Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
Huami Co Ltd expects sales of its Xiaomi Mi Bands will reach 10 million in the third quarter, making it the largest maker of wearable fitness devices in the world. Launched last year, the Mi Band monitors fitness levels and tracks sleep ...
Tags: Wearable Devices, Fitness Devices
The Volkswagen Passenger Cars brand delivered 2.48 (January-May 2014: 2.55; -3.0 percent) million vehicles from January to May this year. 499,500 (May 2014: 531,100; -5.9 percent) vehicles were handed over to customers in May. Commenting ...
US global supplier of paints PPG Industries has inked a pact with specialty powder and liquid coatings manufacturer IVC Industrial Coatings for its acquisition in a bid to expand its market and boost supply positions. Indiana-based IVC, ...
Johnson Controls, announced today that it is exploring strategic options for the separation of its automotive business. Alex Molinaroli, chairman and chief executive officer, Johnson Controls said: "Today's announcement continues our ...
Tags: Automotive Business, Johnson
Destination Maternity Corporation, the world's leading maternity apparel retailer reported a marginal dip in net sales for the first quarter ended May 2, 2015. Net sales for the first quarter of fiscal 2016 were $141.6 million compared ...
According to the International Textile Machinery Federation (ITMF), shipments in most of the textile machinery segments experienced declines in 2014. Deliveries of new short-staple spindles in 2014 fell by 15 per cent as against 2014, ...
Tags: Textile Machinery, Textile
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
The Mafatlal brand of Mafatlal Industries has been awarded India’s No.1 Brand in 2014 under India’s Best Textile Company category by the No.1 Brand Awards Council. The award was presented recently at a ceremony in Mumbai. ...
India's e-commerce sector would grow at a rate of 10-15 per cent annually, higher than the GDP growth rate, in coming years, minister of state for finance Jayant Sinha said in New Delhi, the media has reported. The minister also said that ...
Tags: E-Commerce
Over the past 10 years, visible light-emitting diodes (LEDs) have been adopted widely in many different applications, as prices have fallen and new technologies have been developed to make full use of them. The infrared LED market is now ...
Tags: LED, Electrical, Electronics, IR LED, LED market
Women are playing a part as important as their male peers in driving the growth of e-commerce in China, a report said on Thursday. As of last year, women were running more than half of the shops on Taobao and Tmall, the two largest online ...
Tags: Online Economy, e-commerce
The U.S. Department of Energy (DOE) has published the 2015 edition of the Solid-State Lighting (SSL) R&D Plan. A consolidation of DOE's SSL Multi-Year Program Plan and SSL Manufacturing R&D Roadmap of previous years, the new R&D Plan was ...
Wholesale prices fall from the boom years as oversupply hits the industry Tumbling prices have left the traditional Chinese medicine industry in poor health. Finding the cure will not be easy. Oversupply, poor planning and increased ...
Skechers USA, Inc. named 2015 Mainstream Women's Footwear Brand of the Year at The Drapers Footwear Awards. This achievement follows a year when Skechers won multiple top industry awards in the United Kingdom, including Footwear Brand of ...
Tags: Footwear