Thoratec Corp. has replaced CEO Gary Burbach with the man who previously led the company for a decade. New president and CEO Keith Grossman served in those roles at the Pleasanton, CA–based company from 1996 to 2006, when Burbach ...
Fashion and luxury brand Ralph Lauren has announced that the company’s Board of Directors has declared a regular quarterly dividend of US$ 0.45 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on the 10th ...
Tags: Ralph Lauren, US$0.45 per share, Accessories
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
Life sciences conglomerate Danaher has announced plans to acquire dental firm Nobel Biocare Holding for $2.1 billion in cash. The deal, assuming it passes regulator muster, could close by the end of this year or early 2015. The move marks ...
Tags: Danaher, Swiss Dental Firm, Medicine
United Natural Foods reported fourth-quarter (Q4) net income of $33.4m, as against $32m in the corresponding period a year ago. Revenues for the quarter were up 7.4% at $1.76bn compared with $1.64bn in the prior year. Gross margin was ...
Tags: Agriculture, Food, Natural Foods
Timberland, outdoor lifestyle footwear and apparel brand outlined a plan which will help its sales grow 13% annually through 2019. At an investor meeting at its headquarters, Timberland said it plans to reach revenue of $3.1 billion by ...
Tags: Apparel, Timberland, footwear, outdoor apparel
In the January-August period of this year, motor vehicle sales in Turkey totaled 430,158 units, decreasing by 21 percent year on year, according to the Turkish Automotive Manufacturers Association (OSD). Meanwhile, in August of the current ...
Tags: Auto Imports, motor vehicle
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in August this year its carbon steel sales volume amounted to 828,661 metric tons, rising 3.35 percent compared to July and accounting for 64 percent of domestic ...
Tags: Carbon Steel, steel
Acquisition of Tony Hawk brand acquisition and continued global organic growth of the Cherokee brand led Cherokee Global Brands, a global marketer of lifestyle brands to post a 17% and 16% in net sales and net income, respectively for the ...
Tags: Global Organic Growth, Sales, Apparel
US-based apparel marketer Neiman Marcus Group said it has acquired online luxury products retailer - mytheresa.com from Christoph and Susanne Botschen and Acton Capital Partners. In addition, Neiman will also be acquiring the THERESA ...
Tags: Neiman Marcus, Acquire, Apparel
Cree has announced revenues of $436 million for the fourth quarter of 2014. This is a 16 per cent increase on the fourth quarter in 2013 when it announced revenue of $375 million and an 8 per cent increase on the third quarter of 2014. ...
Tags: Cree, LED lighting
Miniature solar photovoltaic systems, including pico solar and solar home systems, are moving rapidly from specialized niches for enthusiasts and early adopters into the mainstream. These systems are particularly well-suited for ...
Tags: pico solar, solar home systems
Supported by favorable government policies China’s LED industry initiated a new round of financing during the first half of 2014, according to a Chinese-language report by Consumption Daily. Innovative technology and new products ...
Tags: LED Industry, LED market
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
The largest LED packaging service provider Everlight Electronics posted consolidated revenues of NT$2.859 billion (US$95.3 million) for August 2014, its highest monthly figure on record, with growth of 9.43% on month and 18.61% on year, and ...