Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
The Radiation Curing Program (RCP) has announced that John J. Stancampiano is the first to earn an Advance Certificate in Radiation Curingfrom the State University of New York (SUNY). This certificate is a graduate-level online program ...
Tags: radiation curable inks, coatings
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Global marketer of everyday basic apparel HanesBrands said it has completed the acquisition of Knights Apparel, a leading seller of licensed collegiate logo apparel in the mass retail channel. Knights Apparel sells T-shirts, ...
Tags: Knights Apparel, Apparel, basic apparel
Tesla has introduced Model S 70D, an entry-level all-wheel drive electric car, which is more expensive than its current starter vehicle. The car will have a starting price of $75,000 and will feature 70KW battery which will facilitate ...
Tags: Tesla Model S, electric car
Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
The Southern India Mills Association (SIMA) has appealed union minister of state for textiles Santosh Kumar Gangwar to direct Cotton Corporation of India (CCI) to immediately commence selling of cotton by e-auction directly to the actual ...
Tags: good quality cotton, Cotton
Net loss widened steeply by 63.15 per cent at US apparel marketer Perry Ellis International for the 2015 fiscal ended January 31, 2015. On a GAAP basis, net loss for fiscal 2015 was $37.2 million, or $2.50 per diluted share compared to ...
Tags: GAAP basis, sportswear collection, Apparel
Exporters from select labour intensive sectors will be able to access cheaper credit soon as the government prepares to reintroduce an interest subvention scheme in the next couple of months, according to media reports. “The ...
Tags: select labour intensive sectors, interest subvention scheme, Textile
The State University of New York is offering three in-depth, 500-level three-credit graduate courses in Radiation Curing this summer. Participants taking all three courses for credit are eligible for an Advanced Certificate in Radiation ...
Tags: Program, Construction, graduate courses
Dutch bottler of soft drinks and juices Refresco Gerber BV has raised $597m (€548m) through initial public offering on Amsterdam stock exchange. This is its third IPO this year, reported Bloomberg. Refresco sold 37.8 million ...
Tags: juices, facilities, Food
As rumoured earlier this month, Apple has officially expanded its Reuse and Recycle program to include handsets running Android, BlackBerry and Windows devices.Previously the firm had only accepted iOS devices to encourage upgrades to the ...
Tags: Apple, iOS devices
Net sales for the fourth quarter ended December 31, 2014 at NYSE listed clothing distributor and retailer, American Apparel, Inc were down 9 per cent year over year. Net sales for the fourth quarter of 2014 declined 9 per cent from the ...
Tags: American Apparel, clothing
The Annual Conference of the Boao Forum for Asia held its first discussion session on Thursday afternoon. For the first time, issues of China's inclusive approach to international finance and rural banking were high on the official ...
Tags: Rural Banking, Boao's Agenda