Despite an 8.4 per cent hike in sales, £19.8 million rise in costs hit underlying pretax profits by 31.6 per cent at Super Group, a marketer of apparel in the first fiscal half ended October 25, 2014. Super Group which markets the ...
Tags: underlying pretax profits, business acquisitions, Apparel
Advanced textiles producer and NYSE-listed – Albany International has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.16 per ...
Tags: currency revaluation, Textile
British luxury car maker Aston Martin is planning to raise funds to expand its product line to crossover SUVs, which is expected to help the company recover from sliding profit. The company is expected to raise between $156m-$234m in ...
Tags: Aston Martin, SUV Market
Leshi Internet Information & Technology founder Jia Yueting is planning to apply for a license to manufacture and sell electric vehicles (EV) in China. Leshi Internet makes web-enabled televisions and has already made an electric car, ...
Tags: Leshi, Electric Cars
Altamont Capital Partners is leading a majority recapitalization of Fox Head, Inc. the number one global motocross equipment, apparel and accessory brand. The current owners of the business, the founding Fox family, will continue to own a ...
FOBA Laser Marking + Engraving completes its M-Series of compact workstations for industrial laser material processing: With the M2000-R and M3000-R stations, FOBA introduces two high-throughput laser marking workstations with 2 position ...
Tags: Rotary Table, Laser Marking
The Cotton Corporation of India (CCI) is actively procuring raw cotton from farmers at minimum support price (MSP) and it has procured approximately 13 lakh bales by November-end at various centres in Andhra Pradesh, Maharashtra and ...
Tags: Raw Cotton, Cotton
BASF broke ground on a new Innovation Campus in Navi Mumbai, India. The company will invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The facility will accommodate around ...
Tags: BASF, Innovation Campus, Construction
The commercial coatings group of PPG Industries has launched a redesigned website for the ADJUSTRITE Commercial Estimating System at www.adjustrite.com. The site went live in early November and features a refreshed look, user-friendly ...
Opel is closing down its Bochum plant in Germany after 52 years of operation as the company looks to streamline cost in its European unit. Previously the plant was employing 22,000 workers and until recently it had 3000 employees. ...
Tags: Bochum Plant, Auto
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
BMW has introduced M Performance Parts to its flagship BMW X6 which is expected to enhance the design and performance of the car. The German car maker has introduced the Power Kit to boost the performance of the X6 xDrive30d which will ...
Tags: BMW X6, Power Kit, Auto Parts
Seven-year old company has established itself as the number one premium RC brand in the US. US toy firm Propel RC landed in the UK in October, and the company has told ToyNews that the UK is key to its international growth plans. The ...
Tags: customer service, premium products, Toys
Automechanika Shanghai lived up to its status as the world’s second largest international trade fair for automotive parts, accessories, equipment and services and the best platform for tapping into the Chinese and overseas ...
Tags: Footprints