The short term support package announced by the UK Chancellor has been welcomed by the British Retail Consortium (BRC) which said that it will be of enormous help to those struggling to keep their businesses open on the high street. The ...
Tags: rates system, existing system, Apparel
Pre-owned packaging and processing machinery Sigma Packaging is investing $5.51m to purchase and equip a new 231,000 ft2 facility in Evansville, Indiana. The expansion will help in creating around 43 new jobs by 2018. The facility will be ...
Tags: machine rentals, retrofits, upgrades, Agriculture
American-style cheese manufacturer Glanbia Foods is set to invest $82m in a bid to expand its manufacturing and production plants in Gooding and Twin Falls, Idaho, US. With this investment in manufacturing processes, Glanbia aims to ...
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
Stressing the major impact hunting and recreational shooting have on Oregon's economy, a broad group of local and regional leaders representing sporting organizations, small businesses and retailers today announced the launch of Hunting ...
Tags: Hunting Works, Sporting Goods
Importers who purchased tires from Giti Tire Group or Cooper Kunshan are exempt from the 90-day retroactive tariffs imposed by the United States Department of Commerce (DOC) on consumer tire imports from China. The DOC “individually ...
Tags: Retroactive Tariffs, Auto
The Valspar Corporation has reported fiscal fourth quarter 2014 net sales of $1.2 billion, an increase of 11 percent over the prior year. Reported net income and earnings per diluted share for the current year include nonrecurring items, ...
G-III Apparel Group, Ltd. reported that organic net sales increased 12 percent in the third quarter ended Oct. 31 and by 21 percent including results at G.H. Bass, which it acquired in November 2013. The brand management company, which ...
Tags: Outwear Sales, Sporting Goods
Cooper Tire & Rubber Co. will sell its 65% ownership in Cooper Chengshan (Shandong) Tire Co. Ltd (CCT) to Chengshan Group Co. Ltd. for approximately $262 million. “Resolving the ownership of CCT has been a key goal for us, and we ...
Tags: Cooper Tire, Cooper-branded products, Auto
Fairfax Media claims supermarket growth focus on ‘Junk’ food and cigarettes – confidential data leaked Fairfax Media’s Sydney Morning Herald and The Sunday Age over the weekend have published their analysis of ...
Tags: milk, Cigarettes, Agriculture
Retailer Target Corporation said its third fiscal quarter ended November 1, 2014 adjusted EPS of $0.54 was above the expected range of $0.40 to $0.50. However, the adjusted earnings per share were 2.9 per cent lower from $0.56 earnings ...
Tags: Retailer, reporting quarter, Apparel
Belgian brewing major Anheuser-Busch InBev is reducing its workforce and consolidating its sales division in the US, citing slump in sales volume. The move will affect employees from various divisions such as marketing and procurement, ...
The garment industry in Myanmar has great potential for growth in the next 10 years, if it works towards development with strategic planning, according to the members of the Myanmar Garment Manufacturers Association (MGMA), Myanmar Times ...
Tags: garment industry, Apparel
By including five key items, Ashland Inc, posted a loss from continuing operations for the fourth fiscal quarter ended September 30, 2014 of $26 million, or $0.35 per diluted share. The fourth fiscal quarter of 2014 results include, five ...
Tags: key items, continuing operations, Apparel
Pilgrim's, a operator of chicken processing plants and prepared-foods facilities, has reported net income for the third quarter of $256m, compared to $160.9m for the year-ago quarter. Net sales for the third quarter rose to $2.27bn from ...
Tags: Pilgrim's, chicken, Agriculture