For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
Indian online retailers may soon come under the surveillance of the Consumer Protection Law, following complaints for alleged unfair business practices, according to a cabinet proposal put forward by the consumer affairs department, ...
Tags: Consumer Protection Law, Consumer Protection Authority, Apparel
Lifestyle International, one of the leading retailers from Dubai, is selling products from its value fashion brand, Max, on Flipkart, one of India’s leading online stores. Max is the latest to join the rising list of ...
Tags: leading retailers, online stores, Apparel
Revenue and EBITDA surged 17 and 52 per cent, respectively from a year ago quarter at the fashion and lifestyle business of Kumaramangalam Birla led, Aditya Nuvo, in the second fiscal quarter ended September, 30, 2014. Led by revenue ...
Tags: Pantaloons, Jaya Shree Textiles, Apparel
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
UK-based plastic pallets supplier Goplasticpallets.com has launched the GoBox 1210 BBE, a grocery box that helps in keeping fruits and vegetables fresh for a long time. These new perforated, rigid plastic pallets are said to be ...
Tags: GoBox 1210 BBE, grocery box, Agriculture
The Colour Carton Company (CCC) which is a part of the UPAC Group, will acquire the solid board and litho/lam division of the East Kilbride manufacturer, The Central Box Company (CBC). The CCC specialises in box manufacturing, print, ...
Plastics and packaging company DS Smith’s Plastics Division has added a new fold-flat plastics container, Duca-Pak, to its Uni-Pak family which produces durable, foldable containers. These plastic containers recently won the ...
The Taiwan government has decided on a budget of NT$5.49 billion (US$179 million) to support local governments to replace 692,000 mercury vapor street lamps with LED models in an attempt to completely convert to LED street lamps by the end ...
Tags: LED Street Lamps, LED
UK-based corrugated retail and shelf-ready packaging manufacturer TRM Packaging, along with the Flint Group, has opened a new colour lab. The installation and investment on the colour lab is a part of the five-year partnership of the two ...
Tags: TRM Packaging, colour lab, Agriculture
Illinois-based KapStone Paper and Packaging will spend about $115m at its Cooper River site to modernise three papermaking machines and to make other improvements for increasing the capacity and efficiency. In a statement released on ...
Tags: papermaking machines, Agriculture
Dow Construction Chemicals (DCC), a business unit of The Dow Chemical Company has launched a new, high-performance 100 percent acrylic redispersible powder, DLP-500. With this launch, Dow enters a new market with a dry acrylic powder that ...
Tags: Acrylic Powder, Chemicals
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...
Tags: cotton futures, market report, Textile
Bangladesh based, Far East Industries Ltd will set up the country’s first compact yarn manufacturing facility. “The plant to be set up in Habiganj will be operational in 18 months at an approximate investment of Tk 150 ...