A subsidiary of Flagship Food Group has acquired various assets of Glutenfreeda Foods, including its brand portfolio and its USDA manufacturing facility near Seattle, Washington. Terms of the transaction were not disclosed, but Flagship ...
Tags: Glutenfreeda Foods, Flagship Food
Georgia-Pacific has announced that its Palatka, Florida, mill has been selected as the location for the company's previously announced investment of more than $400m in its GP Consumer (retail) tissue and towel business. The investment ...
Austria-based Erema has unveiled new ReFresher system to produce odourless recyclate from post-consumer material such as household packaging waste. Designed for recyclers and producers, the new ReFresher produces filtrated, degassed and ...
For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...
Tags: Cree Inc, revenue report, LED products
Auckland Airport is to build a state-of-the-art new distribution centre for Fonterra’s New Zealand consumer business (Fonterra Brands New Zealand). Fonterra Brands New Zealand (FBNZ) is scheduled to occupy the new premises under a ...
Tags: Auckland Airport, Fonterra, FBNZ
Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
Sony is reportedly planning to venture into the automotive market after Google and Apple. The company is open to collaborate with traditional automakers and said that the advent of electric cars has lowered entry barriers for new ...
Tags: automotive market, Sony, electric cars
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
For its fiscal third-quarter 2015 (ended 28 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $83m, down 13% on $95.4m a year ago and down 4% on ...
Tags: Oclaro, CFP2 Module
For the first quarter ended March 31, 2015, operating income soared 24 per cent year on year at apparel marketer and NASDAQ listed, Columbia Sportswear Company. According to a Columbia Sportswear press release, first quarter of 2015 ...
China's top smartphone companies challenged Samsung and Apple with surging sales and revenue in 2014, vowing to scramble for a larger share in a global turf war with the top two makers. As one of the major competitors, telecom behemoth ...
Tags: Smartphone, Samsung, Apple
Stage Stores, Inc. raised its fourth-quarter guidance while reporting holiday comparable sales grew 6.5 percent for the nine week period ending Jan. 3. Michael Glazer, President and Chief Executive Officer, commented, “We are very ...
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
For its fiscal first-quarter 2015 (ended 27 September 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $89.2m (at the high end of the $83-91m ...