PARIS, March 16, 2023 /PRNewswire/ — Delsey Paris, the leading European premium luggage manufacturer, has today announced its operational results for 2022. Net global sales grew 124% year over year (‘YoY’) reaching €207 million, exceeding pre-pandemic levels of 2019 and outpacing by nearly 4 times the rate of post-pandemic sector recovery. EBITDA margin grew to… Continue reading Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
Category: Newswire
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 /PRNewswire/ — On March 14th, 2023, Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
ForwardX AMRs Helps Li & Fung Increase Efficiency by 81%
BEIJING, March 16, 2023 /PRNewswire/ — In recent years, the development of the global e-commerce industry has brought huge opportunities and challenges for third-party logistics (3PL) and warehousing. Some key challenges include brands’ changing business development needs, improving warehouse management, and improving efficiency all while reducing operational costs. Some 3PL enterprises are upgrading their facilities… Continue reading ForwardX AMRs Helps Li & Fung Increase Efficiency by 81%
CEAT PARTNERS WITH CNH INDUSTRIAL FOR AGRICULTURE RADIAL TIRE FITMENTS
CEAT Specialty (a division of CEAT Tires) has entered into an agreement with CNH Industrial to supply agricultural radial tires for their machines being produced in Brazil and Argentina. MUMBAI, India, March 15, 2023 /PRNewswire/ — CEAT is proud to announce that CEAT Farmax radials are being fitted in Case IH and New Holland tractors.… Continue reading CEAT PARTNERS WITH CNH INDUSTRIAL FOR AGRICULTURE RADIAL TIRE FITMENTS
Smart Parking Systems Market to be Worth $30.16 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, March 15, 2023 /PRNewswire/ — The global smart parking systems market is expected to reach USD 30.16 billion by 2030 and expand at a significant CAGR of 22.1% from 2023 to 2030 according to Grand View Research, The smart parking systems market is expected to witness remarkable growth during the forecast period owing to… Continue reading Smart Parking Systems Market to be Worth $30.16 Billion by 2030: Grand View Research, Inc.
Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
RaaS empowers businesses to adapt and thrive in new era of supply chain complexity HAMBURG, Germany, March 15, 2023 /PRNewswire/ — Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in eCommerce. To ensure their supply chain operations are able to survive in today’s digital economy,… Continue reading Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
GUANGZHOU, China, March 15, 2023 /PRNewswire/ — On 14 March, GAC MOTOR launched EMPOW, a sporty sedan featuring cutting-edge design and innovations, in Saudi Arabia. The EMPOW launch event, attended by respected media publications including Arab News, Saudi Auto, and Alsharq Alawsat, was held at the renowned motorsport circuit The Track Jeddah. Continue Reading GAC_MOTOR_EMPOW… Continue reading Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
Electric Traction Motor Market Will Reach USD 34,891 Million by 2030, Says P&S Intelligence
NEW YORK, March 15, 2023 /PRNewswire/ — The electric traction motor market size is projected to be USD 34,891 million by 2030, advancing at a CAGR of 13.5% over this decade, as per P&S Intelligence. This growth can be ascribed to the increasing need for low-energy-consumption motors, growing expenditure on EVs due to governments’ supportive guidelines for their adoption,… Continue reading Electric Traction Motor Market Will Reach USD 34,891 Million by 2030, Says P&S Intelligence
Kindred publishes Annual and Sustainability Report for 2022
VALLETTA, Malta, March 15, 2023 /PRNewswire/ — Kindred Group has today published its combined Annual and Sustainability Report for the 2022 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com. Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2022 financial year. The report provides an introduction… Continue reading Kindred publishes Annual and Sustainability Report for 2022
Nippon Express (Belgium) Joins Pharma.Aero
TOKYO, March 15, 2023 /PRNewswire/ — Nippon Express (Belgium) N.V./S.A. (hereinafter “NX Belgium”), a group company of NIPPON EXPRESS HOLDINGS, INC., became the first Japanese forwarder to join Pharma.Aero (*) on January 25 this year. Pharma.Aero logo: https://kyodonewsprwire.jp/img/202303033576-O1-98z3VY1t NIPPON EXPRESS logo: https://kyodonewsprwire.jp/img/202303033576-O2-Liv03U6J The Nippon Express Group has positioned the pharmaceutical industry as a key industry in… Continue reading Nippon Express (Belgium) Joins Pharma.Aero