Industry Views of sport-recreation - Made-in-China.com

Huhtamaki to Acquire Flexible Packaging Foils Firm Fiomo

Dec 28, 2015

Finnish disposable packaging manufacturer Huhtamki has agreed to acquire Fiomo, a multi-layer flexible packaging foils producer in Czech Republic. The transaction, which is expected to be finalized in early 2016, is valued at around 28m. ...

Tags: Huhtam, Fiomo, Packaging

China's Industrial Profit Decline Narrows in November

Dec 28, 2015

Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...

Tags: Industrial Profit, Decline

China's Forex Moves to Increase Volatility, Trading Volume

Dec 28, 2015

The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...

Tags: Forex, Trading Volume

UBS Forecasts China Q4 Growth at 6.9 Pct

Dec 28, 2015

China's economic growth is expected to be unchanged in the fourth quarter of this year, but an improvement is still distant due to property weakness and excess capacity, according to the latest report from UBS. The Swiss banking group ...

Tags: UBS, China Q4

RMB's Upgrade to Reserve Currency "Good News": Ex-ambassador

Dec 28, 2015

The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...

Tags: RMB's Upgrade, Reserve Currency

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...

Tags: ferrous scrap, iron ore

BYD Stands as a World's Leading EV Manufacturer

Dec 27, 2015

By combing its solar panel business and energy storage sector, BYD delivered a truly zero-emission ecosystem to the world in 2011. Today, BYD makes itself one of the world’s leading EV manufacturers as it topped No.1 by selling most ...

Tags: BYD, EVs, Electric Buses, Battery

Gigabyte Lands Agent Rights for Nvidia Quadro

Dec 26, 2015

Gigabyte Technology has become a sales agent for Nvidia's Quadro-series graphics cards in the China market and will partner with Intel to push customized PC products using the graphics card series, hoping to boost their sales in China's DIY ...

Tags: Graphics Cards, PC Product

Tobacco Giant Philip Morris Loses Battle Against Plain Packaging

Dec 25, 2015

21 Dec 2015 Tobacco giant Philip Morris has lost its fight against the plain packaging laws that it claimed would threaten the intellectual property of its brands. The company behind Marlboro, Peter Jackson and Longbeach cigarettes has ...

Tags: Philip Morris, Tobacco, Packaging

Recycling Rate Plateaus, Glass Volumes Drop

Dec 25, 2015

22 Dec 2015 Australia is seeing a plateau in its recycling rates according to the Australian Packaging Covenant (APC). According to the sustainable packaging initiative, the overall recycling rate for post-consumer packaging in ...

Tags: Australian Packaging Covenant, recycling, Packaging

New Zealand Design Team Speaks The Language of Greek Yoghurt

Dec 25, 2015

22 Dec 2015 New Zealand's Dow Design was asked to promote the quality of Anchor's Greek-style yoghurt and create a fresh new look for the brand. The design team wanted the yoghurt to jump out on-shelf, but didn't want to take away from ...

Tags: Dow Design, Greek-style yoghurt, Packaging

Nurofen Swallows Bitter Pill Over False Packaging Claims

Dec 25, 2015

22 Dec 2015 The manufacturer of Nurofen will be forced to pay millions of dollars in fines after a court found its packaging claims were misleading. The products in Reckitt Benckiser's Nurofen specific-pain range were advertised as ...

Tags: Nurofen, fines, Packaging

L. L. Bean to Open Virginia Beach Location in Spring

Dec 25, 2015

L.L.Bean will open its third store in Virginia in spring of 2016 at Lynnhaven Mall in Virgina Beach. The 16,700-square-foot store will feature an assortment of active and casual apparel and footwear, as well as outdoor lifestyle gear ...

Tags: L.L.Bean, third store, Sporting Goods

Victoria Plum Buyer Moves to Matalan Direct

Dec 25, 2015

Craig Hadley, Victoria Plum’s former head of buying, has joined online-only home furniture brand MatalanDirect.com as buying director. Having being instrumental in leading Victoria Plum to unprecedented growth, Hadley has been ...

Tags: MatalanDirect, Furniture

Designer Boosts Growing North Yorkshire Interiors Business

Dec 25, 2015

Baytree Interiors, which retails home accessories, lighting and furniture, has hired experienced interior designer Ella De Wastney to join its head office team based near Bedale. With over 25 years' experience in interior design, Ella ...

Tags: Baytree Interiors, designer, Furniture

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