Skoda has announced plans to expand the capacity of its Kvasiny plant and Vrchlabí plant in Czech Republic with an investment of CZK 7.2bn ($300m) and €25m respectively. The company has also signed a memorandum of ...
Tags: Skoda, Infrastructure, Auto Parts
As PSS (patterned sapphire substrate) makers have been expanding production capacities, PSS supply has significantly increased and therefore Taiwan-based LED epitaxial wafer and chip makers have asked PSS makers to lower quotes for a 4-inch ...
Revolve, an online and retailer for premium millennial fashion said it has acquired Alliance Apparel, which will bring brands like Lovers + Friends, Tularosa and NBD under the Revolve portfolio. In a press release, Revolve also added ...
Tags: Revolve, millennial fashion, Apparel
Global diamond jewelry demand rose 2.9 percent year on year to $81.4 billion in 2014, according to industry insight data published by De Beers on Friday. The research sets a new high for global demand, but also represents the slowest growth ...
Tags: diamond jewelry, jewelry demand
Australian packaging company Orora has secured a new supply agreement with dairy group Fonterra where the former will supply multi-walled dairy bags to Fonterra’s New Zealand operations. Orora will also construct a AU$20m ($15.25m) ...
Tags: Dairy Bags, Orora, Packaging
Orora has secured a contract from New-Zealand-based dairy co-operative group Fonterra for the supply of multi-walled dairy bags. According to the terms of the agreement, Orora will invest in its manufacturing capacity for the supply of ...
Tags: Orora, dairy products
Toyota is planning to construct its first passenger car assembly plant in Mexico, which will produce Corolla compact sedan. Reuters cited sources familiar with the matter as saying that the company is waiting for the approval of its board ...
Tags: Passenger Car, Corolla, compact sedan
Coatings company PPG Industries has completed the construction of its $40m plant in Sumaré, Sao Paulo, Brazil. The 65,000ft2 plant will produce resin on-site. Resins produced at the Brazilian facility will be used to produce PPG's ...
Tags: PPG Industries, Resins
Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
The export of textiles and garments from Sri Lanka increased by 9.4 per cent to US$ 4.929 billion in 2014, compared to exports of $4.508 billion made in 2013, according to the data from the Economics Research Department of the Central Bank ...
Tags: Textiles Exports, Garment Exports
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
L. L.Bean expects to open its first Ohio store in November 2015. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store will employ approximately ...
Tags: shopping center, fly-fishing, Sporting Goods
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
At the 30th IEEE Applied Power Electronics Conference & Exposition (APEC 2015) in Charlotte, NC, USA (15-19 March), Infineon Technologies AG of Munich, Germany has announced the expansion of its gallium nitride (GaN)-on-silicon technology ...
Tags: Evatec Sputtering, PVD, Electronics
Following the acquisition in December of the semiconductor & nanotechnology business of Oerlikon's Advanced Technologies Segment, Evatec Ltd of Flums, Switzerland (which makes thin-film deposition and etch processing equipment for ...
Tags: Evatec, PVD, Electronics