Profit is the new turnover in the diamond trade. As retail inventory levels continue to shrink due to recession-driven efficiencies, the trade has had to change its mindset. No longer can diamantaires play the high-volume production game: ...
Tags: diamond trade, diamond
Nestlé Waters North America has launched a global advertising campaign focused on its NestléPure Life bottled water brand. Since its launch in Pakistan in 1998, Nestlé Pure Life has become the global category leader, ...
Tags: Nestle, Pure Life Focuses, PET plastic
"There is no doubt that John has changed the LEGO Group and that the LEGO Group has changed him," said CEO Jorgen Vig Knudstorp. LEGO chief financial officer John Goodwin will leave the company on June 30th, 2017. Goodwin joined the ...
US-based global software company InfinityQS has identified seven critical tools that can help food production companies to improve their food safety, prevention and traceability practices. According to the manufacturing enterprise ...
Citroen has revealed CXPERIENCE concept car, a month ahead of Paris Motor Show. It demonstrates the brand's capacity to deploy its "Be Different, Feel Good" promise in the large saloon segment. With its distinctive body style, this new ...
Diageo is dropping Guinness from the name of its US beer business as part of a plan to expand its investment in the market. The name will change to Diageo Beer Company USA from Diageo-Guinness USA (DGUSA) to signal the company’s ...
Tags: Diageo, DGUSA, name changing
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
Ford will be releasing its new vehicles which will be quieter thanks to a new testing method called aeroacoustic mobile wind tunnel testing. With this testing method, Ford says that unnecessary or unwanted wind noise could be eliminated ...
REI reported sales reached a record $2.4 billion in 2015 after a second consecutive year of nearly double-digit growth. Sales increased 9.3 percent from $2.2 billion in 2014, or 11 percent when adjusting for an extra 53-week of sales ...
Children should learn mainly though play up until the age of eight, says head of LEGO Foundation Hanne Rasmussen. The LEGO Group has put £4 million into a new LEGO Professorship at Cambridge University to help forward research in ...
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
Motiv Design, one of the nation's most respected brand and product development firms, today announced publication of its special report, "The Road to Product Authenticity," that provides consumer product companies with insights into future ...
Tags: 2015 SEMA Show, Customized Autos
Different types of smart LED lighting solutions have taken the spotlight at lighting exhibitions these years. There has been a heated discussion about whether smart lighting’s entry in the market. Bestselling smart lighting products ...
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...