FUJITEC plans to increase its capacity by 25% before 2015 by building new parts plants. Mitsubishi Electric also plans to increase its capacity by 20% before 2020. China, as a huge market for global elevator manufacturers, has half of the ...
Tags: Elevator, Mitsubishi Electric
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
The Secretary, Ministry of Textiles, Government of India, SK Panda recently visited Gurgaon’s leading fashion institute, the Institute of Apparel Management (IAM). During his visit, Panda actively interacted with the faculty and ...
Tags: Fashion School, institute, Apparel
American food processing company Archer Daniels Midland Company (ADM) is planning to set up a new information technology and support centre in Erlanger, Kentucky, in a move to expand IT support and infrastructure. Expected to be opened ...
Tags: IT support, infrastructure, Agriculture
Mid-market pan-European investor Aurelius has acquired Europe's leading ethical plastic bottle recycler Eco Plastics for an undisclosed amount. With this investment, Aurelius will supply its highly specialised operational improvement ...
Tags: Plastic Bottle, Eco Plastics, Agriculture
Microsoft is working on a number of new gestures for Windows Phone OS, and has released a new app to start testing them. The new gestures will allow users to interact with their phones without even having to touch the display. The first ...
Tags: Microsoft, Consumer Electronics
The 41th International Fair of Furniture, Household and Social Building Equipment, manufacturing Suppliers and Furniture Industry Machinery- Mebel 2015, will be held within February 18 to February 21, 2015. Interior Mebel, the ...
FAM Brands said its newest licensee, Sakar International Inc. plans to debut a collection of Bally Total Fitness wearable technology, fitness monitoring and electronic accessory products at the Consumer Electronics Show in early January. ...
Tags: Fitness Trackers, Sporting Goods
Industrial Revolution, manufacturer and distributor of essential and reliable outdoor accessories from brands such as UCO, Morakniv, Esbit, and Light My Fire, has hired Anita Rodgers as vice president of finance. “Five years of ...
Tags: outdoor industry, Sporting Goods
Glanbia Ingredients Ireland (GII) is planning to open a new milk protein facility on its existing site in Virginia, County Cavan, Ireland on 15 December 2014. The new facility will process milk from neighbouring counties, on both sides ...
Tags: Glanbia Ingredients, Milk Protein
Tesla has started selling its plug-in electric vehicle, Model S to its customers in Australia. Apart from unveiling the car, the company also opened its first Sydney retail store and inaugurated 10-station supercharging station for users ...
American food processing company Archer Daniels Midland Company (ADM) is planning to set up a new information technology and support centre in Erlanger, Kentucky, in a move to expand IT support and infrastructure. Expected to be opened ...
Tags: food processing, IT support
Sports Direct International Plc reported group revenue rose 6.5 percent to .43 billion in the 26 weeks ended Oct. 26. The UK-based retailer, which has been acquiring retailers across Europe, reported revenues at its Sports Retail division ...
Tags: Premium Lifestyle, Sporting Goods
According to the data from US Commerce Department, US retail sales keeps growing in November due to the rebound of auto sales in the US. The data says that US retail sales increases 0.7% to $44.93 billion. The growth rate of retail sales ...
Tags: Retail Sales, Auto Parts
Altamont Capital Partners is leading a majority recapitalization of Fox Head, Inc. the number one global motocross equipment, apparel and accessory brand. The current owners of the business, the founding Fox family, will continue to own a ...