Jarden Corporation reported operating earnings at its sporting goods segment plunged 82.4 percent last year due primarily to impairment charges it took in its winter sports business in the fourth quarter ahead of its acquisition by Newell ...
Tags: Jarden Corp., Acquisition, Sports Assets
VF Corp. announced that it is exploring strategic alternatives for its Licensed Sports Group (LSG) business, a division of VF’s Imagewear coalition. “As active portfolio managers, we constantly assess the composition of our ...
Tags: VF Corp., LSG, business, Strategic Alternatives
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
New Global Energy, a public company focused on aqua-farming, agriculture, and health & wellness, has announced that its tilapia season is in full swing and on schedule for increased revenues. At Aqua Farming Tech, NGE's wholly owned ...
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
Energized by demand from hybrid and electric vehicles, power supplies and photovoltaic (PV) inverters, the emerging global market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors will rise from just $210m in 2015 to ...
Tags: Semiconductor Market, GaN, SiC
Genuine Parts Company has announced that is has completed one automotive acquisition and two industrial acquisitions, effective March 1, 2016. GPC Asia Pacific, the Company's wholly-owned automotive distribution company based in ...
Tags: automotive, Motion Industries
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
The worldwide Ethernet switch market (Layer 2/3) exceeded US$6.4 billion in revenues in the fourth quarter of 2015, an increase of 3.2% on year and a healthy increase of 5.1% on quarter. For full-year 2015, the market increased 1.9% over ...
Tags: Ethernet Switch, Router
Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported full-year revenue for 2015 of €197.8m, up 2% on 2014's €193.8m. Contrary to expectations, San'an Optoelectronics Co Ltd (China's largest ...
The worldwide wearable device market took a big step forward in the fourth quarter of 2015, fueled by the growing popularity of fitness trackers and the Apple Watch. According to the IDC Worldwide Quarterly Wearable Device Tracker, vendors ...
Tags: Wearable Market, Wearable Device
US-based confectionery company Hershey Company is launching egg-based sweet treats and recipes, in time for Easter holidays. The company will introduce a range of new sweets and creative activities, crafts and recipes. The festive candies ...
Tags: Egg-Based Treats, Hershey