AkzoNobel has announced plans to invest in its Performance Coatings business in Vietnam. As well as doubling capacity at its powder coatings facility in Dong Nai, the company also intends to open a new office for Performance Coatings in Ho ...
Tags: AkzoNobel, Performance Coatings, paints
Trade groups representing Europe's sporting goods and leisure industries took advantage of the first European Week of Sport to inaugurate a new lobbying office in Brussels Thursday. Located at 43 Avenue des Arts, the new The House of ...
Tags: sporting goods, leisure industries, Brussels
U.S. demand for paint and coatings is forecast to grow 3.8 percent annually to 1.4 billion gallons in 2019, valued at $31.5 billion. Gains will be driven by a strong rebound in construction activity, which will stimulate demand in the ...
Mazda Motor and Russian automaker Sollers have signed a MoU with the Government of the Russian Federation to explore setting up of an engine production plant at their joint venture Mazda Sollers Manufacturing Rus (MSMR) facility. The ...
Tags: Russian government, Mazda Motor, engine
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
U.S. specialty jewelry store sales fell 4.4 percent year on year to $2.703 billion in May, according to the latest government calculations. The decline was noticeable considering that preliminary sales of jewelry and watches across all ...
Tags: jewelry, watch sales
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
Bfashion, an Eastern European online fashion retailer, is set to deploy a vsuite of products by Attraqt Group, a leading provider of e-commerce visual merchandising, site search, and recommendation technology, across eight international ...
Tags: Bfashion, Attraqt Group
In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
Amcor has acquired South African flexible packaging giant Nampak Flexibles and with it, market leadership in the region. In combination with Amcor’s current business in Africa, the closing of this deal firms up Amcor's leadership ...
Tags: Amcor, flexible packaging
Epson Italia S.p.A., an Epson Group company has bought the remaining stake and fully acquired For.Tex S.R.L., a leader in the textile printing industry. Epson Italia which had purchased a 50 percent stake in For.Tex in 2012 completed the ...
Tags: Epson, textile printing
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile