Gerber Scientific Inc., a world leader in integrated solutions for the apparel and industrial markets, has appointed John Capasso as the new chief financial officer (CFO). Capasso was most recently CFO of Varel International Energy ...
Tags: information technology, tax, investor relations, Textile
Under the agreement that signed in the Swiss ski resort of Davos, China gives Switzerland an 8-billion-US-dollar investment quota under its Qualified Foreign Institutional Investor program, and the two sides plan to open a Chinese bank in ...
Tags: Financial System, banks
Halfords Group plc reported same-store sales by its Cycling and Travel Solutions stores increased 7.6 percent and 5.7 percent respectively in the 15 weeks and fiscal third quarter ended Jan. 9. The UK’s leading retailer of ...
Tags: Same-Store Gains, Sporting Goods
The Government of Nigeria has unveiled a new National Cotton, Textile and Garment (CTG) Policy aimed at revitalising and boosting the development and growth of the country’s cotton, textile and garment industry. Launching the ...
Tags: cotton, textile, garment industry
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
Australia’s oldest chocolate business, the iconic Ernest Hillier has been placed into voluntary administration, and a meeting with creditors will take place on Tuesday 20 January 2014. Hillier’s administrator, Bruno Secatore ...
Tags: chocolate business, Agriculture
Japanese business leaders once again are touting “made in Japan” labels, promising to return production from overseas to take advantage of the yen’s sharp drop, which has reduced the once sky-high cost of manufacturing ...
Tags: labels, trade deficit, exports, Electrical
PPG Industries has announced that David B. Navikas, senior vice president, strategic planning and corporate development, will retire effective March 1. “PPG has benefited greatly from David’s deep knowledge of our ...
Tags: coatings business portfolio, chief financial officer, Construction
In its pre-budget memorandum, the Tirupur Exporters’ Association (TEA) among many demands has asked for extension of rupee export credit at 3 per cent interest rate subvention, import of specialty fabric using export performance ...
Sony is said to be willing to sell its under-performing mobile and TV businesses in a bid to return to profitability. The Japanese giant is in a curious position. It's performing very well indeed in a couple of key areas - specifically ...
Tags: Sony, Mobile, TV, Consumer Electronics
International Finance Corporation (IFC) will provide a senior loan of $8.5m and mobilize a parallel senior loan of €5m from Rabobank to help Georgia’s glass bottle manufacturer Mina expand its business. The financial help from ...
Tags: Glass Container, financial help, Packaging
Attune Consulting, a premier global solutions provider to the fashion and lifestyle industries, has launched Attune Fashion Suite, a set of pre-configured solutions that are deployable in the cloud or on premise for omnichannel retail ...
Indonesian rice processor Tiga Pilar Sejahtera Food is planning to expand its business to Vietnam and Malaysia, by investing around $80m. Of the total investment, each country is expected to get $40m, reports Jakarta Post. The company ...
Tags: domestic market, rice output, Agriculture
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
China plans to levy a resources tax on coal based on sales value instead of production volume, as well as scrapping arbitrary levies on coal miners starting from December 1, taxation and fiscal authorities said over the weekend. ...
Tags: Resources Tax, Coal