German technical and decorative plastic materials firm Benecke-Kaliko has kicked off work for construction of a new 7,000 square metre unit near its plant in San Luis Potosi, Mexico, for producing Tepeo and Tepeo 2 foils for automotive ...
Tags: Benecke-Kaliko, New Mexican Unit
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
Earlier this year, I blogged about the excitement in China generated by the news that its Dalian Wanda Group planned to invest $1.09 billion to build and operate a luxury hotel in London. At the time of their announcement (made in the ...
Wholesale prices fall from the boom years as oversupply hits the industry Tumbling prices have left the traditional Chinese medicine industry in poor health. Finding the cure will not be easy. Oversupply, poor planning and increased ...
Government's push of e-commerce in rural areas will stimulate online fresh food sales A government-backed drive toward e-commerce can help open up the agricultural sector and generate a rapid increase in incomes for farmers. At a ...
Tags: E-Commerce, Farming, Agricultural
India has risen to 15th position on the back of solid growth in retail sales and strong prospects for future GDP growth, according to global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 that surveyed ...
Tags: India retail, E-commerce, Economy
German automaker Volkswagen has inked an agreement with Chinese joint venture partner SAIC Motor for expanding its main Shanghai Volkswagen (SVW) plant in Anting for electric vehicle production in China. The agreement was inked between ...
Tags: Electric Vehicle
Japanese food producer Ajinomoto will enter the Indonesian bread market to ramp up expansion of its consumer foods business in the country as well as build a frozen noodle production plant in the US. The company will establish Ajinomoto ...
Tags: Frozen Noodles, Food
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
Smithfield Foods, a subsidiary of WH Group, has divested its 37% stake in Campofrio Food Group to Mexican firm Alfa for $354m. Based in Spain, Campofrio offers processed and canned meat, derivatives from pork and beef by-products, and ...
In addition to its current extensive portfolio of inorganic pigment products, specialty chemicals company LANXESS will promote its line of new red shades at the Eastern Coatings Show in Atlantic City, New Jersey from June 1 – 4. ...
French tire firm Michelin has made available its Premier LTX tire with EverGrip technology for light trucks, SUVs and crossovers at more than 10,000 authorized dealer locations in North America. The tires, available in 47 sizes from ...
Tags: Tire, Tyre, Auto Parts
Despite significant regional challenges, international retailers are taking the long-term view on investments in developing markets and are persisting in finding solutions, according to global management consulting firm A.T. Kearney. The ...
Tags: Global Retail, Retail
China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data. The reading has remained above 50, the separation between ...
Tags: Manufacturing, PMI
China's service sector activity expanded in May, but at a slower pace, an official monthly survey showed on Monday. The purchasing managers' index (PMI) for the non-manufacturing sector fell to 53.2 in May, down from 53.4 for April, ...
Tags: Non-Manufacturing, PMI, Economy