LG has just revealed its latest offering to home appliances at CES 2015 – a twin-drum washing machine. The new front-loading washer sports LG’s new Twin Wash system, which lets two separate loads be washed simultaneously. ...
Tags: LG, CES, Consumer Electronics
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
Sales at Khadi Gramudyog Bhawan, New Delhi have zoomed 125 per cent in October compared to sales in the same period last year, according to a statement from the Ministry of Micro, Small and Medium Enterprises. “This follows a call ...
Tags: Khadi Sales, Textile
The average customer satisfaction score for Amazon slipped five points to 83 to tie with QVC for the highest score among the top 100 e-commerce sites measured over the holidays, likely because of increased price competition, according to ...
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in ...
Tags: auto market, carmakers
Hong Kong-based Hanergy Thin Film Power Group Ltd says that its subsidiary Beijing Jing Cheng is investing in the construction of a 300MW flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic (PV) module production line in ...
Tags: PV Module, Production Line, Electrical
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other ...
Tags: diamond industry, diamond market
Ming-Qing Export Porcelain from Shanghai Museum and the Palace Museum exhibition is ongoing in the Palace Museum. [Photo by Jiang Dong/China Daily] An exhibition at the Palace Museum reveals rare artifacts from ancient China's ...
Tags: Porcelain Vessels, Porcelain
French investment group Wendel Group has agreed to acquire Austria-based Constantia Flexibles where the latter has been valued at €2.3bn ($2.8bn). As a part of the transaction, Wendel intends to support Constantia Flexibles over ...
Kids apparel market in India is growing at a compound annual growth rate (CAGR) of 20 per cent, due to rising media exposure, high disposable income of the parents, peer pressure and brand consciousness among children, according to The ...
Tags: Apparel Market, Kids Apparel
The average selling price (ASP) of ultrabooks and tablets declined by 7.8% in 2014 as the market matured and commoditized, allowing these devices to become more affordable in all markets. According to ABI Research, the average weeks of ...
Tags: ultrabooks, tablets
Holiday sales as compared to overall annual retail sales have been trending downward for about a decade. Holiday sales in 2013, at $663.5 billion, were 18.7 percent of overall retail sales, well below the peak of 19.6 percent seen in 2004. ...
Tags: Gifts, Shoppers, Sporting Goods
DFS reports "continued strong momentum" in its latest financial report, covering the 13 weeks ending 1st November 2014. The quarter saw continued momentum in sales and EBITDA for DFS, with group gross sales up 15.3% to £197m (2013 ...
Tags: selling space, Furniture
U.S. jewelry and watch sales across all channels rose a preliminary 1.4 percent year on year in November, the month that marks the beginning of the Christmas-shopping season. While the increase was disappointing, compared with the ...
China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year. Huawei executives hope to emulate the phenomenal growth of Xiaomi, which broke into the global top ...