Feilo Sylvania, a lighting vendor owned by China-based Shanghai Feilo Acoustics, has announced its entry into the Taiwan market by launching LED light tubes, bulbs and streetlamps. Shanghai Feilo Acoustics acquired an 80% stake in ...
Tags: LED Lighting, Feilo Sylvania
German automotive manufacturing firm Continental has become a development partner and system integrator of the collaboration between BMW Group, Intel and Mobileye for automated driving. It is the goal of the BMW Group, Intel and Mobileye ...
Tags: Continental, Autonomous Driving
Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
In its trading statement for the 26 weeks period to July 25, 2015, UK fashion retailer Next reported a 3.5 per cent year over year hike in full price sales. “Next full price sales for the first half of fiscal 2016 grew 3.5 per cent, ...
Tags: Next Retail, Clearance rates, Apparel
Huami Co Ltd expects sales of its Xiaomi Mi Bands will reach 10 million in the third quarter, making it the largest maker of wearable fitness devices in the world. Launched last year, the Mi Band monitors fitness levels and tracks sleep ...
Tags: Wearable Devices, Fitness Devices
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
Net profits surged 17 per cent from a year ago period at Swedish apparel retailer H&M Group for the full fiscal year ended November 30, 2014. The Group’s profit after tax increased to SEK 19,976 million or corresponding to SEK 12.07 ...
Tags: apparel retailer, network expansion, Apparel
China could overtake Germany and Italy to become the biggest market for Daimler AG's mini car brand Smart in a few years, Smart chief executive Annette Winkler said on Saturday. China’s premium car market, currently dominated by ...
Tags: Smart, premium car, Audi
Net sales at women’s apparel retailer, Christopher & Banks slipped 6.35 per cent year on year for the thirteen week period ended November 1, 2014, a reflection of its store rationalisation program. Net sales for the third quarter of ...
Radiant Opto-Electronics shipped 11.355 million LED backlight units (BLUs) in November, dropping on month by 6.9%, according to the company. Radiant Opto-Electronics expects December shipments of BLUs used in tablets to slip on month but ...
Tags: LED Blus, Opto-Electronics Ships, Lights
Ford has unveiled an advanced version of its flagship Mustang at the opening ceremony of Ford’s new business unit in Middle East and Africa. The car will be available in two engine variants which include a turbocharged EcoBoost ...
Tags: flagship Mustang, Auto
Germany based apparel marketer, Tom Tailor Group posted a smart turnaround in its net income, which slipped into black for the first time in two years, in the first nine months of 2014. For the first time in two years, Tom Tailor Group ...
Tags: apparel marketer, retail sale, Apparel
Although sales surged 20% from a year earlier quarter at Amazon.com in the three months to September 30, 2014, net loss soared more than ten-fold in the quarter. Net loss rose massively Amazon to $437 million in the third quarter of 2014, ...
Tags: Sales, Amazon, Accessories
Sales of BASF Group grew by 3% compared with the previous third quarter, reaching €18.3 billion. A sharp rise in volumes in the Natural Gas Trading business sector was mainly responsible for this growth. Income from operations (EBIT) ...
Tags: BASF, Construction Coating
Rohm upgraded its earnings forecast for the April-September half, raising guidance for net profit to 19 billion yen ($178 million), up 55% on the year and some 9 billion yen higher than previously predicted. Sales of the Japanese ...
Tags: Smartphone Electronics