InterContinental Beverage Capital (IBC) has signed an advisory agreement with Miami Bay Beverage Company (MBB). According to the agreement, IBC will provide strategic business and financial guidance and services aimed at refining the ...
The UK's second biggest cigarette company Japan Tobacco International (JTI) has joined the fray, filing a lawsuit against the government's mandate for plain packaging. JTI's suit follows similar actions taken by Philip Morris ...
Once implemented, the Goods & Service Tax (GST) may in particular, impact Indian ecommerce retailers, who may witness their costs going up. Costs may move northwards for online retailers or their vendors as they would be liable to pay ...
Tags: Indian Ecommerce Players, Apparel
Coles has seen success but there is a lot more hard work ahead according to Managing Director John Durkan. Speaking at a strategy briefing day last week, Durkhan looked back on the wins and losses over the last year for the supermarket. ...
Tags: Coles, in-house brands
Global packaging and paper group Mondi has agreed to acquire two extrusion coating facilities from Walki Group for EUR60m. The transaction includes Walki's industrial packaging facilities in Pietarsaari, Finland and Wroclaw, Poland. ...
Tags: paper packaging, Packaging
SPC Ardmona, an Australian fruit packing company owned by Coca-Cola Amatil, has opened the phase I of the $100m modernisation and renewal project at its fruit processing plant in Shepparton, Australia. The new SPC snack line at the ...
Tags: SPC Ardmona, fruit packing
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
Louis Vuitton is the world's most valuable luxury brand according to Forbes list of world’s most valuable brands. It ranks 14th on the Forbes list of world’s most valuable brands. A division of LVMH, Louis Vuitton’s ...
Tags: Louis Vuitton, luxury brand
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
Inaugurating a textile park at Nandgaonpeth MIDC (industrial colony) near Amravati on Thursday, Maharashtra Chief Minister Devendra Fadnavis said such parks would be established in eight other places in the state's cotton-belt, according to ...
Tags: Textile Parks, Cotton Belt, textile
A study by German market intelligence firm GfK has found the situation for retail in crisis countries in Europe has improved. GfK has carried out a comprehensive analysis of the retail scene in 32 European countries. The study examined ...
Tags: European Economy, German market
Textiles secretary SK Panda has expressed optimism about the future of the handloom sector. At a meeting in New Delhi to discuss the revival of handloom, with particular focus on increasing earning of handloom weavers, Panda asserted that ...
Tags: Handloom Sector, Textile Ministry
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
The Peek&Cloppenburg KG Group in Hamburg, Germany, a leading multi-label fashion retailer, has recently deployed TXTPlanning as its corporate merchandise planning platform, software by TXT Retail, leading provider of integrated and ...
French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...
Tags: Poultry Exporter, Doux, food service