Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
Nomad Holdings Ltd. has agreed to acquire Iglo Foods Holdings Ltd., said to be Europe’s largest branded frozen food company, from Permira Advisers LLP in a deal worth €2.6bn. Subject to customary closing conditions, Nomad ...
Tags: Iglo Foods, Nomad
General Motors (GM) and SAIC Motor’s joint venture, Shanghai GM is planning to invest CNY100bn ($16bn) over the next five years, to develop new vehicles. The automaker intends to develop ten new or upgraded models each year until ...
Tags: General Motors, SAIC Motor, new vehicles
PSA Peugeot Citron (PSA) and General Motors (GM) will be manufacturing small light commercial vehicles (B-LCV) from their respective brands at the PSA plant in Vigo, Spain. The arrangement is a part of the existing alliance between the ...
Tags: commercial vehicles, PSA, General Motors
PSA Peugeot Citron and China-based Dongfeng have agreed to develop a technology platform for small cars. The companies will invest around €200m to create a global platform to manufacture B and C segment vehicles under the Peugeot, ...
Tags: PSA Peugeot Citron, Dongfeng, Small Cars
Italian company Fulgar, world leader in the production of nylon and covered yarns, has changed to a more contemporary and representative image to draw attention to the raw material - Fulgar Italian yarn - from which a wide range of fabrics ...
Tags: Fulgar, nylon, covered yarns
FabricLink Network has chosen WoolVisions, the intimate blend of CoolVisions dyeable staple polypropylene with wool as one of its Top 10 Textile Innovations for 2014–2015. The innovative intimate blend of CoolVisions staple ...
Tags: FabricLink Network, WoolVisions, Innovations
As part of the Texprocess Forum programme, the International Apparel Federation (IAF) is organising a panel discussion titled ‘Making technology work in fashion’ in Hall 5.0 C06 on May 5, 2015. The panelists of this session ...
Tags: Panel Discussion, Texprocess Forum
Oeko-Tex has added a new product to its service portfolio; ‘Made in Green by Oeko-Tex’, a traceable product label which allows for communication throughout the supply chain all the way to the end user. The label ensures ...
Adidas has partnered with Parley for the Oceans, a program dedicated to raising awareness about fragility of oceans and to collaborating on projects that can end their destruction. Together, Adidas and Parley for the Oceans will ...
Italian fashion retailer Benetton said it has contributed an additional $1.1 million to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC. “This payment of $1.1 ...
Tags: fashion retailer, Benetton, Apparel
The US Fashion Industry Association (USFIA) and the Foreign Trade Association (FTA) have reiterated the importance of concluding Transatlantic Trade & Investment Partnership (TTIP) negotiations as the ninth round of talks got underway in ...
Tags: Fashion Industry, fashion sector
Methods Workshop, the leading provider of engineering and costing software solutions for the fashion and sewn products industries, is set to present its recently redesigned costing software solutions at the Texprocess trade fair in ...
Tags: Costing Software, Methods Workshop, engineering solutions
The second season of All-ways Expo Sourcing-- Hannover Messe 2015 was ceremoniously opened by German Chancellor Angela Merkel in April 13th, 2015. It is renowned as world’s biggest industrial technology trade fair. The headline theme ...
Chinese sports brands plan to invest more in overseas market.Guirenniao Sportswear Co, the Chinese sports apparel maker, hopes to have a tie-up with Best of You Sports SA, also known as BOY, to develop new business opportunities in the ...