A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
In the fiscal second quarter ending August 2, 2014, apparel retailer JC Penney said it reported a third consecutive quarter of growth, while gross margin improved 640 basis points from same quarter last year and 290 basis points ...
Tags: JC Penney, Apparel, Accessories
Town Shoes Limited announced the opening of its first two DSW Designer Shoe Warehouse locations in Canada. DSW Designer Shoe Warehouse will open at Heartland Centre in Mississauga and Woodland Hills in Newmarket, Ontario, on Aug, 7. DSW's ...
Tags: DSW, Canada, Sporting Goods
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
The Afrezza-branded inhaled insulin from Mannkind (Valencia, CA) will be introduced in the United States in 2015 after Sanofi entered into an agreement with the company, offering up to $925 million for the rights to sell the product ...
Intravascular imaging may just have become easier for Boston Scientific (Marlborough, MA) iLAB customers. The company has launched a more powerful imaging device that could also reduce confusing workflows, shorten procedure times, and ...
In the final week of the 2014 National Suit Drive, Men's Wearhouse is asking consumers to dig through their closets and donate gently-used business attire, including men's (and women's) suits, pants, shirts, ties, shoes and belts, at their ...
Tags: Men's Wearhouse, Apparel, Accessories
Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel, Calif. The approximately 29,500-square-foot store is scheduled to open in spring 2015. The property is owned and managed ...
Tags: Nordstrom, Nordstrom Rack, Apparel
Swedish speciality steel producer SSAB has announced that the European Commision has approved its merger with Finland-based steelmaker Ruukki. The offer period for the merger is scheduled to expire on July 22. The Commission had concerns ...
Tags: SSAB, Ruukki, Metallurgy, Mineral
Implementation of Indian Customs Single Window Project will facilitate and modernize the current scenario of Indian textile imports and exports as per industry insiders. The finance minister proposed the implementation of Indian Customs ...
Tags: online Approval, Trade, Textile
Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...
Tags: Investcorp, Acquire, Textile
Australia-based SunRice Group has agreed to acquire Blue Ribbon Rice Group's rice milling assets in Brandon in North Queensland’s Burdekin region. The transaction, which is subject to clearance by the Australian Competition and ...
The new SprayBib tire from Michelin is the industry's first VF sprayer in the 50-inch size. Michelin North America Inc. is adding a 50-inch tire to its SprayBib line. The new MichelinVF420/95R50 177D SprayBib is designed to support larger ...
Tags: Auto Parts, Tyre, Tire
Impacted by the US-China trade war, PV cell manufacturers’ utilization rates continued to drop in June, and thus affected manufacturers’ sales performances, according to EnergyTrend, a subsidiary of Taiwan-based market ...
Tags: PV cell, Solar Cell
It's the ultimate in floor space conservation. If your garage ceiling has enough clearance, you just might be able to park two cars in the same stall. Not two Range Rovers or two monster trucks, but two low-profile sedans or sports cars ...
Tags: Construction, Decoration, Garage Door