US-based Chiquita Brands International has confirmed that it has received an unsolicited offer from Cutrale Group and Safra Group to acquire all of the outstanding common stock of the company at a price of $13 per share in cash. The offer ...
Groupon Indonesia, a subsidiary of US-based e-commerce website Groupon, has increased its focus on apparel by launching a special page that offers around 200 apparel and fashion items. The company took the decision to launch a special ...
Tags: Groupon Indonesia, Apparel, Accessories
Over the last ten-and-a-half weeks relentless spec and trade selling has pushed the December contract nearly 1700 points lower and it still remains to be seen where this decline ultimately leads to. From a technical perspective we are now ...
Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Jinling Huntsman will use the gases ...
Russian steelmaker Severstal has announced that its wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical ...
Tags: Severstal, agreement, Metallurgy, Mineral
Mecox Lane Limited, a multi-brand and multi-channel retailer in China, announced that its board of directors has approved a spin-off of the Company's apparel and accessories business through the sale of Mixblu Limited and its subsidiaries ...
Tags: Mecox Lane, Accessories Business, Apparel
Saks Fifth Avenue OFF 5TH announced today that it plans to open a store in Eagan, Minnesota on Thursday, August 14th. The new Saks Fifth Avenue OFF 5TH store will offer an exceptional assortment of designer brands at value prices. ...
Tags: Saks, Fifth Avenue, Apparel
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials, fabrics, leather, technical textiles and composite materials, announces that Bosideng has adopted a Lectra cutting room offer, ...
Tags: Lectra, Cutting Room, Textile
Australia-based Rio Tinto, the world's second biggest iron ore producer, has announced that it has reached an agreement to sell its coal business in Mozambique, which comprises the Benga coal mine and other projects in Tete province, to ...
Tags: Rio Tinto, agreemengt, Coal Business
US-based ScriptPro has signed distribution and co-marketing agreement with packaging solutions provider TCGRx for adherence packaging technologies. As part of the deal, ScriptPro will provide TCGRx's adherence packaging technologies to ...
Henkel India has selected Spain-based Comexi Group as partner for the first professional training academy (and demo center) for flexible packaging in Mumbai, India. The academy is being built to develop flexible packaging in India, Middle ...
Taiwan's machine-tool makers are rushing to keep up with market trends and address the issues of labor cost, production efficiency, and quality by introducing machines that are ever-more automatic, intelligent, and efficient. Already the ...
Supermarkets chain in the UK Morrisons has announced the signing of a new pledge under which it will not produce or sell any carbonated product with more than four alcohol units in a single-serve can. According to the retailer, the ...
Tags: Supermarkets Chain, Pledge, Packaging
Brazil steelmaker Gerdau has welcomed the idea of a regional bank that could connect the BRIC (Brazil, Russia, India, China) nations, an executive told reporters recently. According to Gerdau’s CEO, Jorge Gerdau Johanpeter, the ...
Tags: Brazil, Gerdau, Metallurgy, Mineral
In the face of an economy on a slow rebound and shifts in consumer behaviors, the winners among retailers since the Great Recession are those that are adapting their business models and keeping their brands relevant and their value ...
Tags: Retailers, Apparel, Accessories