In the six months to February 2015, revenue surged 24.2 per cent, while operating profit zoomed 40.2 per cent, both from a year ago periods, at Japanese apparel marketer Fast Retailing. Fast Retailing which owns the Uniqlo brand, said ...
Tags: Fast Retailing, Uniqlo Japan, Apparel
For fiscal second-quarter 2015 (to end-February 2015), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.6m, continuing the rebound from the low of $2.3m in fiscal fourth-quarter 2014 and up 56% on ...
US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
LPG prices in South and East China rose this week after an explosion at a major LPG supply plant and a rise in crude oil prices early in the week, domestic trade sources said Friday, April 10. Dragon Aromatics' plant in Gulei, Fujian ...
Tags: LPG Prices, gas pipelines
China's foreign trade remained anaemic in the first quarter of 2015, with exports registering a big slump in March following signs of improvement, official data showed on Monday. Last month, the foreign trade volume dropped by 13.5 ...
Tags: Foreign Trade, GAC, Transportation
Mississippi based Cal-Maine Foods, Inc. and Rose Acre Farms, Inc. based in Seymour, Indiana have entered into a joint venture called Red River Valley Egg Farm, LLC, to build and operate a shell egg production complex in Texas. To be ...
Tags: Cal-Maine Foods, Egg Production
For the second quarter of fiscal 2015 ended February 28, 2015, net income per diluted share slipped 16 per cent year over year at NYSE listed Family Dollar Stores. In the second quarter of fiscal 2015, Family Dollar reported net income ...
Tags: Family Dollar, effective tax rate
There is neither doubt nor dispute that the last financial year tested the grit and resourcefulness of the packaging industry. Tetra Pak achieved a 1.7% in sales nonetheless. Tetra Pak’s ‘challenging year’, the ...
Tags: Tetra Pak, packaging industry
Readymade garment exports from Bangladesh in the July-March period of the current fiscal year, rose by 3.18 per cent to US$ 18.62 billion against the last year export value of $18.05 billion, according to data from the Export Promotion ...
Tags: Readymade garment, Garment Exports
The current owner of this 100-carat emerald-cut diamond spent an entire year studying, cutting and polishing the rough to create the “perfect” stone. Sotheby’s will attempt to sell the stone later this month. The largest ...
Tags: Magnificent Jewels, diamond
Global consumption of light-emitting diodes (LEDs) used in night-vision imaging system (NVIS)-compatible illumination (lighting) in non-civilian applications, such as military, law enforcement, emergency medical services (EMS) etc, will ...
Favourable macro factors such as urbanisation and the expanding middle class continued to support new retailer expansion across Asia Pacific in 2014. The number of new entrants rose to 464, an increase of 23 per cent year-on-year. ...
Patagonia, through its $20 Million & Change venture fund, announced a strategic investment in Beyond Surface Technologies, a chemical company focused on producing high-performance textile treatments based on natural raw materials. In its ...
With a growing number of Chinese cell phone makers taking giant strides in overseas markets, Africa, with its huge population, is also in its sights. OPPO, a Chinese producer, has unveiled two smartphones, OPPO N3 and OPPO N5, in Morocco, ...
Tags: Cell Phone, African Market
In acquiring an 80.1% stake in Philips' combined LED components and Automotive lighting business (with Netherlands-based Philips retaining the remaining 19.9%), new owners GO Scale Capital (an investment fund sponsored by GSR Ventures and ...
Tags: Lumileds, LED components, Electronics