Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Clare Rayner, founder of the Future High Street Summit, believes retailers need to start catering to a digital savvy audience, whether through stocking innovative products or boosting the in-store experience with tech. Toy stores need to ...
Tags: Toy Stores, social media, Toys
Smurfit Kappa has opened a new experience centre in Konin, Poland, eight of its kind in Europe. Each experience centre is meant to provide a range of accessible solutions and services to its customers including how to use packaging ...
Tags: Kappa, experience centre, Packaging
Automotive and industrial component maker ITT has planned to invest $20m in its plant in Wuxi, Jiangsu Province of China for the expansion of braking technology production. According to the company, the recent investment has brought the ...
Tags: ITT, manufacturers, Auto Parts
Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
These earrings, made in 14-karat rose gold and set with diamonds, are part of the “Petal” family of design in Swarovski’s new line of fine jewelry, launching in independent jewelry retailers and the brand’s ...
Tags: Swarovski, Fine Jewelry
Martin Allen, MD of Airsprung Group's headboard division, Swanglen, is set to retire at the end of March. Martin joined Swanglen as operations director 23 years ago and in that time has been responsible for the complete overhaul and ...
Tags: Swanglen, Retirement, Furniture
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
Paytm, India’s leading online marketplace, is set to help local Gujarat handloom and handicraft artisans to sell their products via its ecommerce platform and grow their business globally. Paytm will showcase Gujarat State Handloom ...
Tags: Paytm, online marketplace, handloom, handicraft
Frutarom Industries has acquired Belgian flavours company Taiga International in a $ 2.9m deal. Taiga currently offers flavours for the food, beverages and tobacco industries, including the leading chocolate manufacturers. The company ...
Tags: tobacco, Frutarom Group, Food
England based Wrights Food has decided to invest £6m in its new confectionery factory in Weston Road, enhancing company’s production capacity in the country. The new 40,000 sq ft facility is now fully operational and ...
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
Tong Hsing Electronic Industries, which provides assembly and test services for niche ICs and produces ceramic substrates for the manufacture of LEDs, expects its capex for 2015 to exceed NT$1.5 billion (US$47.8 million). The capex will be ...
Miles Roberts chief executive of DS Smith said: “Peter McGuinness has overseen a great period of growth for the company, including the consolidation of SCA Packaging. He will continue to play an important role within DS Smith. ...
Tags: Jim Malone, DS Smith
SunOpta has signed a definitive agreement to acquire Citrusource, a move that will expand the company's healthy beverages range. The acquisition is in line with the company's core integrated two-touch strategy and leverages the vertically ...
Tags: SunOpta, Organic Juice