The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...
Tags: Sysco Corp, US Foods, Merger Date
US apparel marketer Gap Inc said it has been honoured for the ninth consecutive year by the Ethisphere Institute in recognition of fostering a culture of ethics and transparency at every level of the company. According to a Gap press ...
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
Respondents to survey reported a 14 per cent hike to 18,234 acres in US organic cotton acres planted in 2014 from 15,973 acres in 2013, representing the largest planted organic cotton acreage in almost 20 years. This happened, despite ...
Tags: Organic Cotton, Textile
The European Parliament has backed plans to create a new meat labeling regulation in processed foods. The new law, when put into force, will require food producers to mention the country of origin of meat used as an ingredient in ...
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
Fisher Textiles has launched a new range of fabrics for yoga pants, ET 3000 Yoga, made with Repreve recycled yarns, which are produced from recycled plastic bottles. “With a soft hand and adequate stretch, it makes an excellent ...
Tags: Recycled Fibre, Yoga Pants
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Healthy lifestyles, “clean” ingredients, at-home gourmands, value consciousness and e-commerce speciality products are set to be key food and drink trends for 2015, according to market research organisation Mintel. It’s ...
Tags: Key Trends, Food, Drinks
The huge meat market in the US is projected to grow steadily over the next years, driven by the increasing popularity of private label and frozen meat products. However, new brands must establish themselves as being trustworthy and ...
Tags: Meat Market, meat products
The dolls now make up roughly 15 per cent of all toy sales in Nigeria, according to its creator. An independent doll line has taken off in Nigeria, making up 10 to 15 per cent of the country's toy sales. Taofick Okoya created the Queens ...
Today more than ever it is vital for retailers to create a pleasant and unique shopping experience for consumers. Consumers want to be “wowed” when they are walking through a store by both the products you are selling and the ...
Tags: shopping experience, Construction
Samsung Electro-Mechanics has named Rutronik as its 2014 “Best Distributor of the Year” citing the greatest year-on-year increase in sales throughout Europe. Rutronik has been in a sales partnership with Samsung ...
Tags: Disti Network, Electrical
Real estate investment trust company W. P. Carey has acquired a 73 automotive retail facilities located throughout the UK, net leased to Pendragon for $355m. In total the 73 properties measures around 1.6 million square foot, which is ...
Tags: motor vehicles, luxury vehicles, commercial vans, Auto
Closely-held Outdoor Tech has engaged Wunderlich Securities of Newport Beach, CA for financial and strategic advisory services to help support the company’s current and future growth. Based in Lost Angeles in 2010, Outdoor Tech ...