China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in a statement on Friday. Each cigarette will be taxed an additional 0.005 yuan during the wholesale process, effective from ...
Tags: Tax Rate, Cigarettes
Columbia Sportswear Company’s has increased its pan India footprint by adding six more stores to the existing six already operating in India and took the store count to 12. Columbia Sportswear’s Indian distributor, Chogori ...
Tags: Columbia Sportswear, Sportswear
For the first quarter ended March 31, 2015, operating income soared 24 per cent year on year at apparel marketer and NASDAQ listed, Columbia Sportswear Company. According to a Columbia Sportswear press release, first quarter of 2015 ...
US wholesale energy provider Southern Power, a subsidiary of Atlanta-based Southern Company, has acquired a controlling stake in the 32MW Lost Hills-Blackwell Solar Facility in California from cadmium telluride (CdTe) thin-film photovoltaic ...
Tags: Solar Facility, Solar Cell
The National Development and Reform Commission, the nation's top economic planner, said on Friday that retail prices of gasoline would be hiked by 300 yuan ($48.55) a metric ton, or 0.22 yuan a liter from Saturday, while diesel prices would ...
Tags: Gasoline, gasoline prices
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical transport networking systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), says that Japan Internet Exchange Co ...
Tags: Infinera Corp, digital optical
China's eastern city of Yiwu, the world's largest wholesale market for small consumer goods, will hold its first imported commodities expo this June. About 1,200 companies will attend the four-day expo, which will be held at the Yiwu ...
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 2.33 per cent for March 2015 (over March 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
Last week, the developing crop weather story in the Midwest was one of dry soils and their potential for impeding early spring fieldwork and planting. As this week begins, it looks like Mother Nature's going to bring some much-needed ...
Lagunitas Brewing has inked an agreement with Ace Distributing to expand its beer distribution extensively in Pennsylvania, the US. Lagunitas beers will be available throughout York, Adams, Franklin, and Fulton counties, from Thursday. ...
Tags: Lagunitas, production facility, Food
Costco Wholesale Canada has recalled Kirkland Signature brand roasted chicken salad over possible Listeria monocytogenes contamination. According to Canadian Food Inspection Agency (CFIA), Costco has recalled two of its roasted chicken ...
Quiksilver, Inc., one of the world’s leading outdoor sports lifestyle companies, has promoted Pierre Agnes, president of Quiksilver, Inc., as the chief executive officer and added to the Board of Directors. In addition, Greg ...
Tags: Quiksilver, outdoor sports Apparel
Net sales for the fourth quarter ended December 31, 2014 at NYSE listed clothing distributor and retailer, American Apparel, Inc were down 9 per cent year over year. Net sales for the fourth quarter of 2014 declined 9 per cent from the ...
Tags: American Apparel, clothing