For the fourth fiscal quarter ended January 4, 2015, Gildan Activewear said it slipped in to losses, when compared with fourth fiscal quarter of previous year. Gildan reported a net loss of US$41.2 million or US$0.34 per diluted share for ...
Tags: Gildan Activewear, Apparel
Experts said that China's commercial vehicle industry will enter an adjustment period of three to four years, as the economic slowdown dampens demand and a sustainable development model requires greater transport efficiency and reduced ...
Tags: Heavy-Duty Truck, Truck
St. Louis-based Post Holdings has posted results for the first quarter of 2015, recording net sales of $1,073.9m, an increase by 261.6%, compared to the previous year. Gross profit of the company increased $134.6m to $249.1m for the first ...
Tags: Post Holdings, potato products
Diamond Foods has acquired 51% stake in Netherlands-based vegetable and organic potato chips producer Yellow Chips for an undisclosed amount. Yellow Chips, which currently produces Kettle Brand Vegetable Chips for Diamond, markets its ...
Tags: Diamond Foods, Potato Chips
Great Plains Holdings has agreed to acquire controlling stake in Bonjoe Gourmet Chips for an undisclosed amount. Earlier in December, Great Plains signed a letter of intent to acquire a 30% stake in Bonjoe Gourmet Chips which is now ...
Tags: Bonjoe Gourmet Chips, Food
Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...
Tags: Sysco, Performance Food Group
Rising India,a holding company focused in restaurant concepts and other ventures focused in meals and entertainment, announces today that it has entered official negotiations to acquire a food delivery company comprised of a consortium of ...
Tags: Rising India, Organic Food, Sustainable Food
US apparel marketer, Kate Spade & Company has signed a joint venture with Walton Brown to establish a strategic network of stores across China, Hong Kong, Macau and Taiwan. The newly formed partnership will leverage the expertise of ...
Tags: Kate Spade, apparel
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
Packaging solutions provider Glenroy has agreed to acquire the pouch converting operations of PF Flexibles, formerly known as Pouch Converting Technologies. Based in Hartford, Wisconsin, PF Flexibles is a contract manufacturer of ...
Tags: liquids, military applications, chemicals, Agriculture
Quantum Fuel Systems Technologies Worldwide, a global leader in natural gas storage systems, integration and vehicle system technologies, announced today it has developed a technologically advanced in-house test and validation facility that ...
ICL, a global manufacturer of essential food products, announced that its ICL Food Specialties business unit has inked a share purchase agreement to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH, collectively known as Prolactal. ...
Tags: beverage, dairy, meat industries, Agriculture
Chocolate manufacturer Hershey is in talks to acquire beef, turkey and pork jerky snacks producer Krave Jerky, in a deal that is expected to be valued at around $300m. The move is in line with the company's strategy to expand its ...
Tags: basil citrus, lemon garlic, chili lime, Agriculture
ICL Food Specialties, a business unit of ICL, has agreed to acquire European dairy proteins producer Prolactal for an undisclosed amount. Prolactal produces and sells a wide range of functional dairy proteins that are used in the ...
Tags: beverage, dairy, meat industries, Agriculture
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced that it has partnered with Tian Jin Sen Yong Tai Co Limited, to establish a joint venture for ...