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DS Smith Completes Acquisition of Corrugated Container Corporation
Jun 11, 2018DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
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Bobst Group Reports Increased Sales Performance in 2017
Mar 7, 2018Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
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Avery Dennison's Sales Increases in Q1 2017
May 2, 2017Avery Dennison has announced preliminary and unaudited results for its first quarter ended 1 April 2017. First Quarter 2017 Results by Segment Organic sales change refers to the increase or decrease in sales excluding the estimated ...
Tags: Avery Dennison, Graphic Materials
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Cree Shares Fall 7% After Reporting 3Q Loss
Apr 26, 2017Cree, Inc. on Tuesday reported financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade. Revenue for the quarter was ...
Tags: Cree, LED Products
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Volkswagen Plans Major Electrification Initiative
Jun 20, 2016Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
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Under Armour Raises Full-Year Guidance After Strong Q1
Apr 22, 2016Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
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Transcontinental to Purchase Ultra Flex Packaging
Sep 11, 2015Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
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JDA Customers Have Been Named to The 'apparel Top 50 for 2015' List
Jul 13, 2015According to JDA Software Group, its 35 JDA customers have been named to the ‘Apparel Top 50 for 2015’ list. “These JDA customers include American Eagle Outfitters, Chico’s, Christopher & Banks and New York & ...
Tags: JDA, apparel and clothing
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Foot Locker Is Targeting Sales of $10 Billion by 2020
Mar 19, 2015Foot Locker Inc. is targeting sales of $10 billion and sales per gross square foot of $600 by 2020, according to new financial targets laid out by the company Monday, March 16. The specialty retailer released its updated strategic goals ...
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Avery Dennison Sees 16% Adjusted EPS Growth in 2014
Feb 12, 2015“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
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Partnering for Impact,a New Corporate Strategy Titled of Novozymes
Jan 26, 2015Novozymes unveiled its new corporate strategy titled, ‘Partnering for impact’, which is accompanied by a new set of long-term social, environmental and financial targets. It also includes a new purpose statement which reads, ...
Tags: biology, financial targets, Textile
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Infineon Technologies AG Closed The Acquisition of International Rectifier
Jan 15, 2015Infineon Technologies AGannounced today the closing of the acquisition of International Rectifier. With effect from today, the El Segundo based company has become part of Infineon following the approval of all necessary regulatory ...
Tags: necessary regulatory authorities, power semiconductors, Lights
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Canadian Establishment Maple Leaf Foods Has to Close Its Plant in Winnipeg
Dec 24, 2014Canadian establishment Maple Leaf Foods has announced plans to close its plant in Winnipeg on 31 December. The Winnipeg plant, which is one of three previously identified for closure next year, will be the sixth closure under a ...
Tags: commercial requirements, financial targets, Agriculture
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Fox Factory Holding Corp. Entered Into a Definitive Agreement
Dec 10, 2014Fox Factory Holding Corp. entered into a definitive agreement to acquire substantially all the assets of the Race Face and Easton Cycling businesses, formerly Race Face Performance Products, Inc. and 0999324 B.C. Ltd. Race Face/Easton ...
Tags: Cycling, Sporting Goods
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Johnson Outdoors Reported Sales Increased 10 Percent to $84.9 Million
Dec 8, 2014Johnson Outdoors Inc. reported sales increased 10 percent to $84.9 million in the fourth quarter ended Oct. 3 compared with $77.3 million in the fourth fiscal quarter of 2013 due to double-digit growth in both Marine Electronics and Outdoor ...