China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...
US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
The company believes a committed in-store display can provide "an invaluable incremental revenue stream for retailers". Panini believes a dedicated approach to in-store displays is key to making a success of collectables. The firm ...
Tags: Panini, Hot collection, Toys
Toy giant will move from country-by-country leadership structure to a pan-European approach to drive greater efficiencies across its European business. Toys R Us is taking ‘aggressive steps in the months ahead’ to achieve ...
WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand. Tapout is now the official fitness and training partner of WWE, and will be integrated across WWE’s global ...
Tags: WWE, Repositioned fitness, Sporting Goods
Furmanac has been identified in London Stock Exchange's 1000 Companies to Inspire Britain. The report is a celebration of the UK's fastest-growing and most dynamic small and medium sized businesses. To be included in the list, companies ...
Tags: Furmanac, Stock Exchange, Furniture
Mellanox Technologies, Ltd, a supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for data-center servers and storage systems, has announced commercial deployments of its new 100Gb/s LinkX active optical ...
Tags: optical cables, Mellanox, Cables
The Viet Nam National Textile and Garment Group (Vinatex) will begin construction of a textile and garment factory complex in the central province of Quang Nam on March 25, 2015, according to Vietnamese media reports. The textile and ...
Tags: Textile, Garment, garment factory
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
In the early 80s, a young Ogilvy & Mather art director, John Curran, was feeling a long way from home. He’d been in Australia for many months, but his girlfriend had just arrived with a lot of his memories in her suitcase. He ...
Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report. The ‘Digital Commerce Report 2014’ released by the Internet and Mobile ...
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods