After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
Whether they are in the lounge, in the kitchen or elsewhere in their homes, Africans are now being given a front-row view of how their world, and the world of trade, is changing. Their guides are the appliances they use to make their ...
PSS (patterned sapphire substrate) maker Rigidtech Microelectronics is setting up a factory in eastern China with initial monthly capacity of 100,000 PSS and volume production there will begin around the end of 2015, according to the ...
Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
Some first-tier China-based PV module firms have asked Taiwan solar cell makers to supply products on credit from, and the suppliers are considering whether to accept the requests, according to industry sources. These China-based PV ...
Tags: PV Module, solar cell
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
SemiLEDs, a developer and manufacturer of LED chips and LED components, announced its revenues for the second quarter of fiscal 2015 were US$4.6 million, a 56% increase compared to US$2.9 million in the first quarter of fiscal 2015. GAAP ...
Tags: SemiLEDs, LED chips, LED components
LED chip maker Tyntek has reported gross margin of 21.8% for the first quarter of 2015, the highest quarterly level in the past 10 years. Tyntek posted consolidated revenues of NT$861 million (US$27.3 million), pre-tax profit of NT$99 ...
Tags: LED chip, Tyntek, communication devices
For fiscal second-quarter 2015 (to end-February 2015), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.6m, continuing the rebound from the low of $2.3m in fiscal fourth-quarter 2014 and up 56% on ...
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Global marketer of everyday basic apparel HanesBrands said it has completed the acquisition of Knights Apparel, a leading seller of licensed collegiate logo apparel in the mass retail channel. Knights Apparel sells T-shirts, ...
Tags: Knights Apparel, Apparel, basic apparel
US based specialty food distributor The Chefs’ Warehouse has completed the acquisition of Del Monte Capitol Meat and its affiliated companies for an initial price of $185.5m. The initial price of this purchase also includes the ...
Tags: specialty food, meat
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
Berkshire Hathaway has signed a deal to acquire 8.7% stake in Axalta Coating Systems from Carlyle Group for $560m. Under the stock purchase agreement, Berkshire Hathaway will purchase 20 million Axalta's common shares at $28 each. The ...