Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
New data released shows the cartonboard industry must look east for growth, with Asia Pacific accounting for almost two thirds of demand for folding cartons by 2018, and liquid cartons by 2019. Diversification of consumption patterns, ...
Tags: Cartonboard, Asia-Pacific
After four years, Paul von der Heyde is stepping down as chairman of the British Furniture Confederation (BFC), the furniture industry's Government lobbying body. The new chairman is Jonathan Hindle, group managing director of KI (Krueger ...
Tags: BFC, KI EMEA, Industry Lobby Group
Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Employee-owned Packaging Group, Kite Packaging, has been named by London Stock Exchange Group as one of the top ‘1000 companies to inspire Britain in 2016’. 2016 heralds the 3rd edition of London Stock Exchange Groups’ ...
Nestle Vietnam has begun construction of a new nutrition manufacturing facility with an investment of $70m at the Thang Long Industrial Park II in Hung Yen province. The new plant, which is being constructed on a 10 hectare area, will ...
Tags: Nestle Vietnam, New nutrition manufacturing facility, Investment
Mazda North American Operations has announced the pricing of its all new three-row crossover SUV 2016 Mazda CX-9. Offering a premium experience, fun-to-drive handling dynamics and bold KODO -- Soul of Motion design, CX-9 represents a ...
Tags: Mazda, SUV 2016 Mazeda CX-9
The first ever review of the Australian Consumer Law (ACL) will test whether consumer protections will suit the modern market place says Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims. Speaking today at the ...
Tags: ACL, ACCC, Consumer protection
According to market sources, independent multichannel retailer Lombok, best known for its exotic, colonial-styled furniture, is currently exploring the possibility of a sale, with the aim of funding a series of ambitious growth plans. ...
Tags: Multichannel retailer, Lombok, Furniture, Sale
The Government's plans to change Sunday trading laws in England and Wales, which would allow larger shops to trade for more than six hours, have been scrapped after being rejected by MPs. The plans were rejected by 317 votes to 286, ...
Tags: Sunday trading laws, Large shops, MPs
Leading independent bed retailer Land of Beds has won the Family Business Award of Excellence at Cheshire’s 10th annual High Sheriff’s Awards for Enterprise 2015-16. The awards recognise leaders of outstanding businesses in ...
UK retail footfall in February was 1.1% down on a year ago – lower than the 1.2% rise seen in January and the three-month average rate of -0.8% – according to the latest BRC/Springboard Footfall and Vacancies Monitor. ...
Tags: BRC, Retail football, Goverment support
California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...
Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food
Mercedes-Benz Style has joined hands with Italian light design company Artemide and the two companies will showcase their latest product at the “Light + Building” trade fair in Frankfurt. It embodies the Mercedes-Benz design ...
Tags: VMercedes-Benz, Artemide, Frankfurt, Light, Building
Good news that 121 trucks were ordered was send out from the Qinzhou on-sale release conference of Chenglong H7 Yuchai 6K truck held on March, 9th, 2016. Is the continuous bid orders coincidence or certainty? Powerful Engine Creates ...