Outsourcing across industries continues to grow and while one significant trend -- offshoring -- continues another model has developed -- multisourcing.
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.
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.
Cereal maker Kellogg Co. names Procter & Gamble Co. executive Robert A. Steele to its board, effective July 1. Steele is vice chairman, global health and well-being at Procter & Gamble.