Finance & Capital Management

Foster's Group Limited and Miller Brewing Company plan to enter into a ten-year agreement on a license-brewing partnership for Foster's in the United States.

Hanesbrands Inc. will cut approximately 5,300 jobs and close nine sewing and assembly operations in five countries as part of an ongoing restructuring effort to make its business leaner and more profitable.

In May 2007, The Hershey Company announced that John C. Long is named Vice President, Corporate Social Responsibility. Long will report to Thomas K. Hernquist, senior vice president, global chief growth officer.

British American Tobacco (BAT), one of the largest consumer goods companies in Russia with more than 22 percent market share in the tobacco market, will implement ToolsGroup's DPM inventory optimization solution to balance inventory mix within manufacturing and marketing operations.

Avery Dennison Corporation completes its acquisition of Paxar Corporation following the approval of the transaction by Paxar's shareholders at its annual meeting on June 14, 2007.

Eddie Bauer Holdings Inc. announces that its board of directors elects Neil S. Fiske as the company's new president and chief executive officer.

Limited Brands Inc. announces leadership changes at its Bath and Body Works and Victoria's Secret brands. Diane Neal, president and chief operations officer for Bath and Body Works, has been promoted to chief executive officer.

Cutter & Buck Inc. closes the previously announced transaction with New Wave Group AB.