Liqueurs and spirits producer Rémy Cointreau has reported slump in consolidated sales for first nine months of the current financial year to €740.9m, down 12.4% from €845.7m in 2013. The company generated €269.1m in ...
Tags: Liqueurs, Agriculture
After 10 years at the helm of Amcor, Ken MacKenzie has decided to retire from the position of managing director and chief executive officer, Amcor chairman, Graeme Liebelt announced on 22 January. “I believe after 10 years in the ...
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at 0.11 per cent for December 2014 (over December 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cotton yarn, tyre cord fabric, woollen textiles, Textile
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
In what may mark an end of high-quality extra long staple cotton, the Egyptian Government has decided to stop paying subsidy of 350 Egyptian pounds per qintar (160 kg) of cotton to producers, from the next agricultural season. Last ...
Tags: Cotton Production, raw materials, Textile
DFS reports "continued strong momentum" in its latest financial report, covering the 13 weeks ending 1st November 2014. The quarter saw continued momentum in sales and EBITDA for DFS, with group gross sales up 15.3% to £197m (2013 ...
Tags: selling space, Furniture
Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
BASF and Gazprom have agreed that they will not complete an asset swap, which was planned for the end of the year. “We regret that the asset swap will not be concluded. We will continue our cooperation of over 20 years with Gazprom ...
Tags: targeted oil, gas-rich regions, Construction
The annual rate of inflation, based on monthly wholesale price index (WPI), declined to 0.0 per cent for November 2014 (over November 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cord fabric, manmade fibre, Textile
Belvedere Vodka, a brand of Polish rye vodka produced and distributed by LVMH, is planning to divest its non-strategic and operational loss-making assets, in a move to boost profits. The sale includes wholesale and retail activities in ...
Tags: wholesale, retail activities, Agriculture
Textiles has the lion’s share in India’s exports from labour intensive sectors, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, under the Ministry of Industry and ...
Tags: Labour Intensive, textile sector
The firm has also grown its international sales by over 40 per cent in the year ending August 31st, 2014. The Character Group has reported an increase in total revenue of 46 per cent. The Group’s takings have soared from ...
Tags: international sales, Toys
Profits at corrugated specialist DS Smith have risen in the first half of the financial year. Pre-tax profit is up 45% to £123m while operating profit has risen 10% to £176m However, there was a 5% dip in revenue to ...
Tags: Profit, financial targets, Packaging
Ratos has signed an agreement to acquire approximately 67% of the shares in the Finnish LED optics company Ledil Oy from the company's founders. The purchase price (enterprise value) for 100% of the company amounts to EUR 97m, of which ...
Tags: LED lighting, LED optics company, Lights
Australian quick service restaurant operator Collins Foods Limited, which operates KFC and Sizzler restaurants, has reported a 37 per cent lift in Earnings Before Interest Tax Depreciation and Amortisation (EBITA) and a 43 per cent lift in ...
Tags: Collins Foods, Agriculture