Zaheed Mawani was promoted from director of Investor Relations to vice president, Finance Planning, Analysis and Investor Relations. Advance Auto Parts Inc. announced the promotion of Zaheed Mawani to vice president, Finance Planning, ...
Tags: Zaheed Mawani, Vice President, Auto Parts
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Skechers USA Inc. plans to expand its European Distribution Centre (EDC) in Belgium by an additional 25,000 square meters to make the facility the largest company-operated DC in the Walloon Region at a total size of 70,000 square meters. ...
Tags: Skechers, Distribution, Sporting Goods
Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
AXT Inc of Fremont, CA, USA, which makes gallium arsenide, indium phosphide and germanium substrate and raw materials, has appointed Gary L. Fischer as vice president & chief financial officer, responsible for the firm’s global ...
Tags: AXT, Electrical, Electronics
For its fiscal third-quarter 2014 (to end-June), Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and solar power markets, has reported revenue of $44.6m, up 5.5% on ...
Tags: Emcore, Electrical, Electronics
For full-year fiscal 2014 (ended 29 June), Cree Inc of Durham, NC, USA has reported record revenue of $1.65bn, up 19% on fiscal 2013’s $1.39bn. Fiscal Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Revenue $375m $391m $415.1m $405.3m ...
Tags: Cree LED, Electrical, Electronics
Dollar General Corporation announced the appointment of Paula A. Price, Senior Lecturer at Harvard Business School, to its board of directors effective August 26, 2014. "We are delighted to welcome Paula to the Dollar General board of ...
Tags: Dollar, Apparel, Accessories
Medtech giant Medtronic apparently hasn't slowed down on its appetite for using Apple technology internally—even as the iconic tech company is signaling its interest to compete more actively in the healthcare market. Fridley, ...
CR Bard execs know they have a gorilla of a competitor in the proposed $43 billion Medtronic acquisition of Covidien, particularly in the vascular business. They aren’t predicting the effects of that business combination on Bard, ...
Tags: CR Bard Eyes, Health, Medicine
Woolworths Holdings Limited announced a number of senior management changes in Australia that follow the completion of WHL’s acquisition of David Jones Ltd (“David Jones”) and its buy out of the minority interests in ...
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BASF's business developed positively in the second quarter of 2014. At €18.5 billion, sales rose by 1% compared with the same period of the previous year. "This was largely the result of higher sales volumes in our chemicals business, ...
Tags: BASF, Increase, Decoration
PolyOne Corporation today reported its second quarter results. As expected and to drive earnings growth, the company continued to exit certain unprofitable products associated with the Spartech acquisition completed in March of last year. ...
Tags: PolyOne, Results, Decoration
Arvind Limited, one of the largest integrated textile and branded apparel players has recorded strong growth in consolidated revenue and net profits in the first quarter for fiscal year ending June 30, 2014 which grew by 19% and net profits ...
Ascena Retail Group, Inc. announced that it has initiated a search process for a new Chief Financial Officer and that Dirk Montgomery, Executive Vice President and Chief Financial Officer since January of 2013, has accepted a position with ...
Tags: Ascena, Apparel, Accessories