Adjusted EBITDA at NYSE listed, American Apparel, a marketer and retailer of clothing soared 38% year-on-year to $13.5 million in the third quarter ending September 30, 2014. However, net loss for the third quarter of 2014 shot up ...
Tags: Adjusted EBITDA, American Apparel, Apparel
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...
US-based Catalyst Paper Corporation will acquire the Biron paper mill and the Rumford pulp and paper mill for around $74m. The company has entered an asset purchase agreement with NewPage Corporation, NewPage Wisconsin System and Rumford ...
Tata Steel UK Holdings Limited, a subsidiary of India-based Tata Steel Limited, has announced that it has executed agreements for the refinancing of its bank debt through term loan and revolving credit facilities of €3.05 billion. ...
Tags: Tata Steel, Refinancing Agreements
Weak retail traffic and ramped-up discounts to clear merchandise, once again hit profits at denim jeans marketer - Levi Strauss & Co for the third fiscal quarter ended August 24, 2014. In the third fiscal quarter, Levis posted profit of ...
Tags: denim jeans, Levis
Macintosh Retail Group said Halfords Netherlands, the bicycle and automotive chain it sold last year, has filed for bankruptcy. Macintosh sold Halfords Netherlands to the chain's Managing Director on June 30, 2013. Following the ...
Ferro Corporation has signed a definitive agreement with Milan, Italy-based Private Equity Funds' Management Company Star Capital SGR S.p.A. and two minority owners and founders Gianfranco Padovani and Sergio Zannoni to acquire Casola ...
Tags: Tile, Ferro Corporation, Coating
Sportsman's Warehouse Holdings, Inc. reported net sales increased by 2.3 percent to $159.5 million from $155.9 million in the second quarter and 13 weeks ended Aug. 2, compared with the second quarter of fiscal 2013. Same store sales ...
Tags: Sportsman's Warehouse, IPO
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
For the thirteen week period ended August 2, 2014 or the second fiscal quarter of 2014, net income leapt massively from a net loss in the corresponding quarter of 2013 at specialty women's apparel retailer and NYSE-listed Christopher & ...
Tags: Apparel, Accessories
Net revenues for the fiscal second quarter ending June 28, 2014, plunged 24.8 percent from a year earlier at Body Central, a multi-channel & specialty clothing retailer. Body Central said its net revenues for the second quarter of 2014 ...
Tags: clothing retailer, Apparel
The apex bank of Bangladesh has extended its refinancing scheme of easy loans to the garment sector for improving safety standards in garment production units. This loan upto Taka 10 million, which can be borrowed from commercial banks or ...
Tags: Bangladesh, Safety, Apparel
Ecommerce sales accounted for 6.3% of total revenue at DICK'S Sporting Goods, Inc., the largest U.S. based full-line omni-channel sporting, including apparel goods retailer in the second quarter ended August 2, 2014, up from 5.6% in the ...
Tags: Dick's Sporting, apparel goods
Headquartered in New York and currently managed by the third generation Levy family, The Levy Group Inc. a manufacturer and distributor of men’s and women’s apparel has secured a $90 million senior secured credit facility. CIT ...
Tags: Levy Group, Facility, Apparel
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has signed a new US$125m senior secured multi-currency revolving syndicated credit facility that will replace its existing US$100m senior secured ...
Tags: 5N Plus, Electrical, Electronics