German automobile major Mercedes-Benz’s Argentine unit gears up to launch its new mid-size van model Vito during the ongoing seventh edition of Buenos Aires International Motor Show. With production of the vehicle beginning this ...
Tags: Mercedes-Benz, luxury automobile, new mid-size van model Vito
France headquartered Solvay Group said it is investing in fibre and smart polyamide textile yarn production technology to meet the growing market demand for innovative textile products. “An investment of around R$ 50 million is ...
Tags: Solvay, Textile Yarn
As Hästens continues to drive its global expansion, the company has announced the appointment of a senior manager for the UK market. Oliver Bowen assumes the position of country manager UK, and will drive Hästens’ ...
Tags: UK market, key market
Athletic footwear maker Skechers has cited reports in The Wall Street Journal and Money.com that said the company has moved ahead of competing footwear brands Adidas, New Balance and Asics to secure the number two brand share position in ...
Tags: Adidas, Athletic footwear
Shoppers Stop Ltd (SSL), an India based operator of various retail formats reported a revenue jump of 9 per cent from the year ago quarter in the fourth fiscal quarter ended March 31, 2015. In a press release, SSL said it recorded a ...
Tags: Shoppers Stop, retail formats
Last week, Faerch Plast announced its arrival in Australia. This week it has announced its acquisition of Anson, a manufacturer of thermoformed packaging solutions. The acquisition takes place just a year after private equity fund EQT VI, ...
Tags: Faerch Plast, Packaging
As part of its growth strategy to reach a broader set of customers, Global Power Technologies Group (GPTG) has announced an exclusive global distribution agreement with US-based Digi-Key Electronics, a provider of both prototype/design and ...
Tags: SiC Products, Electronics
Mercedes-Benz has started production of GLE Coupé at its plant in Tuscaloosa, Alabama, US. The GLE Coupé is a new series of Mercedes-Benz that incorporates characteristics of a coupé with SUV. The company said it ...
Tags: Mercedes-Benz, GLE Coupé, SUV
Andrews Distributing Company, a leading beer distributor in the US, has signed a deal to distribute craft beer of New Holland Brewing in Texas. Co-founded in 1997 by Brett VanderKamp, New Holland Brewing produce beers and spirits. Its ...
As part of its growth strategy, Sika is further expanding its presence in the Asia Pacific region by founding a subsidiary company in Myanmar and opening a new production plant in Sri Lanka. This will help the company to further utilize ...
Tags: Sika, new production plant, Construction
Net loss widened steeply by 63.15 per cent at US apparel marketer Perry Ellis International for the 2015 fiscal ended January 31, 2015. On a GAAP basis, net loss for fiscal 2015 was $37.2 million, or $2.50 per diluted share compared to ...
Tags: GAAP basis, sportswear collection, Apparel
Clariant has launched two new pigment dispersions for the Indian printing industry, at the Asia Coat + Ink Show 2015. With the launch of Permajet IN-C and Flexonyl WF, Clariant will actively demonstrate its commitment to creating value for ...
Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the ...
Tags: Sporting Goods Corp, Big 5, Sporting Goods
US based tire maker Goodyear has set up its first development center at its manufacturing facility in Pulandian, China. With the new development center, the company aims to increase the speed and efficiency of high-value-added tire ...
Tags: Goodyear, Development Center, Auto Parts
Car rental company Enterprise Holdings has named Australian car rental company Redspot as its franchise partner in New Zealand and Australia. Enterprise presently operates fleet of 1.5 million vehicles, in more than 70 countries through ...
Tags: Car, vehicles, Auto Parts