Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
India’s apparel industry is continuing its upward growth curve with the overall index value recording 6.2 points, according to The Clothing Manufacturers Association of India’s (CMAI) Apparel Index for April-June 2015. Much like ...
Tags: apparel industry, Clothing
China is looking to build a homegrown panel-use driver IC industry in Hefei, China, which will likely threaten Taiwan's IC driver IC sector, according to industry sources. The China government's push to establish the local display driver ...
Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III in order to acquire EWOS, a global leader in salmon nutrition for 1.35 Euro bn. The transaction, which is subject to regulatory approvals, is expected ...
A new £2.5 million fund will give Scottish motorists access to an interest-free loan of up to £50,000 for electric or plug-in hybrid vehicles. The Electric Vehicle Loan is open to anyone looking to buy a new electric or ...
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
The Taiwan Cabinet or its executive ministry plans to spend roughly NT$36 billion (US$1.16 billion) over the next nine years on its “Productivity 4.0” project beginning this year, with the aim of boosting the island's total ...
Tags: Productivity 4.0, 4.0 standards
Electric motors and motion subsystems firm Johnson Electric Holdings will purchase Stackpole International group of companies, an engine and transmission pumps powder metal components supplier for automotive sector in a deal valued at ...
Tags: Electric motors, motion subsystems
The first rapid plug-in car chargepoint, capable of charging vehicles in around 30 minutes, was flagged off as part of the Eden project in Cornwall in the UK. The charging facility, which is among 16 being installed in the county, was ...
Tags: plug-in car, Plug-in vehicles
Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
The European Bank for Reconstruction and Development (EBRD) is undertaking a Near-Zero Waste initiative in Turkey, by funding recycling setups, green initiatives and technologies that cut down on packaging waste. The program, which also ...
Tags: packaging, EBRD, packaging material, packaging waste
Spain-based plastics technology centre AIMPLAS is spearheading a project called SINTEPOL that aims at finding new ways of biopolymer synthesis and modification routes through reactive extrusion processes. Biopolymers are produced from ...
Tags: packaging, packaging material, plastics
London-based Opera Investments plc (which was formed to acquire businesses or or assets in the natural resources sector) has reached a non-binding heads of terms agreement to acquire SoloPower Systems Holdings Inc of Portland, OR, USA for ...