Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015. Only a handful ...
Tags: machine-tool sector, Manufacturing
Amedica Corp. has laid off 25 employees, representing approximately 28% of its workforce. The move was part of a “comprehensive business review” that also includes deep cuts to corporate overhead and operational costs. The ...
The Vietnam National Textile and Garment Group (Vinatex) held its first shareholders’ meeting last week in Hanoi city. This was the first meeting after the company successfully issued its initial public offering (IPO) in September ...
Tags: revenue targets, profit margins, Textile
Lululemon Athletica Inc. upgraded its net revenue and earnings guidance for the fourth quarter of fiscal 2014 ahead of its presentation at the ICR XChange investor conference on Monday. For the fourth quarter ending Feb. 1, Lululemon now ...
Tags: guest experience, international expansion efforts, Sporting Goods
Jabong.com, one of India’s leading online fashion retailers, is set to launch its first technology lab in India, with an aim to use innovation across multiple platforms, including search, data, and marketing, The Economic Times ...
Tags: personalisation, platform architecture, promotions, Apparel
Taiwan Shin Kong Security Co., Ltd. (SKS), Taiwan's second-biggest private security company, will begin to export entertainment robots sometime in 2015. The company aims to ship about 100 units over the year and generate revenue up to ...
The manmade fibre (MMF) segment needs to grow substantially if the Indian textile industry has to achieve a turnover of US$ 350 billion by 2025, according to Prem Malik, chairman of Confederation of Indian Textile Industry (CITI). ...
Tags: textile machinery, cotton prices, Textile
Paul Smith, the iconic British fashion designer, has selected Yourcegid Retail, a cloud-based, omnichannel retail management solution by Cegid, a global provider of software solutions that enables retailers to manage all aspects of their ...
Tags: stock transfers, customer service, sales reporting, Textile
Samsung reckons its profits have slipped by a staggering 37.4 per cent year-on-year in the run up to Christmas 2014. The South Korean tech giant outed its pre-earnings guidance, revealing a predicted operating profit of 5.2 trillion ...
Tags: Samsung, CES, Consumer Electronics
The firm, founded in 1947, saw its turnover grow to £14.7m, up from £12.9m the year before. Soft toy designer, Keel Toys has seen revenues grow to nearly £15million as the business continues to supply to blue chip ...
Tags: IT, customer services, social media, Toys
Thoresen Thai Agencies Public Company (TTA) has acquired nine percent stake in Chinese canned food maker Sino Grandness Food Industry Group for around S$24.5m ($18.3m). The acquisition forms a part of TTA's long-term diversification and ...
Tags: water chestnut, sweet corn, fruit, vegetable juices, Agriculture
In the last five months of 2014, Ethiopia imported more than 3,000 tons of cotton to meet the demand of domestic textile industry, according to the Textiles Industry Development Institute (TIDI). Ethiopian Government resorted to ...
Tags: Textile Industry, raw material, Textile
Amazon has announced it managed to sell upwards of 5 billion items last year alone. What’s more, Amazon says 40 per cent of those sales – around 2 billion – were from Amazon third-party sellers worldwide. According to ...
Tags: Amazon, Consumer Electronics
Recent suggestions from the Australian Federal Government that the Goods and Services Tax (GST) be applied to the sale of fresh food has sparked concern from both farmers’ groups and the Federal Opposition. Liberal backbencher, Dan ...
Tags: Food Ignites, Services Tax, Agriculture
The total revenue of China's express delivery market hit 204 billion yuan (33 billion U.S. dollars) in 2014, up 42 percent, official data showed on Tuesday. Businesses made 14 billion deliveries last year, the most in the world and 52 ...