Globally, the Ikea Group's net income for the financial year 2014 amounted to €3.3b – the same as that reported for the previous year. Market conditions continued to improve with strong performance in China and North America, and ...
Tags: stores, Flat Performance, Furniture
ICL, a global manufacturer of essential food products, announced that its ICL Food Specialties business unit has inked a share purchase agreement to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH, collectively known as Prolactal. ...
Tags: beverage, dairy, meat industries, Agriculture
Former Coles boss, Ian McLeod has resigned from his position with Coles’ parent company Wesfarmers, accepting an offer to become President and Chief Executive Officer of Bi-Lo Holdings, one of the largest supermarket operators in the ...
Tags: retail market, Agriculture
BASF’s new European competence center for flooring and waterproofing systems at Oldenburg, Germany, is now fully operational. Manufacture of the Masters Builders Solutions products has been relocated from Schaffhausen, Switzerland. ...
German electronics manufacturers overcame challenging international markets to achieve 2.4% year-on-year growth for the 11 months preceding November 2014, the ZVEI has reported. Turnover in the German industry is expected to have totaled ...
The Adidas Group has again been recognized as an employer of choice in Germany and China. The German magazine Focus has this year again named the Adidas Group as the Top Employer in Germany. The Group thus maintains its top ranking in the ...
Tags: Adidas Group, employers, Sporting Goods
Digital printer manufacturer, Reggiani partook at both Heimtextil in Frankfurt and Domotex in Hannover in January and its booth resembled a home, fitted out with several types of fabrics printed on its machines. Reggiani says this is the ...
Excluding impact from divestiture of Rockport business, currency-neutral sales at Adidas Group rose by 6 per cent from the previous year in 2014, based on preliminary unaudited figures. In euro terms, sales were up 2 per cent to ...
Tags: net income, Apparel
German trade fair duo imm cologne and LivingKitchen closed on Sunday, recording 146,000 visitors from 138 countries – among them 102,000 industry visitors, up from 99,000 in 2013. “These figures prove that the international ...
Tags: imm cologne, Kitchens, Furnishing Retailers, Furniture
BASF plans to invest up to €56 million in the expansion of its Polyvinylpyrrolidone (PVP) value chain over the next four years. PVP is a polymer which is used in diverse industries, for example the pharmaceutical or the personal and ...
Tags: binding properties, PVP market, Construction
DOMOTEX 2015, the world’s flagship trade fair for carpets and floor coverings, was held successfully from January 16 to 19, 2015, at Hannover, Germany. Organized by Deutsche Messe, DOMOTEX 2015 was staged in 12 halls, making it the ...
Tags: carpets, floor coverings, Textile
Globe Textiles (India) Pvt. Ltd. (GTIPL), an Ahmedabad-based leading manufacturer and exporter of fabrics and garments, will debut its famed denim collection at the Asia Apparel Expo 2015, to be held at Messe Berlin, Berlin, Germany from ...
Tags: jeans, textile products, Apparel
BASF will increase its production capacities for the chemical intermediate 1,4-butanediol (BDO) by 10 percent at its site in Geismar, Louisiana, as of 2016. The company will then have a global capacity of BDO of 670,000 metric tons per ...
Tags: customer demand, natural gas, Construction
Invista, one of the world’s largest integrated producers of fibres and polymers, co-sponsored the upcoming Kingpins Show in New York where it showcased its latest innovation, Lycra Beauty brand fabrics. Already used successfully in ...
Small distillers from across the UK are supporting the 'Drop the Duty!' campaign, which calls for a reduced duty on alcohol in order to facilitate the growth of the industry. This campaign is run by Scotch Whisky Association (SWA) Wine and ...
Tags: Whisky, alcohol duty, Agriculture