Once implemented, the Goods & Service Tax (GST) may in particular, impact Indian ecommerce retailers, who may witness their costs going up. Costs may move northwards for online retailers or their vendors as they would be liable to pay ...
Tags: Indian Ecommerce Players, Apparel
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
Japanese automobile technology firm FOMM is scouting for a local partner to set up an electric vehicle plant in Thailand, picturing the country as a hub for European exports. The unit, estimated to entail an investment of $10m, would ...
Tags: FOMM, Electric Vehicle
For the 13 weeks period ended May 2, 2015, net sales at NYSE listed and apparel marketer Gap Inc were down 3 per cent year over year. Gap Inc.’s net sales declined 3 per cent to $3.66 billion in the first quarter of fiscal 2016 ...
Tokyo is the world’s hottest market for retail expansion, attracting 63 new brands last year as leasing momentum in core areas remained strong, despite mixed signals in the economy and an increase in the sales tax to eight per cent in ...
Kewal Kiran Clothing, a marketer of Killer, Lawman and Easies denim and apparel brands, reported an 18 per cent year on year surge in net sales for the fourth fiscal quarter ended March 31, 2015. In a BSE filing, the Kewalchand Jain led ...
Tags: Kewal Kiran Clothing, denim, apparel
Automotive emissions control systems manufacturer Faurecia Emissions Control Technologies (FECT) is planning to establish a new production facility in Columbus, Indiana. The proposed 400,000ft2 facility will see around $61m in investment, ...
In a latest loss of face for public health advocates, California lawmakers have rejected a proposed tax on sodas and other sugary beverages. The legislation brought in the assembly by Assemblyman Richard Bloom asked to impose an extra 2 ...
Tags: Soda Tax, sugary beverages
Viper enthusiasts with the need for ultimate handling, performance and road course domination, as well as the ability to drive their Viper home from the track, can now place their orders for the fastest street-legal Viper track car ever. ...
Tags: Dodge Viper ACR, track car
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 ...
Packaging, serving sizes and health consciousness will be the key to profit growth for Coca-Cola Amatil according to its CEO Alison Watkins. Speaking at the company’s Annual General Meeting yesterday Ms Watkins said she was ...
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
TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
The Italian Government will be granting incentives to Lamborghini to make the company build an SUV in the country. There is a possibility of Prime Minister Matteo Renzi's government offering tax breaks and other benefits amounting to ...
Tags: Lamborghini, SUV
Global energy drinks company Red Bull has seen its profits in Australia drop for the third year in a row. Red Bull has battled to keep its top place in the Australian market, with strong competition from energy drink V, which is owned by ...
Tags: energy drinks, Red Bull