Originally a battery maker, Indian manufacturer Eveready is transiting into the LED lighting market recently with the aim of acquiring at least 10% market shares, according to a Business Standard report. According to the company Directing ...
Tags: LED Lighting Market, LED industry
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
Net sales at specialty retailer of casual apparel for young women and men Aeropostale dived 17 per cent year over year for the second fiscal quarter ended August 2, 2015. For the second quarter of fiscal 2016, net sales at the retailer ...
Tags: casual apparel, apparel
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
Non GAAP earnings per share at US apparel marketer PVH Corp which has brands like Tommy Hilfiger and Calvin Klein in its portfolio rose 11 per cent year over year for the second fiscal quarter ended August 2, 2015. Earnings per share on a ...
Tags: apparel marketer, Calvin Klein
The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
Affinia Group has inked a definitive merger pact to sell its global filtration operations to Germany-based Mann+Hummel, exclusive of its South America business. Though Mann + Hummel remained tightlipped about the terms, a regulatory ...
Tags: automobile manufacture, Affinia Group, comapny acquisition
For second-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $7.1m, down 51% on $14.5m a ...
Tags: Mobile Market, LED light, LED bulb
Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
Electric motors and motion subsystems firm Johnson Electric Holdings will purchase Stackpole International group of companies, an engine and transmission pumps powder metal components supplier for automotive sector in a deal valued at ...
Tags: Electric motors, motion subsystems
Seeka Kiwifruit Industries has agreed to acquire Australian company Bunbartha Fruit Packers in a A$22m($16.1m) deal. The acquisition covers Bunbartha Fruit Packers' kiwifruit and orcharding business and its associated entities including ...
Housewives compare prices every day, including Zhang Ming, a 60-year-old retired woman who frequents a supermarket in Beijing's Fengtai district. On Sunday morning, she spent 45 yuan ($7.30) on 1 kg of pork fillet. "It's amazing ...
Tags: Pork, vegetables
Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
Pharmaceutical packaging maker Gerresheimer is buying plastic vials and oral drug closures maker Centor US Holding for $725m, under an agreement signed with Nemera Development. The transaction, involving an all-cash acquisition that is ...