Following hike in losses in third-quarter of 2014, Finnish fashion retailer – Stockmann said, it will downsize operations of Seppälä brand significantly in Finland and Estonia and close down operations in Latvia and ...
The garment and textile sector in Vietnam has to work towards maintaining its market position, in order to prevent declination, according to Hoang Ve Dung, the deputy general director of the Vietnam National Textile and Garment Group ...
Tags: Vinatex, Market Position, Textile
The growth and trends of B2C e-commerce in Eastern Europe has caught the eye of global investors, a new report by Hamburg-based business intelligence organization yStats.com said. Yucel Yelken, the CEO of yStats.com, refers to the Eastern ...
Tags: B2C e-commerce, Apparel
The ongoing first edition of Texworld Istanbul has witnessed participation of 115 exhibitors from 10 countries. The three-day apparel fabric and accessories fair, which will end on November 6, has seen participation of exhibitors from ...
Tags: functional fabrics, blended fabrics, Textile
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
The 20th edition of Irantex, a trade fair of textile machinery, textile raw materials and finished products will held from November 17-20, 2014 in Tehran. Irantex 2014 will see participation of 170 Iranian and 160 foreign exhibitors from ...
The first edition of Première Vision Istanbul, which took place in October, attracted 8,294 visitors, with 17% visiting the fair from overseas countries and the rest from Turkey. Overseas visitors came from across Eastern Europe to ...
Tags: trade show, Première Vision, Textile
The upcoming 24th edition of the Eastern European trade event Collection Première Moscow (CPM) will showcase some 1,400 apparel collections from over 30 countries. Slated to take place from February 24 to 27, 2015, the fair, which ...
The Russian government is set to import meat and dairy products from Israel by the end of this year, said Russian Deputy Economic Development Minister Aleksey Likhachyov. This follows Russia's one-year ban on the import of certain food ...
Global soccer’s governing body, apparently satisfied with the investigative findings of an Ethics Committee that found no “violations or breaches of the relevant rules and regulations” were made during the bidding process ...
Tags: FIFA, Sporting Goods
China may overtake the US as the largest oil consumer globally in the early 2030s as emerging countries will lead growth in oil consumption in the next decades, the International Energy Agency said in a report yesterday. Global oil demand ...
Tags: oil consumer, crude oil
Austria-based packaging company Greiner Packaging has commenced operations of its first US manufacturing facility in Pittston Township, Pennsylvania. Having hired 36 people initially, the company plans to increase the number to 200 ...
Toyo Tire & Rubber Co. Ltd. posted net income of 23.5 billion yen on net sales of 287.2 billion yen for the third quarter ended Sept. 30, 2014. That compares to income of 6.1 billion yen on sales of 268.2 billion yen for the same period in ...
Tags: Tyre, Auto Parts
Revenue growth: Revenue grew by 2.3% in 3Q14 and by 5.3% in 9M14, with revenue per hl growth of 5.0% in 3Q14 and 4.5% in 9M14. On a constant geographic basis, revenue per hl grew by 4.9% in 3Q14 and by 5.2% in 9M14. Total volumes in 3Q14 ...
Tags: Beer volumes, Revenue growth, Agriculture
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...