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.
According to a new report released by AMR Research, the National Association of Manufacturers and its Manufacturing Institute, 90 percent of U.S. manufacturers see the cost of materials sourced from the chemical industry increasing.
Pinault-Printemps-Redoute (PPR) made a $7.07 billion (5.3 billion euro) bid to add German sportswear company PUMA AG to its line-up of Gucci and Yves Saint Laurent iconic fashion brands.