Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
Automobile major Skoda has armed its Superb vehicle with Canton sound system carrying twelve speakers and an additional amplifier mounted under the driver’s seat. Developed by loudspeaker-manufacturer Cantonensures, the system ...
Tags: Skoda, Superb vehicle, amplifier
Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
German automotive major BMW has hinted on the possibility of another ‘i’ electric car variants when it comes to taking a call on new models. This has been informed by Harald Krueger while interacting with German newspaper ...
Tags: BMW, electric car, passenger car
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
German automotive giant Volkswagen (VW) has for the first time edged past Japanese carmaker Toyota to rise to the numero uno position in automobile sales during the first half of the current year. VW managed to sell 5.04 million units ...
Tags: Volkswagen, Carmaker, emerging markets
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
German petrochemicals producer BASF said July 24 that it expected the economic slowdown in China, margin volatility and growth uncertainty in Europe to be the biggest risks to growth for its chemicals division during the second half of the ...
Tags: Petrochemicals, oil
German automobile manufacturer BMW has launched its X6, the Sports Activity Coupe (SAC) in India. Philipp von Sahr, President, BMW Group India said, "BMW established the Sports Activity Coupe (SAC) segment with the introduction of BMW X6 ...
Tags: automobile manufacture, BMW, BMW X6
German automobile major Volkswagen has armed its midsize sedan Passat with a head-up display capable of providing relevant trip data and alerts to the driver’s primary vision field. The display screen has a slide-out pane which ...
Kwaithong Motor will pump in $0.14m to set up an assembly unit for electric vehicles in Thailand with a view to catering to the domestic and Association of Southeast Asian Nations (ASEAN) markets. Set to come up in Greater Bangkok, the ...
German engineering and electronics firm Bosch has joined hands with Dutch map and traffic information provider TomTom (TOM2) to develop high-precision maps with a view to assisting automated driving. As part of the agreement, TomTom is ...
Tags: Automated Driving, Bosch, electronics
A.Monforts Textilmaschinen has developed three variants of heat recovery systems for new Monforts ranges like the integrated heat recovery system, the ‘Energy Tower’ and the ‘Eco-Booster’. According to Monforts, ...
German automobile major Opel has introduced an advanced seating technology for its new Astra, riding high on the principles of ergonomics to ensure a long-distance travel seating comfort. Conforming to the norms laid down by AGR ...