Textured Jersey Lanka PLC (TJL) recovered and bounced back in the second fiscal quarter of 2014-15, by reporting a quarter-on-quarter top line growth of 29% and its bottom line skyrocketing 72%. In the reporting quarter, TJL posted ...
The garment industry in Ho Chi Minh City (HCMC), Vietnam, is in need of additional skilled workers in order to achieve the target to become a garment supply hub for the southern region and the nation’s fashion centre by 2020, ...
Tags: garment industry, Skilled Workers, Apparel
Mombasa Apparels, a Kenya-based garment company, has opened a factory, set up at a cost of Sh2.2 billion, in Kenya’s coastal town of Mtwapa, Kilifi County. The new factory is expected to create 3,000 jobs and would manufacture ...
Tags: garment company, job creation, Apparel
Illinois-based KapStone Paper and Packaging will spend about $115m at its Cooper River site to modernise three papermaking machines and to make other improvements for increasing the capacity and efficiency. In a statement released on ...
Tags: papermaking machines, Agriculture
Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
Checkpoint Systems, Inc, a RFID solutions provider for the retail industry, said in the third fiscal quarter of 2014, it reported the highest gross profit margins ever seen in the last ten years. Gross profit margin at Checkpoint expanded ...
Tags: RFID solutions, Gross profit margin, Textile
In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
Private equity firm Peak Rock Capital's affiliate has invested in Canadian mushroom producer Highline Produce. The investment will help Highline Produce to increase its capabilities, enhancing potential for growth. Highline Produce ...
Brazil’s long products market should face a challenging year in 2015, despite a low increase in production, domestic sales and as well as in the country’s apparent consumption, an executive at Gerdau said during the Alacero ...
Tags: Long Steel Production, Domestic
Pilgrim's, a operator of chicken processing plants and prepared-foods facilities, has reported net income for the third quarter of $256m, compared to $160.9m for the year-ago quarter. Net sales for the third quarter rose to $2.27bn from ...
Tags: Pilgrim's, chicken, Agriculture
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
Corrugated packaging solution providers inspirepac will open a new 100,000 ft2 factory at Markham Vale, North Derbyshire as a part of its growth strategy. A part of the Logson Group, inspirepac will invest about £6m in a high ...
Tags: high quality post print, latest print technology, Agriculture
Sweden-based renewable packaging material provider BillerudKorsnäs will invest around $35.28m (SEK260m) to increase its production capacity and improve the quality of sack paper produced at its Skärblacka facility. The company ...
MA Silva, the leading manufacturer of cork, glass and packaging, broke ground for a new manufacturing facility across from the existing building located in the Westwind Business Park adjacent to the Sonoma County Regional Airport in Santa ...
Tags: cork, wine bottles, Agriculture