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Nike revenue to hit $50 billion by 2020, chief executive Mark Parker says

2015-10-14 22:11:21| Footwear - Topix.net

Nike revenue will grow to $50 billion by 2020, chief executive Mark Parker said Wednesday, setting a target that would expand the company's lead over its closest rivals. Nike recorded $30.6 billion for fiscal year that ended in May. Parker was the lead speaker at the Nike Investor Meeting, a day-long presentation to stock analysts and media about the company's goals over the next four years.

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Global Demand For Flavor Enhancer MSG Grows As Incomes Expand, Cultures Shift, IHS Says

2015-10-14 04:54:17| foodingredientsonline Home Page

Global demand, and in particular Asian demand, for monosodium L-glutamate (MSG) -- the sometimes controversial flavor enhancer -- is growing, in part due to significant economic and cultural shifts in several countries, according to new analysis from IHS, the leading global source of critical information and insight

Tags: global says expand demand

 
 

Royal Navy in need of 4,000 more crew, says Defence Association

2015-10-14 01:00:00| Naval Technology

The UK Royal Navy will require an additional 4,000 crew members to operate two new aircraft carriers and the nuclear submarine fleet, the UK National Defence Association has said.

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500 Workers Face Uncertain Future As Six A And P-Owned Locations Remain Unsold, Report Says

2015-10-13 16:50:23| Grocery - Topix.net

Stores in Bergen and Passaic counties have not been bid on after dozens of others have been sold or shut down. The Ramsey Pathmark is one of six North Jersey locations that has yet to pick up a bidder months after the Great Atlantic & Pacific Tea Co.

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CBA and ANZ to cop the brunt of falling house prices, says Macquarie

2015-10-13 04:09:19| Automakers - Topix.net

The investment bank's economists believe home values are set for a 7.5 per cent decline from March next year . While the prediction will no doubt cheer first-home buyers, the resulting slowdown in housing credit is set to hit the nation's biggest lenders, in particular Commonwealth Bank of Australia and National Australia Bank, according to Macquarie.

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