UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...
Tags: fresh liquid milk, Dairy Crest, Agriculture
Nestle plans to strengthen its presence in India in diverse segments such as health and nutrition. Spotting the tremendous opportunities that Indian market offers, the company that sells brands such as Maggi and Kit Kat is keen to invest ...
Tags: Nestle, nutrition, Agriculture
Ezaki Glico, Japanese snacks maker, is aiming to make its Pocky biscuit into a RM3.34 bn (US$1 bn) brand. The company with 92-year history is planning to grow overseas by promoting its stick-shaped, chocolate-coated Pocky pretzels in ...
Tags: Pocky pretzels, snacks maker
Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
Fanzz, one of the largest licensed sports apparel and merchandise providers in the Western United States, has chosen Microsoft Dynamics AX 2012 for retail, by Junction Solutions, a leading provider of vertical market-specific on-premise and ...
Tags: Microsoft Dynamics AX, retail POS, Textile
“Gulf Cooperation Council (GCC) chemical and petrochemical producers have reduced energy consumption per ton by 8% over the last two years through technical renovations,” says a sustainability report. According to the Gulf ...
NASDAQ-listed and US based online retailer – eBay said in the third quarter ended September 30, 2014, its revenue rose 12% from a year earlier quarter. Global commerce platform and payments leader eBay reported third quarter of 2014 ...
Tags: online retailer, revenue growth, Apparel
SoftBank Internet and Media Inc., one of the leading providers of comprehensive range of mobile communications, fixed-line communications, and Internet services around the world, is set to invest US$ 627 million in Snapdeal, one of the ...
Tags: Softbank Group, digital future, Apparel
Exquisite Spring/Summer 2015 collections right from the runways of the just wrapped up Wills India Fashion Week (WIFW) are now available for purchase on the Indian online shopping portal Exclusively.in. The Designs, created by the likes ...
Tags: Spring/Summer 2015 collections, online shopping portal, Apparel
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
Future Group, a leading Indian multi-format retailer, has chosen dunnhumby, one of the leading global providers of social marketing and advocacy experts, merchandising analytics software, and advertising technology, as its customer science ...
Tags: social marketing, dunnhumby, Apparel
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Indian online retailers may soon come under the surveillance of the Consumer Protection Law, following complaints for alleged unfair business practices, according to a cabinet proposal put forward by the consumer affairs department, ...
Tags: Consumer Protection Law, Consumer Protection Authority, Apparel