There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
French automotive logistics firm Groupe CAT has commissioned US-based technology firm Axway with devising a system to improve schedule and delivery of finished vehicles, motorcycles and spare parts across its network of manufacturers and ...
Tags: Automotive
Columbia Sportswear Co. announced the promotions of four senior leaders. “I’m highly confident in the leadership abilities of these four teammates and in their commitment to continuing to drive sustainable, profitable growth ...
Tags: Columbia Sportswear, Sportswear
Glass and plastic packaging supplier Plasdene Glass-Pak has acquired West Australia-based Silverlock Packaging, expanding its size by more than 50%. The move, which will expand the firm's geographic coverage, product offering and sales ...
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear
Global viscose giant Aditya Birla has announceed its industry-leading policy to eliminate any sourcing from the world’s ancient and endangered forests for all of its viscose fibres, which are widely used in clothing and textiles, ...
Kellogg Company will expand its cereal production plant in Belleville, Canada to cater to increasing consumer demand. The expansion will begin this summer, with the expanded facility to open by mid-2016. This is expected to create ...
Tags: Kellogg, Cereal Production Plant
Italian fashion retailer Benetton said it has contributed an additional $1.1 million to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC. “This payment of $1.1 ...
Tags: fashion retailer, Benetton, Apparel
Global marketer of everyday basic apparel HanesBrands said it has completed the acquisition of Knights Apparel, a leading seller of licensed collegiate logo apparel in the mass retail channel. Knights Apparel sells T-shirts, ...
Tags: Knights Apparel, Apparel, basic apparel
Exxel Outdoors today announced it has signed a definitive agreement to acquire American Recreation Products LLC (American Rec). The acquisition will combine the iconic outdoor brands of the American Rec portfolio, which includes Sierra ...
Tags: American Rec, outdoor space, Sporting Goods
Human Rights Watch (HRW) has demanded that German apparel and footwear brands should promote workers’ rights in their global operations by publicly disclosing names of factories producing their products. “Supply chain ...
Taiwan-based crystalline silicon solar cell makers have lowered quotes for PERC (passivated emitter and rear cell) monocrystalline models from US$0.49/W at the beginning of 2015 to US$0.45/W currently due to lower-than-expected demand, ...
Tags: Solar Cells, Crystalline Silicon
Fonterra enters partnership with Chinese infant formula manufacturer New Zealand-based dairy giant Fonterra has confirmed that it has acquired an 18.8 per cent share in leading Chinese infant formula manufacturer, Beingmate Baby & ...
New Zealand based dairy co-operative Fonterra has agreed to acquire 18.8% stake worth $561.32m in Chinese infant formula manufacturer, Beingmate Baby & Child Food Company. The co-operative group has purchased 192.4 million shares in ...
Tags: Fonterra, dairy Food
Who are the world’s biggest polluters? A report by non-profit environmental and social responsibility organisation, As You Sow, and the Natural Resources Defense Council (NRDC), examined the packaging practices of forty-seven fast ...
Tags: plastic packaging, packaging