Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
US-based blow molded packaging solutions provider Pretium Packaging has acquired Intertech, a manufacturer of custom and plastic bottles for an undisclosed amount. Intertech specializes in developing blow molded high-density ...
Tags: Plastic Bottles, Packaging
Abu Dhabi based National Catering Company (NCC) has signed an agreement with Abu Dhabi Ports to secure a 25,000-sqm plot of land in the Khalifa Industrial Zone (Kizad). As part of this new development, NCC will invest around AED50m ...
Tags: National Catering Company, Food
Riaz Ahmed, owner and MD of Lancashire bed and furniture manufacturer Sweet Dreams, was invited to visit Chancellor Rt Hon George Osborne MP last week to discuss how to promote business in the north with other major employers and ...
Limitless Venture Group has formally signed the SLAM bottling agreement with Temperance Distilling, through its wholly owned subsidiary Limitless Brands, which supersedes any and all previous agreements. After Temperance tested the ...
Tags: bonded warehousing, design services, TTB consulting, Agriculture
Ecommerce, which created a buzz in the Indian retail market last year, is likely to further grow in 2015, given the growing number of Internet users in the country, which is already estimated to have touched 250 million. Although ...
Tags: retail market, e-retail space, Apparel
Meat company HKScan Group has announced plans to restructure its production capacity in Denmark in a bid to streamline its operational footprint. The actions will enable the company to improve operational efficiency and will help create a ...
Tags: deboning capacity, Agriculture
The Bay City Commission in Michigan, US, will consider a resolution for a Brownfield Redevelopment Plan for the city's Landaal Packaging Systems that would be an incentive for the nearly $5m expansion that had been announced earlier. ...
Tags: manufacturing, warehousing, office operations, Agriculture
Online apparel sales continue to capture a greater share of India retail ecommerce sales, said an ASSOCHAM-PwC study. The apparel category, along with computers and consumer electronics, helped fuel the overall market growth, through ...
Tags: ecommerce sales, retail ecommerce, Apparel
Uform has won at the annual Ireland Kitchen Trade Guide Awards, where it was named Supplier of the Year 2014-2015. Uform has come a long way since its foundation twenty one years ago. Established in 1993, the company has grown from ...
Tags: Kitchen Trade, Furniture
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
Coca-Cola has secured required board approvals to invest $500m in Coca-Cola Amatil's (CCA) Indonesian operations. Through the proposed investment,Coca-Cola will acquire 29.4% stake in CCA Indonesia (CCAI). An agreement to this effect ...
Tags: Coca-Cola
In action: female forklift champion Jayde Graham. The National Forklift Championships has come to an end as the final event was held in Brisbane on Friday 28 November. The course design for the final round saw a very challenging layout ...
Tags: female, forklift champion, Service
Good design and innovation in packaging are what the Packaging Council of Australia’s awards program - the Australian Packaging Design Awards - recognises. But more than that, it applauds the successful execution and implementation of ...
Tags: Packaging Design Awards, Packaging