U.S. chain-store sales rose 2.2 percent year on year for the week that ended on December 27 and included the final shopping days before Christmas, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. ...
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
China will continue to subsidize new-energy cars through 2020 but plans to cut the subsidy gradually to foster market competition, according to a draft of the rules posted on the Ministry of Finance website Tuesday. The new policy is ...
Tags: New-Energy Cars, Transportation
Global demand for industrial silica sand is forecast to advance 5.5 percent per year to 291 million metric tons in 2018, with a value of $12.5 billion. Accelerations in construction spending and manufacturing output worldwide are expected ...
Tags: Silica Sand, glass
United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for ...
Taiwan's 2015 machinery exports to see rough going. In Jan.-Nov.2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island's machine-tool industry having exported US$3.43 billion of equipment, growing at ...
Tags: machine-tool industry, high-performance machines, Manufacturing
The average customer satisfaction score for Amazon slipped five points to 83 to tie with QVC for the highest score among the top 100 e-commerce sites measured over the holidays, likely because of increased price competition, according to ...
Overall, retail sales during the Black Friday to Christmas Eve period excluding automotive sales increased 5.5 percent in 2014, according to Mastercard Spendingpulse’s initial view on the 2014 U.S. holiday shopping season. The ...
Guitar Center appointed Darrell Webb, formerly chairman and CEO of The Sports Authority, to be the company’s new president and chief executive officer. Webb replaced former CEO Mike Pratt, who resigned. Webb has more than 30 years ...
Tags: craft retailer, Sporting Goods
Foreign direct investment (FDI) inflows into India have surged by around 25 per cent from a year ago, in the April-October period of the current fiscal year. In the seven months to October 2014, FDI rose some 25 per cent from $13.82 ...
Tags: pharmaceuticals, oil, gas, petrochemicals, Textile
Published annually, the Statistics Digest is compiled using the latest available data sourced from a range of websites. Dr. Peter Beele, Technical Services Manager for FIRA International and author of the publication, said: ...
Tags: Furniture Industry, websites, Furniture
Gross margin expansion and a lower average share count drove diluted earnings per share growth by 25 per cent year on year at Nike for its second fiscal quarter ended November 30, 2014. In the second quarter of fiscal 2015, net income ...
Tags: product type, geography, key category, Apparel
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other ...
Tags: diamond industry, diamond market
Adhesives manufacturers HB Fuller will be acquiring East and Central African provider of industrial adhesives Continental Products. This transaction is expected to generate approximately €2.3m in revenue for the 2014 fiscal year. ...
Tags: paper converting, printing, labeling, Agriculture
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...