Lessons for food marketers as sugar consumption in UK tumbles As the health debate surrounding sugar continues, food marketers are reviewing their product formulation and marketing strategies. Nearly half (46 per cent) of UK ...
Tags: baked-goods, bakery, Food
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
Starbucks and China’s leading food and beverage producer Tingyi Holding have signed an agreement to manufacture and expand the distribution of the US company's ready-to-drink (RTD) products throughout mainland China. As per the ...
US-based corrugated box maker Welch Packaging is considering a $16.54m expansion that would help in the creation of 118 new jobs in the next three years. Welch Packaging specializes in making corrugated packaging, boxes and other ...
Tags: Welch Packaging, corrugated box
Shenzhen-based automaker BYD is planning to triple its production of batteries, in an effort to compete against Tesla. Reuters cited BYD Auto spokesman Matthew Jurjevich as saying that the Chinese automaker is planning to add 6 GW hours ...
Tags: BYD, Battery Production, Tesla
Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in ...
Tags: luxury market, luxury brands
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
Turkey products manufacturer Butterball has acquired a processing facility in Raeford, North Carolina, in a move to cater to increasing demand for Butterball turkey products. The facility, which is spread over an area of around ...
Tags: Butterball, turkey products
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
US based fast fashion apparel retailer, Forever 21, has implemented Oracle Retail Assortment Planning and Size Profile Optimization to help ensure that the apparel and accessories it places in stores each week are those that customers are ...
Tags: Forever 21, fashion apparel
South African fresh fruit firm Capespan has expanded its fruit packing capability with the acquisition of Novo pack house. Located in Paarl in the Western Cape, Novo pack house is an advanced pome fruit packing facility and it is ...
Tags: fruit, Agriculture
ShopClues, an Indian online marketplace said it has raised over US $100 million in Series D from a group of investors led by Tiger Global, which also saw investments from a majority of existing investors. Founded in Silicon Valley in June ...
Tags: online marketplace, Apparel
Morrisons has extended its fresh milk supply contract with Dairy Crest for next three years. However, the amount of milk to be supplied by Dairy Crest to Morrisons will be reduced from March 2015. This comes after Dairy Crest lost a ...
Tags: milk, cheese, butter, Agriculture