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Recent Articles

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H&M's Q2 gross profit rises to 29.85B SEK from 25.05B SEK last year, as net sales rise 17% to 54.50B SEK from 46.51B SEK; company seeks Latin America expansion, expects sales to fall 6% in June, driven 5% by paused sales in Russia, Belarus, Ukraine

DS Smith completes construction of factory in Modena, Italy--an area where the company was not yet present with an integrated plant; the plant is now fully operational, will have production capacity of over 200 m2/year with up to 10 converting lines

Reliance Brands announces strategic partnership with Pret A Manager to launch and build Pret in major cities and travel hubs in India

Azelis announces acquisition of the specialty lubricant distribution assets of Turkey-based Ak-taş; acquisition supports Azelis' lateral value chain in lubricants and metalworking fluids segment

Maine-based lumber and building materials retailer Hammond Lumber acquires family owned Brock's Building Materials in New Hampshire; acquisition takes number of Hammond locations across the two states to 22, with a total of 900 employees

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