Pharmaceutical packaging maker Gerresheimer is buying plastic vials and oral drug closures maker Centor US Holding for $725m, under an agreement signed with Nemera Development. The transaction, involving an all-cash acquisition that is ...
For the second quarter ended June 30, 2015, apparel sales at German sports goods and sportswear marketer Puma were broadly flat at € 263.3 million from the same quarter of previous year. “This is against high comparables in the ...
Tags: sports goods, sportswear
Xidelang Holdings (XDL), China-based manufacturer of sports and leisure wear, has signed an agreement to acquire the entire existing business and undertakings of Jinjiang Yangsen Garments Company, including all of its assets and certain ...
Tags: sports wear, leisure wear
In its trading statement for the 26 weeks period to July 25, 2015, UK fashion retailer Next reported a 3.5 per cent year over year hike in full price sales. “Next full price sales for the first half of fiscal 2016 grew 3.5 per cent, ...
Tags: Next Retail, Clearance rates, Apparel
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
Revenue for the three months to June 30, 2015 at speciality chemicals producer Eastman Chemical Company rose 3 per cent year over year. “Revenue for the second quarter of 2015 amounted to $2.5 billion, up 3 per cent over the same ...
Tags: turbine oil, chemicals
Net income at US based value-added and recycled fibres producer Unifi, Inc climbed 46.52 per cent year over year for fiscal ended June 28, 2015. A Unifi press release informed that net income for fiscal 2015 totaled to $42.2 million or ...
Tags: textile manufacture, fibres
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
The Chinese government will allow prices of several agricultural goods to float freely in the market in an "historic adjustment," state media reported Tuesday, as high domestic prices struggle to cope with a downtrend in the global ...
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories
Development of the smart lock market has become active in Japan recently. Led by the launch of the 'Akerun' smart lock by Japan-based Photosynth, other vendors including Sony and Denmark-based Poly-Control have also stepped into the ...
Tags: Smart Lock, lock, smartphones
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into a definitive agreement to sell its ...
The final ruling of U.S.’s review of 2012 anti-dumping and countervailing duties (AD/CVD) against certain Chinese PV cells addressed the importance of PV capacities in countries out of China and Taiwan. The AD/CVD rates for PV cells ...
For fiscal third-quarter 2015 (ended 31 May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $3.5m, down 23% on $4.6m both last quarter and a year ago but at the mid-point of the $3-4m guidance range. ...
Tags: SemiLEDs, LED lighting
Multi brand online retailer Bluestem Group completed acquisition of Orchard Brands Corporation, also an online retailer of multi-brand family of 13 catalogue and ecommerce brands. The deal, according to a Bluestem Group press release, has ...
Tags: apparel, Orchard, Bluestem Group, private label