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DNO Has Announced Record 2012 Net Profit of NOK 1.04 Billion

Feb 19, 2013

DNO International ASA, the Norwegian oil and gas company, has announced record 2012 net profit of NOK 1.04 billion on operating revenues of NOK 2.84 billion. Fourth quarter 2012 net profit was NOK 810 million on operating revenues of NOK ...

Tags: DNO, Record Profits, operating revenues

Integrated Packaging Has Completed The Acquisition of The Business and Assets

Feb 19, 2013

The Integrated Packaging Group (IPG) has completed the acquisition of the business and assets of three major Amcor Flexibles Packaging Plants. The plants, in the outer Sydney suburbs of Cheltenham, Chester Hill and Kirrawee, produce ...

Tags: Integrated Packaging, Expansion, IPG

European Industry Veteran Andi Schmidt Has Joined Hayes Components

Feb 19, 2013

European industry veteran Andi Schmidt, has joined Hayes Components as its European marketing manager. Schmidt will be working from Garching, a Munich suburb. He has previously worked for SR Suntour, Bionicon and Nicolai. He will be ...

Tags: Andi Schmidt, Hayes Components, company news

BTI Is Expanding Its Free Shipping Incentive with a New Freight Program for 2012

Feb 19, 2013

BTI is expanding its free shipping incentive with a new freight program for 2012. The company's goal is to reduce dealer costs and get shipments to more dealers in two days or less. The distributor is "subsidizing" UPS shipping costs by ...

Tags: BTI, free shipping, freight program

QBP Has Expanded Its Inventory in Its Pennsylvania and Utah Warehouses

Feb 19, 2013

QBP has expanded its inventory in its Pennsylvania and Utah warehouses in an effort to reduce split orders and lower freight costs and delivery time. “Our customers asked for more locally available product, and we quickly responded ...

Tags: QBP, Warehouses, company news

Clothing Maker Mt. Borah Has Released a New APP for The iPad

Feb 19, 2013

Clothing maker Mt. Borah has released a new app for the iPad that allows customers to design semi-custom cycling clothing. The free app allows users to specify color variations on tops and bottoms and choose upgrade options such as ...

Tags: Clothing, app, semi-custom cycling clothing

Honey Stinger Has Released Its First Caffeinated Protein Bar

Feb 19, 2013

Honey Stinger has released its first caffeinated protein bar, in a Dark Chocolate Mocha Cherry Pro flavor. The bars were released for the first time at Outdoor Retailer Winter Market in Salt Lake City late last month. The new bars have 10 ...

Tags: Honey Stinger, caffeinated protein bar, food industry

Wahoo Fitness Is Now Shipping Its RFLKT Computer

Feb 19, 2013

Wahoo Fitness is now shipping its RFLKT computer, which displays data from the user's iPhone fitness apps. The RFLKT (pronounced "reflect") receives data from apps running on Bluetooth Smart-compatible iPhones, which include the iPhone ...

Tags: Wahoo Fitness, RFLKT computer, iPhone fitness apps

Nokia May No Longer Launch a Full QWERTY Keyboard Phone

Feb 18, 2013

The Nokia Germany product manager David • Akinjise recently in an interview revealed that user demand is not high on the full QWERTY keyboard phones and Nokia may not launch such products. Nokia might no longer launch a full ...

Tags: Nokia, QWERTY keyboard phones, smart phone, phone market

Suspension Brand X-Fusion's Sales Were up 20 Percent Last Year

Feb 18, 2013

Suspension brand X-Fusion's sales were up 20 percent last year, the company announced this week. The company said sales were driven by the introduction of three new fork models, steady sales in rear shocks, and growth in the dropper-post ...

Tags: Suspension brand, X-Fusion, sales

Leisure Trends Group Is Hosting a Webinar for NBDA Members Wednesday

Feb 18, 2013

Leisure Trends Group is hosting a webinar for NBDA members Wednesday to provide analytics and insights gained from ongoing tracking of monthly point of sales data from independent bicycle dealers. The one-hour webinar is being presented by ...

Tags: Leisure Trends Group, webinar, NBDA members

Chris Clinton Is Joining Challenge North America as Marketing and OE Sales Director

Feb 18, 2013

Chris Clinton is joining Challenge North America as marketing and OE sales director, the company announced Tuesday. Stefano Lumbaca, who opened the brand's North American office in Ohio last June, has left the company. Emily Zinn, who is ...

Tags: Chris Clinton, OE sales director, Challenge North America

Triathlon Is Now a Separate Department Within The Italian Clothing Brand Castelli

Feb 18, 2013

Triathlon is now a separate department within the Italian clothing brand Castelli, the company announced Monday. The company said the new department would accelerate product development that already began with Castelli’s Body Paint ...

Tags: Triathlon, clothing brand, Castelli

Hasbro Has Made a Brace of Executive Management Appointments in The US

Feb 18, 2013

Hasbro has made a brace of executive management appointments in the US. First up, David Hargreaves (pictured) will take on the newly created role of EVP corporate strategy and business development. A 30-year veteran of Hasbro, he has ...

Tags: US, High Level Exec Changes, Hasbro

Harrods Has Pulled Two Children's Books Labelled "Sexist" From Sale

Feb 18, 2013

Harrods has pulled two children's books labelled "sexist" from sale and has apologised for any offence caused. A Twitter photo of the two "non gender neutral" 'How to be' books was posted on Twitter by TV journalist and former Harrods ...

Tags: Harrods, children's books, sexist