Group Performance: Operating income up 9.9% in nine months from September 2013-May 2014. The Fast Retailing Group reported gains in both sales and income in the nine months to May 2014, with consolidated net sales reaching JP\1.088 trillion ...
Tags: Retail, Apparel, Accessories
Medtronic officials apparently see the political blowback over their proposed $43 billion acquisition of Covidien as serious business. The company has paid $200,000 to lobbyists including former U.S. Sens. Trent Lott and John Breaux to ...
The specialty chemicals Group ALTANA was able to achieve a significant increase in its sales and earnings in the first half of 2014. Sales in the first six months of the current fiscal year grew by 11 percent to €985 million ...
Tags: Construction, Decoration
Daimler has unveiled plans to invest €1.5bn at the Mercedes-Benz Cars plant in Sindelfingen, Germany, by 2020. The proposed plans are part of the company's efforts to modernize the facility to manufacture another model in ...
Tags: Daimler, Mercedes-Benz, Cars
Russian steelmaker Severstal announced that it will supply about 64,000 mt of pipes, made by Izhora pipe plant, part of Severstal Russian Steel, for the Southern Corridor project. The supply will include pipes with diameter of 1,420 mm, ...
For the second-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $95.1m, up 5% on $90.8m last quarter but down 2.5% on $97.4m a year ago. Data Storage ...
Tags: Veeco MOCVD MBE ALD, Electrical, Electronics
MANGO continues to consolidate its presence in Germany. Frankfurt, Hannover and Nuremberg, among other cities, are the locations that have been chosen to continue with the brand’s expansion plan in Germany over the coming months. ...
The Bhagalpur of Bihar is famous worldwide for its distinctive type of tasar silk and coarse varieties of silk fabrics. The silk handloom weavers of Bhagalpur are facing stiff competition from power loom and mill sector due to high ...
Tags: Silk Industry, Apparel
BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
Osram has unveiled plans for nearly 8,000 more job losses. The announcement comes as the German lighting giant's Push programme, which launched in 2012, comes to a close. "We will successfully complete the first stage of Osram Push ...
Tags: Lights, Lighting, Electrical, Electronics, Osram
ImagineX Group, Asia's leading retail, brand management and distribution company, and Authentic Brands Group, LLC ('ABG'), the new owner of Juicy Couture, announced a long-term franchise partnership which will drive market expansion and ...
Tags: ImagineX, Juicy Couture, Apparel
Premier Foods announced half year results for the six months to 30 June 2014. Trading profit increased 2.1% in challenging markets Underlying business Trading profit up 2.1% to £48.1mSales 6.1% lower due to challenging market ...
Tags: Premier Foods, results, Food
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Chateau Morrisette Winery in the US has selected Athens Distributing as its distribution partner, in a move to expand its retail wine distribution to Middle Tennessee. Under the partnership, Athens will make Chateau Morrisette's wine ...
Tags: Chateau Morrisette Winery, distribution partner, Agriculture
Alhokair Fashion Retail has unveiled plans to significantly grow the Marks & Spencer store portfolio in Saudi Arabia with a pipeline of 10 new store openings by April 2015. Alhokair will also open M&S’s new flagship store in Baku, ...