The data from NPD also predicts that toy sales in Great Britain could reach a record £3.3 billion by the end of 2016. The NPD Group has revealed that less than one per cent of British toy sales belong to the web-connected toys ...
Tags: NPD, toy sales, web-connected toys
US provider of protective packaging materials and systems, Pregis has purchased Easypack, paper-based protective packaging company in UK. The acquisition adds a complete line of paper void fill, cushioning and block / brace solutions, ...
US-based snack maker Snyder's-Lance has announced that its subsidiary Kettle Foods will acquire the remaining 74% stake in Metcalfe's skinny. However, the financial details of the transaction were not disclosed. In January, Kettle Foods ...
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
Skoda announced that it is entering a new auto business segment as part of its overall growth strategy for the 2025. It will be entering snow vehicle market with its new product, Snowman and will introduce its first snow groomer to market ...
Tags: Skoda, Auto Business Segment, Snow Vehicle
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W-equivalent (equiv.) LED light bulbs arrived at US$10.2 in February, down 0.6% from the prior month. The global average price of ...
Tags: Gradual Upticks, LED Bulb
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
China refuted recent U.S. comments warning Europe against granting China market economy status on Wednesday, saying China has been living up to its World Trade Organization (WTO) obligations. Chinese Foreign Ministry spokesperson Lu Kang ...
Tags: Market Economy Status
In an exclusive interview with LEDinside, MLS General Manager Lawrence Lin discussed in-depth the company’s ongoing talks with German LED company Osram to acquire its lighting business at Taipei Building Show organized by Dollar ...
Tags: Osram, LED luminaire, LED lighting
Chinese solar power hardware manufacturer Solar Leading has entered the new photovoltaic (PV) street light product market, which is designed with the aim of providing longer lifetime and low energy consumption lights to cities and ...
Tags: solar power, LED lighting
Originally founded as a supplier of solar power hardware, Solar Leading is expanding its presence into the LED lighting sector under the brand name Senior LED. In conjunction with this announcement, Solar Leading is introducing a new LED ...
McDonald's has announced that as of October 2015, all centrally-sourced packaging that is distributed across its 38 European markets is chain-of-custody certified, with wood fibre coming from recycled sources or forests certified to one of ...
Tags: Mcdonald, wood fibre, board products
Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
Vietnamese apparel and footwear industry is looking for opportunities to re-enter Eastern Europe through the Czech Republic, the country's newspapers have reported. Representatives of Hanoi apparel and footwear businesses met Czech ...
Tags: apparel, footwear industry