American Express, which in recent years has been reining in costs to counter sluggish revenue growth, said expenses rose 3.5 percent to $3.60 billion in the fourth quarter, driven mainly by marketing costs and salaries. American Express Co ...
China has great potential for electric vehicles thanks to the country's favorable policies and promising market prospect, a senior executive of Tesla Motors, a California-based electric vehicle design and manufacturing corporation, said ...
Tags: Tesla, Electric Car
Forklift industry sales results for 2014 show that Toyota Material Handling Australia (TMHA) retained overall national forklift market leadership for the sixth consecutive year. TMHA says it also extended its uninterrupted dominance ...
Nora Lighting Executive Vice President Jilla Farzan spearheaded a team effort to raise funds and donate building materials for Homes For Our Troops, a privately-funded non-profit organization that builds specially-adapted homes for vets who ...
Tags: rail systems, recessed lighting, multiple lighting systems, Lights
Sports MASH Holdings, which is controlled by Mike Ashley, reduced its stake in Sports Direct International Plc by 2.57 percent to 55.14 percent by selling 15.4 million ordinary shares for roughly $168 million on Jan. 20, the British ...
Tags: economic effect, Sporting Goods
Deckers Brands, which owns the Ugg, Teva, Sanuk, Ahnu and Hoka One One brands, has appointed David E. Lafitte chief operating officer (COO), effective Feb. 2. Lafitte previously served as the company's general counsel and replaces Zohar ...
Tags: manufacturing, IT, inventory management, Sporting Goods
Real Good Food has acquired Rainbow Dust Colours, a cake decoration company, for an initial amount of £4m. An additional cash consideration of £3.5m would be paid in the form of an earn-out based on gross margin achieved in ...
Tags: cake, Agriculture
Etur Textile, one of the largest textile factories operating in Ethiopia, located in Addis Ababa, is set to export its products to markets in Europe and US, according to Ethiopian media reports. According to Adil Basoglu, board member and ...
Tags: textile industry, Textile
Adidas has entered a five year agreement to be the official athletic footwear, apparel and accessory brand of Catawba College, a small liberal arts college in Salisbury, NC that fields 18 NCAA Division II sports teams. Adidas will partner ...
Tags: athletic footwear, Sporting Goods
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects ...
Tags: net sales, Sporting Goods
For coatings producers one of the big benefits of the sharp fall in oil prices in the second half of last year (2014) should be a drop in raw material costs. Some commentators are also predicting a rise in demand due to the effect of ...
Tags: Oil Prices, Raw materials, Construction
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
Arla Foods is integrating its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1st 2015. Asia is vital to Arla's ambitions ...
Tags: dairy export, Agriculture
The Conservation Volunteers is offering retailers a chance to win a fully merchandised Moshi Monsters FSDU this month. National charity, The Conservation Volunteers (TVC) is offering retailers the chance to win a fully merchandised Moshi ...
Tags: gardening toys, Toys
The Hain Celestial Group, a US-based organic and natural products company, has announced that its subsidiary Hain Pure Protein Corporation (HPPC) has entered into a new agreement with Panera to supply Plainville Farms breast meat raised ...
Tags: vegetarian diet, breast meat, Agriculture