 30, 2015. Net sales increased 37.8% to $16.5 million for the first quarter of ...
Tags: spirits, Whiskey, Ginger Beer
Monte Carlo Fashions (MCFL), a retailer of branded apparels reported that its sales declined 5.9 per cent year over year for the first quarter ended June 30, 2015. In a press release, MCFL said its revenue fell 5.9 per cent from a fiscal ...
Tags: apparels, woolen, woven products
Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
South Korean automotive giant Hyundai Motor has slashed two SUV variants’ prices in China by 11.8%, while Japanese automobile major Toyota has voiced against being optimistic about profitability, against the backdrop of sales slump in ...
Tags: Hyundai Motor, SUV
Pharmaceutical packaging maker Gerresheimer is buying plastic vials and oral drug closures maker Centor US Holding for $725m, under an agreement signed with Nemera Development. The transaction, involving an all-cash acquisition that is ...
For the second quarter ended June 30, 2015, apparel sales at German sports goods and sportswear marketer Puma were broadly flat at € 263.3 million from the same quarter of previous year. “This is against high comparables in the ...
Tags: sports goods, sportswear
Profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May, the National Bureau of Statistics (NBS) said on Monday. He Ping, an official with the Department of Industry ...
Tags: Industrial Profits, China economy
Virginia Poultry Growers Cooperative will build a $62m turkey processing facility in Hinton, a move that creates new jobs. The expansion will increase the company's poultry production by over 45% to cater to the increasing consumer demand ...
Tags: animal husbandry, turkey processing, poultry production
The Russian outdoor apparel and garment industry is trying for foreign investment in the sector. Representatives of the official Russian delegation at OutDoor, Europe’s leading trade fair for the outdoor sector in Friedrichshafen, ...
Tags: outdoor apparel, outdoor garment
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
Capital equipment and engineering firm Barry‐Wehmiller is acquiring paper processing product line of Germany’s Bielomatik Leuze. With a pact already inked to that effect, the transaction is likely to be closed in the coming ...