Levi Strauss & Co announced leadership changes in its executive team with the creation of regional presidents for the Americas, Europe and Asia. This is part of a natural evolution of the company’s organization structure to further ...
Tags: Levis, Regional Presidents
Infosys posted strong revenue growth in the second quarter as demand picked up in key markets including the U.S. However, the Indian outsourcer's net profit grew only 0.5 percent year on year as the company increased salaries for staff in ...
Tags: Computer Products
Indian Textiles Minister K. Sambasiva Rao has urged apparel manufacturers in the country to increase their export target to US$ 20 billion for the current financial year 2013-14. The Apparel Export Promotion Council (AEPC) has raised ...
Tags: Apparel
On July 11, SemiLEDs, a developer and manufacturer of LED chips and LED components, issued its financial results for Q3 of fiscal year 2013, ended May 31, 2013. Revenue for Q3 of 2013 was $3.5 million, a decrease of 62% over the $9.2 ...
Bangladesh’s export earnings from jute and jute goods in the fiscal year 2012-2013 showed an increase of 6.54 percent over the previous year, according to the Export Promotion Bureau (EPB) data. Bangladesh’s earnings ...
Tags: Jute Exports, Textile
It's reported that India's steel giant Tata Steel announced its sales result for the first quarter of the fiscal year 2013/14 ended on June 30th. In the first quarter of the fiscal year 2013/14, the company's sales totaled 2.01 million ...
Tags: Steel
National Beverage Corp (NBC), a Florida-based developer, manufacturer, and distributor focused on flavored soft drinks, has reported net sales of $662m for fiscal year (FY) ended 27 April 2013, an increase of 5%, compared to net sales of ...
Tags: National Beverage, beer
Swedish home furnishings giant Ikea broke ground Tuesday on its planned 359,000-square-foot store here. The store, on an 18.4-acre tract at Interstate 35 and Johnson Drive, southwest of Kansas City, Mo., is slated to open fall 2014. The ...
Tags: Ikea, Furniture, Furnishing
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that the University of North Carolina (UNC) has selected Cree LED lighting to help its institutions operate more efficiently and cost-effectively. The university's ...
Tags: LED Lighting, LED, Electrical, Electronics, LED chip
Recently, Neo-Neon announced the consolidated results for the year ended 31st March, 2013. The revenue during the notice period is 827 million Hong Kong dollars (HKD) (about 654 million Yuan), a decrease of 23.69% over the previous year; ...
Tags: Lights, Lighting, LED, LED lighting industry
Bangladesh, especially the northern part of the country, is expected to have bumper jute production this season owing to favourable climatic condition and adoption of latest farming technologies by jute growers, according to the Department ...
Tags: Jute Production
Driven by double-digit increases in its wholesale and retail divisions, Bassett Furniture Inds. said second-quarter sales rose 20.4%. It marked the third straight quarter in which sales were more than 20% ahead of the same quarter the ...
Tags: Furniture, Furnishing
The Government of Nepal has provided 2 ropanis (1 ropani = approx. 508.72 sq m) of land for setting up a Handicraft Design and Development Centre (HANDECEN) to the Federation of Handicraft Associations of Nepal (FHAN). The decision to ...
Tags: Handicraft, Textile
Osram Licht AG formally splits from Siemens to become a pure-play lighting company with 80% of the shares initially owned by current Siemens shareholders. Osram Licht AG announced on Friday, July 5, 2013 that its spinoff from Siemens was ...
As part of its ongoing efforts to reduce energy usage by at least $25 million over seven years, the University of North Carolina (UNC) General Administration has selected high-performing LED lighting by Cree, Inc. to help system ...
Tags: LEDs, Lights Lighting