The European Commission (EC) has given its approval for the acquisition of Austria-based Constantia Flexibles by French investment group Wendel Group for €2.3bn ($2.8bn). Constantia Flexibles specialises in producing foil, paper ...
Tags: Constantia Flexibles, plastic-film packaging, packaging
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals
US president Barrack Obama-led task force has drafted a 40-page report planning to curb black-market fishing and mislabelling of seafood, which costs the US and the world billions of dollars of fishing revenue. The US stands second after ...
Tags: Seafood Fraud, seafood, crustaceans
Net income for the thirteen weeks ended January 31, 2015 at The Children's Place, Inc, a pure-play children's specialty apparel retailer in North America was up from same period of previous year. Net income for the reporting quarter stood ...
Online marketplace Snapdeal is the title sponsor for the three day India Fashion Forum (IFF) which begins from today and runs till March 20 at the Bombay Exhibition Centre in Goregaon, Mumbai. In its 15th year, IFF is regarded as a ...
Tirupur Exporters’ Association (TEA) has requested Prime Minister Narendra Modi to expedite the process for finalising a free trade agreement (FTA) with the European Union. A requisition letter has been sent to the Prime ...
Tags: Tirupur Exporters, FTA with EU, garment
US based MetaWear has unveiled the first solar and geothermal-powered US operation, providing cutting, sewing, dyeing, and screen printing certified organic cotton t-shirts. MetaWear which uses seaweed-based inks with no toxic inputs, was ...
Tags: MetaWear, Certified Apparel
World cotton production this season is forecast at 119.2 million bales, virtually unchanged from last month’s projection and slightly below 2013/14 as higher area this season is offset by a lower yield. “Global harvested area ...
Tags: Cotton Output, global yield, cotton trade
China will release the implementation plan for the Belt and Road initiatives when the 2015 Boao Forum for Asia opens at the end of the month in south China. Sources told Xinhua that the implementation plan will include a detailed list of ...
The surge in Chinese outbound tourism is boosting domestic companies' overseas acquisitions in travel industry. As more high-spending Chinese visitors go abroad, they become a lucrative source of business for hotels, restaurants, retailers ...
Tags: Outbound Travel, outbound tourism
It is reported that a transportation company executive in Vietnam Hanoi complained that although his company has been looking for heavy trucks in last two months, they still can not get satisfactory heavy-duty truck. Because there are not ...
Global demand for countertops is forecast to rise 4.2 percent per year to 503 million square meters in 2018, according to The Freedonia Group. Demand for countertops will benefit from improved building construction activity throughout ...
Tags: Countertops, countertopsc Demand
Net sales for the thirteen weeks ended January 30, 2015 at NYSE listed, Dollar General Corporation grew 9.9 per cent from a year earlier quarter. In a press release, Dollar General said its net sales increased 9.9 per cent to $4.94 ...
Tags: Dollar General, Apparel
The Scotch whisky market in the UK has shrunk by almost 5% as consumers and industry continue to be impacted by the heavy tax regime. The tax is approximately 80% as a share of the price of an average bottle of the drink. The figures, ...
Tags: Scotch Whisky Market, Fairer Tax, Whisky
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