At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
Columbia Sportswear Company's board of directors voted to expand the board to 11 members from 10 previously and elected banker Malia H. Wasson to serve in the newly-created position, effective March 19, 2015. The board also nominated ...
Tags: Columbia, shareholders, Sporting Goods
The Adidas Group announced that in mutual agreement with Vulcabr S.A. it will take control of the distribution and licence rights for the Reebok brand in Brazil and Argentina, when the current joint venture agreement concludes at the end of ...
Tags: Adidas, Reebok, Sporting Goods
Leatherman Tool Group Inc. appointed Bobbie Parisi vice president of marketing for its Leatherman brand effective Feb. 16. Parisi will be located at Leatherman's Portland, OR manufacturing headquarters and report to Leatherman Tool ...
Tags: Leatherman, Parisi, Sporting Goods
Skoda has commenced production of its next generation Skoda Superb at the company’s Kvasiny facility in Czech Republic. The company has expanded the production buildings and production areas of the factory to manufacture the next ...
Tags: Skoda Superb, Skoda
Germany's annual IT business fair CeBIT said Sunday that the digitalisation of the economy is primary focus at this year's event, and the strong presence from China as partner country is attracting great attention. CeBIT, hosted by ...
Tags: CeBIT, IT business fair
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
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 ...
ZSW (Zentrum für Sonnenenergie- und Wasserstoff-Forschung - or Center for Solar Energy and Hydrogen Research - Baden-Württemberg) of Stuttgart, Germany has boosted the efficiency of cadmium-free copper indium gallium diselenide ...
Tags: ZSW CIGS, Solar Cells
Volkswagen’s luxury automotive unit, Audi has acquired automotive-related fuel cell intellectual property worth $80m from Ballard Power Systems. Apart from buying the patents, Volkswagen and Ballard have also extended their ...
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant
Adidas Group reported its sales in Germany, Austria and Switzerland set a record in 2014. Adidas achieved total sales of €1 billion in these three markets in 2014 more than ever before in the company's history. In Germany, the ...
Tags: Adidas, running products, lifestyle products
Mercedes-Benz has announced that it is planning to expand the production capacities of its SUVs in the US. US based contract manufacturer AM General is also expected to join the production network of Mercedes-Benz Cars for the production ...
Tags: SUV Production, Mercedes-Benz Cars, Auto
After closely analyzing the claim made by Schenker-Winkler Holding AG (SWH) to convene an early extraordinary General Meeting, the Board of Directors of Sika AG has made the following decisions: In the view of the Board of Directors, the ...
Tags: Voting Rights, Construction
Etur Textile, one of the largest textile factories operating in Ethiopia, located in Addis Ababa, is set to export its products to markets in Europe and US, according to Ethiopian media reports. According to Adil Basoglu, board member and ...
Tags: textile industry, Textile