For the second quarter ended June 30, 2015, apparel sales at German sports goods and sportswear marketer Puma were broadly flat at € 263.3 million from the same quarter of previous year. “This is against high comparables in the ...
Tags: sports goods, sportswear
London-based Opera Investments plc (which was formed to acquire businesses or or assets in the natural resources sector) has reached a non-binding heads of terms agreement to acquire SoloPower Systems Holdings Inc of Portland, OR, USA for ...
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into a definitive agreement to sell its ...
Takko, one of Europe’s fastest growing fashion retailers, has selected TXTPlanning by TXT Retail, a leading provider of end-to-end planning solutions in retail, announces that Takko, one of Europe’s fastest growing fashion ...
Tags: Takko, fashion retailers, TXTPlanning
US-based beverage company Iconic Brands has acquired a majority stake in BiVi, a distributor of premium Sicilian Vodka. With this deal, Iconic is aiming to focus on the premium spirits market. The firm believes that BiVi acquisition is ...
Tags: Iconic Brands, beverage
Lower capacity utilisation drove down operating earnings by 23 per cent year over year at the fibre division of Eastman Chemical in the first quarter ended March 31, 2015. “First quarter of 2015 operating earnings dived to $90 ...
Ethiopia based Awassa Textile will undertake an expansion project under which it will double its production through an investment of Birr 168 million. According to a leading Ethiopian daily, to undertake the expansion, Awassa Textile ...
Tags: Awassa Textile, textiles
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
The Sherwin-Williams Company announced its financial results for the first quarter ended March 31, 2015. Compared to the same period in 2014, consolidated net sales increased $83.7 million, or 3.5%, to $2.45 billion in the quarter due ...
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
There is neither doubt nor dispute that the last financial year tested the grit and resourcefulness of the packaging industry. Tetra Pak achieved a 1.7% in sales nonetheless. Tetra Pak’s ‘challenging year’, the ...
Tags: Tetra Pak, packaging industry
US based specialty food distributor The Chefs’ Warehouse has completed the acquisition of Del Monte Capitol Meat and its affiliated companies for an initial price of $185.5m. The initial price of this purchase also includes the ...
Tags: specialty food, meat
Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food