Automobile major Fiat Chrysler Automobiles (FCA) is on the verge of taking a final call on whether to divest its auto parts wing Magneti Marelli in the face of potential buyers expressing interest. Two private equity funds based out of ...
Tags: automobile manufacture, auto parts, FCA
Smartphone-use lens module maker Largan Precision recorded net EPS of NT$68.82 (US$2.23) for the first half of 2015, the company said at a July 16 investors conference. Of smartphone-use lens modules shipped in the second quarter, ...
Tags: Smartphone, lens module
Coats Group, the world’s leading industrial thread and consumer textile crafts business, is launching a fusible thread which helps secure buttons and also other decorative applications such as sequins and beads. Named Secura, the ...
Tags: textile manufacture, Coats Group, thread, textile crafts
US-based consumer products firm Jarden is inching towards sealing a $1.35bn deal for acquiring disposable plastic cups, plates and cutlery maker Waddington Group. Jarden, which has outshone bidders in the last few days, reached an ...
Tags: consumer products, plastic cups, plastic plates, plates bags
Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
Global e-commerce sales made via mobile devices are expected to cross $638 billion by 2018, according to a joint study by ASSOCHAM and Deloitte. In a statement, ASSOCHAM said the availability of e-commerce applications on various devices ...
Group revenues climbed 12.9 per cent year over year at UK apparel marketer SuperGroup Plc for the fiscal ended April 25, 2015. According to a press release, Group revenue was up 12.9 per cent to £486.6 million in fiscal 2015 over ...
Belgium based women’s lingerie retailer Van de Velde reported a 6.0 per cent year over year sales hike in the first half of 2015 ended June 30, 2015. An interim report informed that its turnover rose 6.0 per cent from €107.0 ...
Bhilwara based textile major Sangam (India) has launched women’s branded apparel category under the name of ‘Channel Nine’. Through this initiative, Sangam which has been supplying fabrics to garments manufacturers, has ...
According to a new forecast report by Ovum, FTTx optics will reach a new record level in 2015, following a record-breaking 2014. The report forecasts that FTTx optical components revenue will exceed $1bn this year, up almost 5% from $953m ...
Pennsylvania governor Tom Wolf has rejected a bill to privatize the sale of alcohol, which may result in closure of around 500 liquor stores in the state. The house bill 466 has been vetoed by the governor to reform state liquor system ...
Dawn Meats has received approval for the proposed acquisition of a 49% stake in French beef and veal processor Elivia from the EU Competition Commission. Upon completion of the deal, Dawn Meats will have an option to increase its ...
US-based Niagara Bottling has chosen a site at Seguin in Texas to construct its new water bottling factory. Construction of the 557,000 ft2 facility is scheduled to commence in near future and be completed by early 2016. The factory ...
Tags: Niagara Bottling, water bottling
Adidas, which had earlier this year announced its 2020 strategic business plan, has now unveiled an additional business plan for three of its key categories, namely, Football, Running and Originals. Within this new framework, each of the ...
Tags: Adidas, Football, Running and Originals products, footwear