A shakeup at the corner offices of UK banking giant Barclays is a blow to the venerable brand and leaves the company without strong leadership. Two days after chairman Marcus […]
Retailer Abercrombie & Fitch, under pressure from investors fretting about its declining sales, has hired a new CFO, Joanne Crevoiserat, who starts in May. Crevoiserat is a veteran of Wal-Mart, May Department Store, and most recently Kohl’s. She’s taking the spot of Jonathan Ramsden, who became COO back in January. Speculation is that CEO Mike Jeffries’ seat is a hot one as investors are restless for more changes at the top.
April 14, 2014
The growing middle class in China, with its need for preventative healthcare, paved the way in 2014 for a public offering from Beijing-based iKang Healthcare Group. In an update last week, D&B Editor Lynett Oliver described the environment (rising incidents of hypertension and diabetes, employer focus on healthy workers, reliance on private healthcare centers over hospitals) that led the owner of nearly 350 medical centers across China to report a more than 40% jump in revenue in 2013 and raise some $153 million from its IPO. Follow Lynett on Twitter.
April 14, 2014
US chicken meat production is expected to grow through 2014, partially fueled by growing demand in export markets. US production was tempered somewhat in 2011 and 2012 by rising feed costs, which have since subsided, prompting analysts to predict US poultry production expansion in 2014. Mexico is expected to continue to be the top US export market. Read about more trends in our Meat Product Manufacturing industry report.
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