British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear
Manitou Australia has signed a long-term distribution agreement with NTP Forklifts Australia to handle the sales and service of Manitou rough terrain materials handling products in Sydney and the greater Sydney region including Newcastle ...
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Beginning next year, the textile industry in Taiwan will have to mandatorily take energy conservation measures, as per a directive of the Ministry of Economic Affairs (MOEA), according to local media reports. In its effort to improve ...
Tags: textile manufacture, energy saving, MOEA, textile
Vietnam’s textile and garment sector continues to be a magnet for FDI. While FDI in Vietnam has fallen significantly in the first six months of 2015, it rose sharply in the textile and garment sector, according to the country’s ...
Tags: textile industry, FDI, garment
Mars Chocolate North America is planning to invest $100m in the expansion of its manufacturing site in Topeka, Kansas, a move that brings its total investment to $430m in the site. As part of the expansion, the company broke ground on a ...
Tags: Mars Chocolate, M&M's Candy, Candy, Chocolate
China's big players are gearing up for a price war in the high-end smartphone sector, and the only big winner will be the consumer. Xiaomi Corp, Huawei Technologies Co Ltd and ZTE Corp's Nubia have all rolled out new products in what has ...
Tags: high-end smartphone, smartphone
Sports car manufacturer Porsche, an arm of German automotive giant Volkswagen, will pump in more than Eur1.1bn for modernizing its manufacturing units for launching more car variants by 2020. The initiative comes under an agreement, ...
Tags: automobile manufacture, Porsche, Volkswagen, Sports car
Haiti’s apparel sector has just got a shot in the arm. The International Finance Corporation (IFC), a member of the World Bank Group, has decided to invest $4 million to help The Willbes Haitian S.A., a subsidiary of South Korea-based ...
Tags: apparel manufacture, IFC, knits, sweaters, woven products, microfibers
Japanese automotive test systems firm Horiba has acquired the vehicle engineering, research and product testing business of UK-based Mira, extending its portfolio to next generation mobility. The new entity, henceforth known as Horiba ...
Tags: automobile manufacture, auto parts, auto accessories, Horiba
McCain Foods is planning to invest $10m in the expansion of its Smithton potato processing plant in Tasmania, Australia. Work under the expansion includes the installation of a new $1.6m packing line at the facility, which produces french ...
Tags: food manufacture, vegetable, McCain Foods, potato processing plant, popato
Fiat Chrysler Automobiles (FCA) will invest over $166m in three new press lines at Sterling Stamping Plant in Michigan, US to meet the rising demand for body panels and assemblies. The new additions, expected to become operational after ...
Tags: FCA, body panels, auto accessories, Sterling Stamping Plant
Spencer Coatings Limited, the East Midlands-based industrial coatings manufacturer, has announced the acquisition of West Bromwich-based Protega Paints in a multi-million pound deal. The company enjoys a rich heritage in the industrial ...
Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ...
Tags: Murray Goulburn's share, agriculture and beverage, dairy processor, milk
Working in partnership with BusTech, Swinburne University of Technology has helped develop the first electric bus to be designed, engineered and manufactured in Australia. The first concept demonstrator bus has been unveiled at the ...
Tags: new electric bus, auto parts and accessories, vehcile technology