Lower capacity utilisation drove down operating earnings by 23 per cent year over year at the fibre division of Eastman Chemical in the first quarter ended March 31, 2015. “First quarter of 2015 operating earnings dived to $90 ...
Big 5 Sporting Goods Corporation reported sales during the first quarter increased to $243.6 million from net sales of $231.3 million for the first quarter of fiscal 2014. Same store sales increased 3.9 percent for the first quarter of ...
Axalta Coating Systems has begun construction on a new Asia-Pacific R&D and Technology Center. The new facility, which has been approved by Axalta’s Board of Directors, will be located in Shanghai’s Minhang Industrial ...
Tags: Axalta, Coating Systems
Cherokee Global Brands, a marketer of lifestyle brands said it has entered into a new license agreement with Sears Canada Inc. effective May 3, 2015. The multi-year agreement covers a wide range of Cherokee family lifestyle categories ...
Tags: Sears Canada, Cherokee, Apparel
The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
Last week, Faerch Plast announced its arrival in Australia. This week it has announced its acquisition of Anson, a manufacturer of thermoformed packaging solutions. The acquisition takes place just a year after private equity fund EQT VI, ...
Tags: Faerch Plast, Packaging
Cabela’s Incorporated reported total revenue increased 14.0 percent to $827.1 million in the first quarter ended March 28 due primarily to the opening of new stores and associated growth at its credit card business. Cabela's Retail ...
Tags: Cabela, Sporting Goods
Central Indiana-based small-batch artisan distiller Hotel Tango will be using Owens-Illinois’s (O-I) new Forte bottle for packaging its military-inspired spirits. The bottles are a part of O-I's Covet Classics collection of luxury ...
Tags: Hotel Tango, O-I Forte Bottles
BEHR Interior Paint has been ranked highest in customer satisfaction, according to the J.D. Power 2015 Paint Satisfaction Study. The study found that BEHR interior paint ranked higher than all other interior paint brands and performs ...
Tags: BEHR Interior Paint, J.D.Power
European packaging company Faerch Plast has acquired Cambridgeshire-based Anson Packaging that specialises in producing thermoformed packaging solutions for the UK market. Although the details of the transaction were not revealed, ...
Tags: packaging company, Faerch Plast, Packaging
At the ShanghaiTex exhibition, Italian yarn finishing technology producer Savio will exhibit a Polar 12 winding unit machine especially useful for the dyeing process and finer counts. According to a Savio press release, six units will ...
Tags: Polar Winding Machine, Textile
Africa’s Ackermans, fashion retailer and part of the Pepkor Group of companies, has selected Centric 8 product lifecycle management (PLM) software. Renee Jain, supply chain systems manager of Ackermans said that the value fashion ...
Tags: African Fashion, Ackermans
Installed at its Pudahuel production facility, both machines are producing lightweight PCO 1881 screw caps for the second-largest Coca-Cola bottler in Chile, helping to cut carbon emissions across the value chain and reduce carbon footprint ...
UK eCommerce business leaders are turning their attention to high-growth consumer markets in the US, China and India, according to a new report commissioned by business process outsourcing provider (BPO) arvato and World Business Research ...
Coach USA is preparing to trail GreenRoad system on its subsidiary Megabus.com’s fleet of 2,400 buses across the US, targeting a 3% reduction in fuel consumption. The plan to install the eco-driving system on buses in the US ...
Tags: Coach USA, GreenRoad system, US Bus Fleet