Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
The results from Dun & Bradstreet’s March Business Expectations Survey have highlighted a second consecutive decline in expectations, with businesses issuing subdued forecasts for the three-month period to June 2016, despite reporting ...
Tags: Dun&Bradstreet's March Business Expectations Survey, BEI
VAI (Vormittag Associates) announces that Black River Produce, the New England-based food wholesaler, is optimizing their supply chain with VAI’s S2K for Food solution. By implementing VAI's industry-leading ERP system, Black River ...
Tags: VAI, Black River Produce, Food wholesaler, VAI S2K
‘Reverse strawberries’ are now being sold in Australian nurseries. The reverse strawberry is white on the outside with red seeds. It is also sometimes referred to as a ‘pineberry’ as it has a pineapple tasting ...
Tags: Reverse Strawberries, Australia nurseries, Australian Shores
C&S Wholesale Grocers has announced that its wholly-owned subsidiary Hawaiian Housewares Ltd. has signed an asset purchase agreement to acquire the operations of Edsung Foodservice Company, located in Honolulu, Hawaii. The sale is ...
Tags: C&S Wholesale Grocers, Edsung Foodservice Company, Acquisition
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
Canada-based food manufacturing company Premium Brands has entered into agreement to acquire Montreal based C&C Packing and affiliate Premium Meat Packers for $146m, in a cash-and-share deal. The transaction, which is subject to ...
Tags: Premium Brands, C&C Packing, Aquisition, Premium Meat Packers
G-III Apparel Group Ltd. reported fourth-quarter earnings that came in well short of Wall Street targets. For the fourth quarter ended Jan. 31, 2016, G-III reported that net sales increased by 3 percent to $527.4 million from $514.3 ...
Tags: G-III, Earnings, Wall Street targets
New Zealand peanut butter maker Pic's has had to ramp up its manufacturing operations ahead of a decision by Woolworths to stock its all-natural products nationwide. More than 900 Woolworths supermarkets are now stocking Pic’s ...
Tags: NZ Peanut, Pic's, All-natural products
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
ASD MARKETWeek brings the world's widest variety of merchandise together in one efficient consumer-goods trade show that's as easy to shop as it is to love. Loaded with quality choices at every price point, this well-established ...
Tags: Footprints
A former executive at Kellogg's Australia has claimed in an article appearing in Fairfax's Sydney Morning Herald and The Age newspapers that the supermarket majors Woolworths and Coles could be using supplier information to help develop ...
Tags: label products
US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...
Tags: LKQ, Rhiag-Inter Auto Parts, Auto