In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
IC packaging material and tool distributor Niching Industrial has posted net profits of NT$61.37 million (US$1.96 million) in 2014, up 116% on year and hitting a 3-year high. The earnings translated into a net EPS of NT$1.57. Niching ...
Net revenue at yoga inspired athletic apparel company; Lululemon Athletica drove up 13 per cent year over year in year ended February 1, 2015. In a press release, Lululemon Athletica said that in fiscal 2014, net revenue surged 13 per ...
British spirits maker Diageo expects Asia to drive sales growth of its products by 50%, inspite of the fluctuations in its Asia unit. Diageo CEO Ivan Menezes told BBC that the basics in the Asian region are still strong. For instance, the ...
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
Shunfeng International Clean Energy Limited (SFCE) announced that it has signed an MOU with Lattice Power to acquire a 51% ownership stake in the company. SFCE's successful bid in Lattice Power is a milestone for the listed company as it ...
Tags: SFCE, Lattice Power, Lights
The Finish Line reported earnings declined 5.4 percent to $40.4 million, or 87 cents in its fourth quarter ended Feb. 28, but adjusted earnings topped Wall Street's consensus target. Sales improved 6.3 percent to $551.3 million with comps ...
Tags: Balance Sheet, Wall Street, Sporting Goods
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
ConAgra Foods has posted a higher-than-expected profit for the third quarter of fiscal 2015 and raised its full-year earnings forecast.The company's Consumer Foods Segment reported sales of about $1.8bn and operating profit of $274m. ...
Tags: Conagra Foods, Profit, Brands
Denmark’s meat processing company Danish Crown and meat marketer Westfleisch are set to form a joint venture aimed at deboning and sales of sow meat. Both the companies will have an equal share in the new venture called ...
Preliminary figures released by Austria based producer of specialty viscose fibres indicate that its consolidated sales declined marginally in 2014 from 2013. Consolidated revenues of the Lenzing Group slipped slightly to €1.86 ...
Tags: Lenzing, viscose fibres, Textile
Fabric and garment exports from the Southeast Asian nation of Vietnam grew at nearly 12 per cent year-on-year to US$ 3.249 billion in the first two months of 2015, according to the preliminary data released by the customs IT & statistics ...
Tags: Fabric Exports, Garment Exports
Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel