Spain based Inditex Group, which has notable fashion brands like Zara in its portfolio, said its sales in the twelve months to January 31, 2015, rose 8 per cent year over year. Sales in fiscal 2014 grew 8 per cent from the previous fiscal ...
Tags: fashion brands, apparel market
Specialty chemicals company, Lanxess has announced personnel changes on both the Supervisory Board and the Board of Management. The Supervisory Board has proposed Lawrence A Rosen, member of the Board of Management of Deutsche Post ...
Tags: Lanxess, Specialty chemicals
US-based corrugated box maker Welch Packaging is considering a $16.54m expansion that would help in the creation of 118 new jobs in the next three years. Welch Packaging specializes in making corrugated packaging, boxes and other ...
Tags: Welch Packaging, corrugated box
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
PV demand has started to increase this month, according to EnergyTrend’s observation. End-market demand for high-efficiency cells/modules has also reflected an uptrend. In the end of 2014, 250W 60-cell multi-si module remained the ...
Tags: PV Module, Solar Cell
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
US-based company Premier Distribution Center is recalling nearly 50,953 pounds of pork and beef products over misbranding, according to the US Department of Agriculture’s Food Safety and Inspection Service (FSIS). The recall has ...
As China's financial environment has deteriorated, the performance of its financial leasing industry has been mixed. Financial leasing companies associated with banks have continued to receive adequate liquidity, especially because banks ...
Tags: Bank, Financial Leasing Industry
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...
Tags: HSBC Services, PMI
U.S. jewelry and watch sales across all channels fell 1.9 percent year on year to $4.55 billion in January, according to preliminary figures. Data revealed that jewelry sales fell 1.6 percent to $4 billion, while sales of watches ...
Global seed technology major Monsanto’s Indian subsidiary said it would submit final trial results for its genetically modified (GM) corn to lawmakers within a year. As cited in Reuters, Monsanto India CEO Shilpa Divekar Nirula said ...
Tags: seed technology, Corn