Toy giant will move from country-by-country leadership structure to a pan-European approach to drive greater efficiencies across its European business. Toys R Us is taking ‘aggressive steps in the months ahead’ to achieve ...
German apparel marketer Tom Tailor Group said, it plans to strengthen its long-term competitiveness through an accelerated verticalisation of the Group. Tom Tailor Group has in its portfolio brands like Tom Tailor, Tom Tailor Denim, Tom ...
Tags: Tom Tailor, apparel marketer, Apparel
Specialty chemicals company, Lanxess has announced personnel changes on both the Supervisory Board and the Board of Management. The Supervisory Board has proposed Lawrence A Rosen, member of the Board of Management of Deutsche Post ...
Tags: Lanxess, Specialty chemicals
Audi has deployed robots named ‘Ray’ at its plant in Ingolstadt, Germany that are capable of independently transporting cars from production to an interim storage area. Presently, the company has introduced two robots that ...
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Infineon Technologies AG of Munich, Germany has completed its acquisition (announced on 20 August) of International Rectifier Corp (IR) of El Segundo, CA, USA, following the approval of all necessary regulatory authorities and International ...
Infineon Technologies AGannounced today the closing of the acquisition of International Rectifier. With effect from today, the El Segundo based company has become part of Infineon following the approval of all necessary regulatory ...
Tags: necessary regulatory authorities, power semiconductors, Lights
Craft Sportswear North America has named Eric Schenker as its new chief executive officer. Schenker previously held the position of director of sales and marketing and will take over the role of CEO on his 10-year anniversary with Craft. ...
Tags: skiing, biking, running, alpine skiing, Sporting Goods
Specialty chemicals Group Altana has acquired two companies in Brazil. As a result, the Actega division now has its own sites in South America's largest country. Both of the acquired companies are owner-operated and headquartered in the ...
Tags: packaging industry, overprint varnishes, printing inks, Construction
Ohringen based Huber Packaging Group is set to acquire the locations of Crown general line tinplate packaging in Switzerland, Finland, Great Britain and France. Financial details of the purchase remain undisclosed, with the acquisition ...
Tags: Huber Packaging, Packaging
German wine seller Hawesko is looking for an alternative buyer for its proposed buyout after rejecting takeover offer by Detlev Meyer. Hawesko's management board said that a 40-euro-per-share takeover bid by by Tocos Beteiligung and its ...
Tags: buyout, wine seller, Agriculture
Grohe AG, one of world-leading suppliers of sanitary faucets and fittings, is among the top three winners of the 2014 German Sustainability Award. Due to its commitment to the responsible use of water and energy, GROHE was one of three ...
Tags: sanitary faucets, fittings, Furniture
NYSE listed, apparel marketer, Gap Inc has entered into a partnership with Zalando, Europe’s leading online fashion website, to offer its own dedicated online shop within Zalando. The American retailer will offer a broad assortment ...
Tags: online shop, Gap, Apparel
NOVA Chemicals, a leading producer of chemicals for global customers who produce consumer, industrial and packaging products, has appointed Naushad Jamani as the senior vice president for Olefins and Feedstock, effective from January 1, ...
Tags: NOVA Chemicals, feedstock sources, Textile
Volkswagen is extending its partnership with its Chinese joint venture partner First Automotive Works for further 25 years. Apart from the partnership extension, the companies are planning to invest in the Shanghai Volkswagen (SVW) ...
Tags: Volkswagen, Partnership, Accessories