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Oxford Instruments Boosting Asia-Pacific R&D Center at Taiwan's ITRI
Aug 15, 2017Oxford Instruments plc plans to increase personnel at its R&D base at Taiwan’s Industrial Technology Research Institute (ITRI), and to leverage ITRI's R&D capacities to strengthen their cooperative relationship in technology ...
Tags: Oxford Instruments
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Heidelberg UK Managing Director Elected as Picon Chairman
Jul 7, 2017Heidelberg UK managing director Gerard Heanue has been elected as the new chairman of Picon, the confederation supporting UK printing industry manufacturers and suppliers. He succeeds Robert Flather, managing director of Kolbus UK. ...
Tags: Heidelberg, printing industry
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Sainsbury's CFO to Lead Home Retail Group Following £1.4bn Takeover
Jun 14, 2016The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
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Wesfarmers Cleans up Target's Supplier Rebate Arrangements
Apr 15, 2016On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous
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Next Readies Itself For Challenging Year Ahead
Mar 28, 2016Next reports a "solid" performance over its last financial year to January 2016, with Directory (online and catalogue) sales up 8% and Retail 1%. Total group sales rose by 3% to £4.1b. Despite this, growth was lower than predicted. ...
Tags: Next, Performance, Sales
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Camerons Brewery Announces Expansion Plans Following £30m HSBC Funding Package
Feb 14, 2016Camerons Brewery based in Hartlepool will grow its retail pub estate, including its Head of Steam managed brand, by acquiring 40 new pubs with a £30 million funding package from HSBC. Once the acquisitions complete, Camerons Brewery ...
Tags: Camerons Brewery, Funding Package
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Character Eyes Solid Growth for 2016 Ahead of AGM
Feb 12, 2016A confident Character Group has detailed a number of new appointments to take it to continued growth throughout 2016. The Character Group is celebrating strong Christmas sales as it sees revenue in the current financial year rise six per ...
Tags: Character Eyes, Toys
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Delta to Procure 5.8gw of Clean Electricity to Power Packaging Operations in UK
Dec 3, 2015Delta Packaging has awarded a contract to Electric Ireland under which the latter will supply electricity to power the former's site in West Belfast, the UK. Under the £500,000 contract, Electric Ireland will supply 5.8GWh of clean ...
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Lumispec App Enables More Efficient Light Assesement for European Consumers
Nov 25, 2015The main obstacle that currently blocks mass-market acceptance of LED lighting, both domestically and commercially, is widespread lack of understanding and knowledge to make qualified purchasing decisions. That is all set to change, ...
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Plessey Wins GBP 6.7m Grant for LED Production Expansion
Nov 10, 2015Plessey announced UK’s Regional Growth Fund (RGF) has officially granted £6.7 million (US $10.26 million) towards the expansion of the Plessey LED manufacturing facility in Plymouth, England. Solid state lighting forms a ...
Tags: LED production, Plessey, Government Project
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Plessey Wins £6.7m Grant From UK Regional Growth Fund for LED Production Expansion
Sep 14, 2015UK-based Plessey says that the Regional Growth Fund (RGF) has officially granted £6.7m towards the expansion of its facility in Plymouth, UK for manufacturing its MaGIC (Manufactured on GaN-on-Si I/C) gallium nitride on silicon LEDs. ...
Tags: LED Production, LED street
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Crew Clothing Launches Expansion Programme After Reporting a 12% Rise in Sales Last Year
Jul 30, 2015British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear
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Kitwave Wholesale Group Has Acquired Angelbell
Jul 13, 2015Kitwave Wholesale Group has acquired Angelbell, which trades as Hulleys Frozen Foods. The move has increased Kitwave's customer base to 30,000 apart from extending its geographic reach and product offering. Hulleys is the second frozen ...
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Kitwave Wholesale Group Adds an Eleventh Company to Its Group
Jul 13, 2015Kitwave 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
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DFS Has Secured a New Eurp230m Funding Package From a Banking Syndicate
Mar 25, 2015DFS has secured a new £230m funding package from a banking syndicate led by Lloyds Bank Commercial Banking following its recent stock market listing. The funding includes a £200m term loan that will be used to repay existing ...