Polyethylene films manufacturer BP Plastics is increasing production capacity at its plant in Batu Pahat, Malaysia, in a bid to increase exports. The company invested MYR13.5m ($3.12m) in a new cast stretch film machine from Austria amid ...
Tags: BP Plastics, Film Production
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Counterfeiting of sports equipment, such as soccer balls, helmets, golf clubs, tennis rackets and skis, costs Europe's sporting goods industry €500 million a year, according to a study released Thursday by a branch of the European ...
Tags: sporting goods, OHIM, FESI
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
Hybrid packaging supplier Berlin Packaging has acquired rigid packaging supplier Vivid Packaging, which has its business networks spread across 25 states in the US as well as Canada and Mexico. With this, Berlin Packaging has completed ...
Tags: Hybrid packaging, Berlin Packaging, USCC
LED prices have declined far enough that this type of lighting is now the economical choice for almost every setting and use, and heavy attention is being paid to the ongoing energy savings the technology offers. With payback periods now ...
Tags: LED Lighting, LED Lamps
The Semiconductor Industry Association (SIA) has announced worldwide sales of semiconductors were US$27.9 billion for July 2015, a decrease of 0.9% from July 2014 when sales were US$28.1 billion. Global sales from July 2015 were 0.4% lower ...
Tags: Semiconductor Industry, Chip
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
Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
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
Food company Kellogg has expanded its product range with the introduction of new offerings just in time for fall this year. The new products include Frosted Mini-Wheats Pumpkin Spice cereal and Special K Apple Cinnamon Crunch cereal. ...
Stock Spirits total revenues declined to €108m during the six months ended 30 June 2015 from €137.7m over the same period last year. The spirits producer's performance is adversely affected by the ongoing market disruption in ...
Tags: vodka market, Spirits
Revenues for the three months to June 30, 2015 climbed 11.4 per cent over the three months to March 31, 2015 at Kordsa Global, a Turkish producer of industrial yarn and cord fabric. Kordsa Global's revenues amounted to TRY 869 million in ...
Tags: industrial yarn, fabric
Every 30 seconds, global e-commerce industry generates over $1.2 million revenue with Facebook, Pinterest and Twitter contributing $5,483, $4,504 and $4,308 respectively, according to an ASSOCHAM-Deloitte joint study. The study found that ...
Jiangxi Jiangzhong Pharmaceutical, one of China's major traditional Chinese medicine (TCM) makers, saw its net profit soar 45.2 percent year on year in the first half of 2015. Net profit attributable to the company's shareholders stood at ...