It is a commonly accepted best business practice that in order to be a long-term, vibrant business, 25% or more of revenue each fiscal year needs to be derived from new products or services. New ...

The boiler and heat recovery business mirrors that of every other industry segment. It goes through periods of euphoric elation and troughs of despair. No business is immune from ups and downs in the ...

Product diversification is an important issue in management science and industrial organization. Many studies have argued that product diversification is related to the scale of headquarters, and ...

Crocs, Inc. CROX has been making smart moves by diversifying its product range to attract more consumers. It continues to innovate with new product lines such as sandals and boots, which is driving ...

CEO Dakota Semler highlighted 2024 as Xos' strongest year, emphasizing revenue growth, diversified customer base, and improved profitability. He stated that the company generated $11.5 million in ...

The company is maintaining a cautious stance on forward-looking guidance due to uncertainty surrounding tariffs, trade policy, and consumer trends. Management is not providing full year guidance at ...

Display driver IC specialist Novatek Microelectronics has stepped up its product diversification efforts, looking to expand beyond its core DDI business, according to company vice chairman Steve Wang.

The South African sugar industry has announced ambitious plans for product diversification, including plans for bioethanol ...