South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...
Tags: Brait, Apparel Retailer, Apparel
Australia's 14 million shoppers have shifted their shopping habits over the last decade according to the work of Roy Morgan Research. The key determinants in grocery shopping habits include food safety, location and good value. ...
Tags: shopping habits, food safety, good value
For its fiscal second-quarter 2015 (to end-March), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber-optics market) has reported revenue of ...
Tags: fiber-optics, Emcore
China's State Council has unveiled a ten-year national plan, Made in China 2025, designed to transform China from a manufacturing giant into a world manufacturing power. The plan, endorsed by Premier Li Keqiang, is the country's first ...
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
JDA Software Group has been positioned by Gartner Inc., in the ‘Leaders’ quadrant of all four magic quadrants focused on supply chain. With the recent release of the ‘Magic Quadrant for Sales and Operations Planning ...
Tags: JDA Software, Textile
Indian carton packaging firm Parksons Packaging has installed a new KBA Rapida 106 printing press. The company is testing the inline cold foiling technology at its Pantnagar plant in Uttarakhand province of North India. The ...
Tags: Parksons Packaging, Cold Foiling
Pakistan will support women businessmen in the garment sector in Bangladesh to upgrade their entrepreneurial skills, according to media reports in the two countries. Pakistani high commissioner Shuja Alam and acting managing director of ...
Tags: garment sector, women garment
China is pushing for exports of industrial capacity, a new economic dynamic. Chinese Premier Li Keqiang will witness the signing of several deals on industrial capacity cooperation in Brazil, the first leg of his Latin America tour, said ...
FGL Sports' retail sales and same store sales were both up 8.6 percent in the fiscal first quarter ended April, 4 as same store sales at its flagship Sport Chek chain grew 8.7 percent, according to financial results released Thursday ...
Tags: FGL Sports, Canadian Tire
Federal Treasurer Joe Hockey last night handed down the government’s 2015 – 2016 budget with some surprises and minor wins for some people in the food sector. The government has stepped away from the harsher politically ...
Tags: Federal Budget, food sector
A joint yoga-tai chi demonstration will take place at the Temple of Heaven in Beijing on May 15 to honor Prime Minister Narendra Modi's maiden visit as head of government to China. Around 200 people from the 'Yogi Yoga' center will perform ...
China's economy is in transition from an industrial economy into a post industrial economy where both international and domestic markets can no longer support high speed growth of industrial sectors. China is facing the possibility of being ...
China's state-owned oil giants Sinopec and China National Petroleum Corp. this month started up dedicated shale gas pipelines that will facilitate deliveries from the only commercial shale gas projects in the country to date as the ...
China's crude oil imports surpassed those of the United States in April, making it the world's largest oil importer, recent data showed. China imported 30.29 million tons of crude oil in April, or about 7.37 million barrels per day, data ...
Tags: Oil Imports, Crude Oil