Exports of readymade garments from Bangladesh registered double-digit decline in the first month of financial year 2015-16, according to the latest government data. In July 2015, Bangladesh earned $2.215 billion in garment exports, ...
Tags: readymade garments, knitwear
Li-Ning Company Limited swung to a profit on double-digit sales growth in the first half ended June 30 thanks to 17.0 percent growth at its flagship Li Ning brand and a big reversal in impairment charges to it accounts receivables. The ...
Tags: sports goods, Li-Ning Company, Li Ning sales
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
Poland has reportedly put forward plans to invest in food processing technologies and farm machinery in the Indian state of Punjab. The move is expected to double the bilateral trade between the two countries to $5bn by 2018, Financial ...
Hyundai Motor Group (HMG), which incorporates Hyundai and Kia brands, is injecting manpower and resources to boost its commercial vehicle (CV) wing for the low-volume, high-margin truck and bus sector. The carmaker is also bolstering its ...
Tags: Hyundai Motor, Commercial Vehicle
Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
Essentra Specialty Tapes has introduced several double-sided tapes which, among other beneficial properties, will adhere well to UV coated material, such as boxes, cartons, posters, P.O.P. displays, lightweight forms, easels, shelf tabs, ...
China aims to build a world-class utility tunnel network by 2020 to improve urban planning and achieve quality growth, according to the State Council, China's cabinet. The tunnels will help solve the problems of "road zippers" and ...
Tags: tunnel network, heating cables
The SportsOneSource Group today reported that U.S. Sport Footwear sales increased in the mid-single-digits for the 4-week fiscal month ended August 1 (Fiscal July). The Athletic Footwear side of the business easily out-performed the outdoor ...
Film manufacturing and coating firm Perlen Packaging is injecting over CHF20m ($20.3m) for expanding its PVdC coating line capacity in Perlen, Switzerland. The company, a unit of of industrial group CPH Chemie + Papier Holding, ...
Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
AquiSense Technologies of Florence, KY, USA (which works with UV-C LED makers to evaluate their devices and then design efficient UV disinfection products) has launched PearlBeam, a compact collimated beam device that employs UV-LEDs ...
Tags: UV LEDs, mercury-lamp
Researchers at agricultural firm Agrindus in Brazil have discovered that the shelf-life of milk can be extended up to 15 days, by embedding silver nanoparticles in plastic bottles. The shelf life of grade A pasteurised fresh whole milk ...
Tags: PVC film, wrapping food, Milk
Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...