Stockmann, a Finnish listed company engaged in the retail trade, has appointed Per Thelin, as the new Chief Executive Officer (CEO), effective from the 10th of November, 2014. Per Thelin, a B.Sc. Economics Graduate and a Swedish citizen, ...
Tags: Stockmann, Chief Executive Officer, Textile
NYSE-listed Dollar General Corp said it remains committed to acquiring rival Family Dollar and also extended its offer to acquire all outstanding shares of Family Dollar Stores, Inc. Dollar General will tender $80.00 per share in cash, ...
Tags: Dollar General, Family Dollar, Apparel
Participation of wood and laminate floor brands is up 50% from the previous edition, at DOMOTEX asia/CHINAFLOOR’s 17th annual flooring show to be held from March 24-26, 2015 in Shanghai. Organisers of the trade show, VNU Exhibitions ...
Tags: laminate floor, wood
The Antigua Group, Inc. a leading designer and marketer of lifestyle apparel and sportswear, has selected NGC Software’s extended fashion Product Lifecycle Management (PLM) solution and Supply Chain Management (SCM) system. The ...
Tags: sportswear, SCM solution, Textile
III-nitride epitaxial material supplier EpiGaN nv of Hasselt, Belgium has been named in the 2014 Global Cleantech 100's Ones to Watch list, produced by San Francisco-based Cleantech Group (whose mission is to connect corporates to ...
New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...
Tags: cotton futures, market report, Textile
McDonald's has announced plans to open restaurants in Kazakhstan in 2015, in conjunction with a local developmental licensee, Kairat Boranbayev. Kazakhstan is McDonald's 120th global market and the 39th market that will be managed as a ...
Tags: McDonald's, Kazakhstan
Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
NYSE-listed and clothing retailer, Gap Inc has approved a quarterly dividend of $0.22 per common share for holders of the Company’s common shares. The dividend will be paid on or after January 28, 2015 to shareholders of record at the ...
NYSE-listed and babies and kids apparel retailer Carter’s Inc 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 $0.19 per ...
Tags: kids apparel retailer, Net income, Apparel
Gold demand dropped in China during the third quarter of the year to a five-year low amid slumping prices and a nationwide anti-graft campaign, the World Gold Council said on Thursday. According to the WGC, the latest trends put China ...
Tags: Gold demand, Gold Products
The “Blue Belle of Asia,” weighing 392.52 carats, set a new world record price for a sapphire when it sold for $17.5 million, leading Christie’s to its highest jewelry auction total ever. Click through the gallery to ...
Tags: Blue Belle of Asia, sapphire, jewelry
Bolton-based family-run furniture and home accessories company, Global Interiors, is set to dramatically expand its operation after receiving a £80k BFS Business Loan which is drawn from a £24m fund delivered by Business Finance ...
Tags: family-run furniture, Furniture
This 450-tonne dump truck is claimed to be the world’s largest, with a steerable axle and body components made from high-strength steel. It earned its maker Belaz a finalist place in the 2014 Swedish Steel Prize. The Swedish Steel ...
Tags: dump truck, high-strength steel