Japan-based Mitsui has announced an agreement to acquire 15% stake in Turkey’s integrated packaging manufacturer Sarten Ambalaj Sanayi ve Ticaret. In a statement, Mitsui said that it will acquire the stake after accepting a ...
Brazilian private equity firm 3G Capital Partners is in talks to acquire American Food Company Kraft Foods, in a deal potentially valued at more than $40bn. According to people familiar with the matter, the private equity firm would ...
Tags: Kraft Foods, market, brands
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
Driven by its wholesale business, for the fiscal year ended January 31, 2015, net sales at apparel marketer and NASDAQ listed G-III Apparel Group surged 23 per cent year over year. Net sales for the fiscal year ended January 31, 2015 ...
Tags: G-III Apparel Group, Apparel
Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. The combination will bring together two leading sports protection and performance companies with complementary product lines and a shared ...
Tags: Shock Doctor Sports, McDavid, Sporting Goods
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed communications networks, ...
Tags: NeoPhotonics, transceiver
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has signed a sales representative agreement with Infinity Sales, a semiconductor manufacturers' representative in Southern ...
Tags: Oclaro, semiconductor, optical transceivers
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) is collaborating to demonstrate a single-mode 400G module in ...
Tags: 400G module, semiconductor, transceivers
Revolve, an online and retailer for premium millennial fashion said it has acquired Alliance Apparel, which will bring brands like Lovers + Friends, Tularosa and NBD under the Revolve portfolio. In a press release, Revolve also added ...
Tags: Revolve, millennial fashion, Apparel
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
Schur Pack Germany, makers of folding boxes, is building a 28,000 square metres folding box facility with an investment of around €70m, said to be one of Europe's most modern. The company is making this investment at the future ...
Tags: Schur Pack Germany, folding boxes
Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
Kellogg’s responds to CHOICE’s sugary cereals accusations and Health Star ‘failings’ Breakfast cereal manufacturer Kellogg’s has responded to the recent accusation by consumer group CHOICE, which claimed the ...