Liquor store chain Licor Zone is to acquire several Mexican tequila distilleries in a bid to become heavy weight in the tequila business. The move comes as several small and medium-sized distilleries may cease their operations or may ...
Tags: Licor Zone, Tequila
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders
Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
Every dollar invested by Australian Wool Innovation (AWI) over the past three years has delivered a $2.90 return to wool growers. “The benefits of AWI's investment in R&D and marketing have been detailed in the recent 'Review of ...
Tags: wool, wool growers
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
For the second fiscal quarter ended August 1, 2015 net income at clothing retailer Guess dipped to $18.3 million, down 16.7 per cent as compared to $22.0 million for the second quarter of fiscal 2015. “Diluted earnings per share ...
Tags: clothing retailer, Apparel, e-commerce sites
EShopbox, an on-demand ecommerce technology and services company, has launched its first-of-its-kind business intelligence platform, eShopbox Insights, exclusively for fashion brands, according to media reports. The platform has the ...
A new nitrogen (N) stabilizer for fertilizer management will be available this spring for growers. CHS Inc. will sell its NBPT-based urease inhibitor, N-Edge. N-Edge is for use with urea, UAN, or manure. It can prevent up to 30% N loss and ...
Tags: Fertilizer, N-Edge technology
Revenues for the three months to June 30, 2015 climbed 11.4 per cent over the three months to March 31, 2015 at Kordsa Global, a Turkish producer of industrial yarn and cord fabric. Kordsa Global's revenues amounted to TRY 869 million in ...
Tags: industrial yarn, fabric
French yogurt maker Danone is improving the distribution of its products in India by combining its Indian dairy business with baby and medical nutrition units. The company has been working for over six months to organize its Indian ...
Tags: healthy products, dairy goods, yogurt
The passage of the Trans-Pacific Partnership (TPP) trade deal would benefit US apparel companies by eliminating textile tariffs between 12 participating countries, says Moody's Investors Service. According to a research paper, the ...
Tags: apparel, footwear, textile tariffs
361 Degrees International Limited, which sells sporting goods through more than 7,400 franchised retail outlets in China, reported sales reached RMB2.2 billion in the six months ended 30 June, up grew 5.7 percent compared with the first ...
Tags: sports goods, 361 Degrees, footware
Li-Ning Company Limited swung to a profit on double-digit sales growth in the first half ended June 30 thanks to 17.0 percent growth at its flagship Li Ning brand and a big reversal in impairment charges to it accounts receivables. The ...
Tags: sports goods, Li-Ning Company, Li Ning sales
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
Laminating and coating machines producer Lacom will introduce at ITMA 2015, a new generation machines for the treatment of flexible substrates. According to a Lacom press release, the key feature of the system is that hotmelt's are not ...