A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
Packaging solutions provider Coveris has invested in two Hosokawa Alpine coextrusion lines to expand its business in food and consumer sectors across the UK. Coveris signed an agreement with KPMG, the administrators of Gelpack Excelsior, ...
Over the three months to April, non-food retail rose by 0.3 per cent while online sales of non-food products were up by 8.2 per cent over the same period. In store sales fell 1.3 per cent. UK retail sales have registered their biggest ...
Tags: Late Easter
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
Tags: BRC-KPMG
Online sales of non-food products in the UK continued to outperform the market in July, growing 11.2% YOY. This is lower than the above-trend growth of 14.7% seen in July 2015, but up from the previous month (9%) and in line with the ...
Tags: online sales
Coles has come fourth in a LinkedIn data list naming the top 25 Australian companies best at attracting and retaining top talent. The top position went to accounting firm, KPMG, however Coles was the highest ranking company in the food ...
Tags: Coles, food and beverage industry
Online retailer Trod - the largest member of the Toymaster Group - revealed it was entering administration earlier this year. Independent toy buying group Toymaster remains confident in its future despite the loss of its largest ...
Tags: Toymaster, Trod Ltd, Ian edmunds
Bournemouth-based retailer Beales has secured a rescue package in the form of a CVA, which will see rent cut at 11 of its 29 stores, reports The Guardian. In a process similar to that which took place at BHS earlier this week, Beales' ...
Tags: Beales, CVA, Rescue package
Furniture was again the top-performing category and the main contributor to retail growth in February, according to the latest BRC-KPMG Retail Sales Monitor. After hitting a record of +16 in January, GfK’s Major Purchase Index ...
Tags: Furniture, retail sales
Blumberg Grain, a US-based food security company, opened its command and control center, as part of the government of Egypt's Shouna Development Project. The launch, which was attended by VIP guests and dignitaries, took place onsite at ...
Tags: Blumberg Grain, a US-based food security company, Agriculture
Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report. The report, by auditor KPMG, Chinese e-retailer ...
Tags: luxury items, smartphones
In the busy shopping area of Solana in Beijing's Chaoyang district, young women and men dressed in the latest fashion wander around the mix of foreign clothing stores carrying their latest purchases. In this trendy commercial landscape, ...
Tags: H&M, GAP, Apparel Brands
Spurred by the summer weather and fixed interest rates, the group is hopeful consumer confidence will 'ride high into August'. Total UK retail sales have seen a 2.2 per cent lift on a like for like basis from July 2014, as improved ...
Kitwave Wholesale Group, an independent UK wholesaler of FMCG products, has added an eleventh company to its group following the acquisition of Angelbell by acquiring Hulleys Frozen. The acquisition is an excellent fit within the Kitwave ...
Tags: Kitwave Wholesale Group, FMCG products, frozen food, food production