The sportswear and casualwear company Perry Ellis International (PEI) has entered into a license agreement with the New York City-based lingerie specialist Undergirl granting rights to design and distribute intimatewear under the ...
Tags: innerwear collection, Apparel
EasyPak, a packaging thermoformer, plans to expand its facility in Massachusetts, US, with a total investment of about $7.5m. Out of the total investment, EasyPak plans to spend $2m on facility expansion. The remaining $5.5m will be spent ...
Chinese President Xi Jinping. Australian exporters are set to benefit from an historic trade agreement signed between Australia and its largest trading partner, China. This deal, which took nine years of negotiation, represents a victory ...
Tags: PTA, Australian exporters, agriculture
French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
Wisconsin-based Baker Cheese Factory is expanding its St. Cloud cheese production facility by investing $7m in equipment for its modernisation. Baker Cheese also proposes to invest in new waste water treatment plant to assist its whey ...
Israeli dairy processor Tnuva is looking at the possibilities of exporting cheese to Russia, with a hope to fill in the gap created due to the one-year ban on food imports from Europe and the US. In 2013, Russia imported 250,000 tons of ...
Tags: Israeli dairy processor, exporting cheese, Agriculture
Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
Darling Ingredients, a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, ...
India-based freeze dried food firm Saraf Foods has announced plans to expand its production capacity by 50%, in a move to cater to the increasing consumer demand for ready-to-eat foods. As part of the expansion, the company plans to ...
Tags: freeze dried food firm, ready-to-eat foods, Agriculture
NYSE-listed LyondellBasell Industries said it posted second consecutive quarter of record earnings, while its EBITDA crossed $2 billion for the first time in the third quarter of 2014. Earnings from continuing operations for the third ...
Tags: chemicals producer, ethylene market, Textile
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
SuperGroup Plc, a multi-channel branded UK fashion retailer offering quality clothing, has announced the appointment of Euan Sutherland as the new CEO of the company. Euan Sutherland, currently a non-executive director of SuperGroup, will ...
Apparel retailer and NYSE listed, Kate Spade & Company reported a surge of 30% in fiscal third quarter ending October 4, 2014 revenues, from a year ago quarter. Kate Spade said net sales from continuing operations for the third quarter of ...
Tags: net sales, Apparel retailer
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014. In a bid to ...
Tags: clothing retailer, omni-channel, Apparel