Denim jeans marketer, Levi Strauss & Co., will shed 500 jobs, primarily from signing a five-year strategic agreement with Wipro Limited, to outsource certain global business services. This decision comes in the new phase of its global ...
Cambodia’s Labour Minister Ith Sam Heng has announced the new minimum wage of US$ 128 per month, after the ministry’s 28-member Labour Advisory Committee (LAC)—made up of government, union and factory ...
Tags: new minimum wage, Apparel
Nexen Tire America Inc. chose the first day of the SEMA (Specialty Equipment Market Association) Show in Las Vegas to launch its associate dealer program: Next Level. The program was designed to create loyalty between dealers and ...
Tags: Nexen Tire, 2014 SEMA Show, Tire
Sportsman's Warehouse Holdings, Inc. reported net sales increased by 2.3 percent to $159.5 million from $155.9 million in the second quarter and 13 weeks ended Aug. 2, compared with the second quarter of fiscal 2013. Same store sales ...
Tags: Sportsman's Warehouse, IPO
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
This September Scotland will vote on whether to leave the UK or not. But how might the outcome affect the country's retailers? By the end of this summer, a question will be asked of Scotland with the potential to change the UK as it is ...
Tags: Toy Industry, Independence
Samsung Electro-Mechanics announced on July 29 that it reported an operating profit of 8.5 trillion won (US$8.3 billion) in the second quarter of this year, a year-year decrease of 90.5 percent. The company turned over 1.8607 trillion won ...
Tags: SEMCO, Electrical, Electronics
Two medical device sales representatives have admitted to defrauding New Jersey hospitals and medical facilities out of more than $800,000, U.S. Attorney Paul J. Fishman announced this week. The two former Integra LifeSciences Corp. ...
G. Willi-Food International Ltd. (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its financial results for the fiscal year ...
Tags: G.Willi-Food, kosher foods
L.L.Bean announced a positive close to its 2013 fiscal year. On the basis of the business performance for 2013, the company announced its intent to pay 8% performance bonuses to approximately 5,000 full and part-time employees. ...
Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. , and Hasbro, Inc. (NASDAQ: HAS) today announced TRANSFORMERS®: RISE OF THE DARK SPARK®, a video game complement to Paramount Pictures' upcoming ...
Tags: Transformers, The Dark Spark
In their first results of the heralded program -- which was set up in the health law -- federal officials say about half of the accountable care organizations slowed spending but few met the requirements to qualify for bonuses. Kaiser ...
Tags: Healthcare Delivery Reforms, reduce healthcare costs, Medicare
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2013 of $331.7m, down 36% on 2012's $516m, with all of the firm's businesses experiencing down cycles. LED & ...
Tags: Veeco MOCVD MBE ALD, Epitaxial deposition, process equipment, Electrical
Longstanding Myer CEO and managing director Bernie Brookes has put pen to paper on a new, open-ended contract worth $2 million per annum, plus performance based cash and equity bonuses. At the same time, the experienced retail head as ...
Tags: Consumer Electronics, Myer
From Monday 10 February, there is one Heavy Vehicle National Law regulating trucks, buses and other heavy vehicles across most of Australia, with the aim of 'boosting efficiency and productivity in the transport industry.' Under the new ...