In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) says that it expects revenue for first-quarter 2015 to be 5-6% above the midpoint of ...
Tags: GigOptix, Electrical
IC demand from China's smartphone market is showing signs of a pick-up, as inventories at non-Apple vendors ease, according to sources at Taiwan-based IC design houses. Strong sales of Apple's iPhone 6 devices in China resulted in excess ...
Following rapid growth in community engagement, scrapbook creation and revenue growth, social discovery platform for women, LimeRoad said it has raised a Series C funding. This new financing ramps up the total funds raised to $45 million ...
Tags: Tiger Global Management, LimeRoad, Apparel
U.S. jewelry and watch sales across all channels were basically flat, or down 0.2 percent year on year, at $6.188 billion in February, according to preliminary figures. Data revealed that jewelry sales were unchanged from one year ago at ...
Tags: jewelry sales, watch sales
Net revenue at yoga inspired athletic apparel company; Lululemon Athletica drove up 13 per cent year over year in year ended February 1, 2015. In a press release, Lululemon Athletica said that in fiscal 2014, net revenue surged 13 per ...
Fila USA saw revenues jump 29.2 percent in 2014, to $279.2 million, according to financial documents posted by parent Fila Korea. Sales were $216.2 million in 2013 and $158.8 million in 2012. The region's operating margin, however, eroded ...
Tags: Fila USA, Korean Won, Sporting Goods
Clare Rayner, founder of the Future High Street Summit, believes retailers need to start catering to a digital savvy audience, whether through stocking innovative products or boosting the in-store experience with tech. Toy stores need to ...
Tags: Toy Stores, social media, Toys
Catalent Pharma Solutions, a US-based provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, has acquired Australian pharmaceutical packaging business, Pharmapak Technologies, ...
Tags: delivery technologies, Pacific, Packaging
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
The textile industry of Tamil Nadu has appealed the state government to reduce VAT on raw cotton and cotton yarn cones from 5 per cent to 2 per cent which would be on par with the 2 per cent CST. According to a SIMA press release, the ...
Tags: Cotton Yarn, textile industry
Strengthened by previous positive vibes from the European Union, the Government of Sri Lanka has started the process to regain the generalised system of preferences plus (GSP Plus) status, according to an official statement. An ...
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel