Goubuli had announced they finalized a deal with Gloria Jean's Coffees to operate the Australian brand in China. According to the deal reached on Dec. 25, 2014, Tianjin Senyongtai Food and Beverage Co. Ltd., a subsidiary wholly-owned by the ...
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
US based consumer goods and farm products company Calavo Growers has recorded an increase of 5.3% in revenue during the fourth quarter of 2014. US based consumer goods and farm products company Calavo Growers has recorded an increase of ...
Tags: consumer goods, Agriculture
Adjusted gross profit in the second fiscal quarter ended November 30, 2014 climbed 57 per cent year on year at NYSE listed Performance Sports Group. As against $39.6 million in the year-ago quarter, adjusted gross profit rose 57 per cent ...
Tags: sales, marketing costs, Apparel
The retailer champions Black Friday as the starting gun for Christmas shopping. Shop Direct has seen a four per cent rise in total group sales over the Christmas trading period. Black Friday proved to be the busiest trading day on ...
Tags: Christmas shopping, trading day, Toys
The group has reported sales of £1.82 billion for the 18 weeks leading to January 3rd this year, seeing an increase of 0.8 per cent. Argos’ like-for-like sales remained broadly flat for the 18 weeks to January 3rd, 2015, while ...
Tags: Christmas Results, trading period, Toys
Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
The coming year could be pivotal for the global LED industry, given the growing market share of Chinese LED companies throughout the value chain. In order to compete with international companies and maintain their growth, China vendors must ...
“I have to believe that we are on the verge of some major breakthroughs, in large part because of the versatility and tunability of LED lighting.” So said the National Lighting Bureau’s outgoing chair, Howard P. Lewis ...
Tags: LED lighting, Lights
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
Amedica Corp. has laid off 25 employees, representing approximately 28% of its workforce. The move was part of a “comprehensive business review” that also includes deep cuts to corporate overhead and operational costs. The ...
The Vietnam National Textile and Garment Group (Vinatex) held its first shareholders’ meeting last week in Hanoi city. This was the first meeting after the company successfully issued its initial public offering (IPO) in September ...
Tags: revenue targets, profit margins, Textile
After its successful inaugural season in 2014, Keen unveiled its second year of the Keen Effect program to support non-profits globally. For 2015, the Keen Effect II will award 10 grants to non-profits around the world. The Keen Effect II ...
Tags: outdoor recreation, environmental stewards, Sporting Goods
One of Australia’s most iconic food brands Dairy Bell Ice Cream has decided voluntarily to shut down after 44 years of manufacturing ice cream in Australia, and has told Australian Food News that its assets are available for sale. ...
Tags: Ice Cream, Agriculture
Australia’s green-and-gold kangaroo, the Australian Made, Australian Grown (AMAG) logo, has become a registered certification trade mark in Singapore. Every year for the past three years the logo has made its mark in another Asian ...