Starbucks Coffee Company and The Hershey Company are joining forces to transform the premium chocolate segment through the creation of a new Starbucks-branded premium chocolate platformin the United States starting this fall.
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.
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.
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.
