Ever-Glory Sales Surge in Second Quarter

Ever-Glory International Group, Inc. reported sales surged nearly 45 percent in the second quarter ended June 30, 2014 on strong demand from western apparel brands and rapid growth at its own retailing business in the PRC…

Ballmer Closes on Acquisition of L.A. Clippers

Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust after a court ruled disgraced former owner Donald Sterling had been properly removed as a co-trustee by his wife…

Mammut Says Mild Winter Dragged Down 1H Growth

Mammut increased net revenue by 3.4 percent to CHF 103.6 million in the six months ended June compared the first half of 2013, as the mild winter in central Europe dragged on growth in the rest of Europe, the Americas and Asia..