In 2014, although sales fell marginally, operating result or EBITA more than doubled as compared to the previous year at the Logwin Group. In a press release, Logwin Group said EBITA surged to €25.1 million in financial year 2014 as ...
Tags: Logwin Group, Textile
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
“All India kappas (raw cotton) arrivals have touched approximately 3 crore bales and CCI cotton procurement has crossed approximately 80 lakhs bales till now,” informs the fortnightly report of Indian Cotton Federation. It ...
Tags: India kappas, raw cotton, cotton
Preliminary figures released by Austria based producer of specialty viscose fibres indicate that its consolidated sales declined marginally in 2014 from 2013. Consolidated revenues of the Lenzing Group slipped slightly to €1.86 ...
Tags: Lenzing, viscose fibres, Textile
American food firm J. M. Smucker Company has completed the acquisition of Big Heart Pet Brands in a cash and stock transaction valued about $6bn. J. M. Smucker, which offers food products including peanut butter, jam and Folgers ...
Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report. The ‘Digital Commerce Report 2014’ released by the Internet and Mobile ...
Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement ...
Tags: ASX delisting, First Pacific, Food
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems for communications, defense & security, aerospace and industrial markets) has entered into a definitive ...
Tags: Microsemi, Vitesse, Electronics
Fans have chosen the cities, with four million votes have been cast from 182 countries worldwide. Hasbro has revealed the cities that fans have selected to grace the board of the upcoming Monopoly Here & Now: World Edition. For the ...
Tags: Monopoly Here&Now, Hasbro, Toys
LED packaging service provider Everlight Electronics has acquired an existing factory in central Taiwan from optical disc maker Ritek at a price of up to NT$1.3 billion (US$41.3 million) to expand production capacity by 25%. Production at ...
In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...
Tags: Lanxess, specialty chemicals
In what officials say is a case that sounds worse than it really is, the Vermont Economic Development Authority has foreclosed on SB Electronics and is readying to auction off the property it occupies in the Wilson Industrial Park. Jo ...
Tags: SBE, VEDA, Electronics