I-Byte Retail and consumer goods Industry

Retail & Consumer Goods
October Edition
Email us - solutions@itshades.com
Website : www.itshades.com
IT Shades
Engage & EnableI-Bytes

IT Shades
Engage & Enable
About Us
Who We are
ITShades.com has been founded with singular aim of engaging and
enabling the best and brightest of businesses, professionals and students
with opportunities, learnings, best practices, collaboration and innovation
from IT industry.
Aim of this IByte
This document brings together a set of latest data points and
publicly available information relevant for Retail & Consumer
Goods Industry. We are very excited to share this content and
believe that readers will benefit immensely from this periodic
publication immensely.
Reasons to talk to us
1. Publishing of your company’s solutions/announcements in this document.
2. Subscribe to this and other periodic publications i.e. I-Bytes, Solution
Letters from ITShades.com.
3. For placement of your company's click-able logo and advertisements.
4. Feedback for us to improve the content and format of these periodic
publications.
Feel free to contact us at marketing@itshades.com for any queries

IT Shades
Engage & Enable
Sponsoring Companies for this Edition
solutions@itshades.comAdvertise your Logo Below
LOGO 1 LOGO 2
LOGO 3 LOGO 4
LOGO 5

IT Shades
Engage & Enable
1. Financial Updates.....................................................1
2. Solutions Updates....................................................22
3. Rewards and Recognition Updates.......................26
4. Customer Success Updates.....................................46
5. Partnership Ecosystem Updates............................47
6. Miscellaneous Updates...........................................67
7. Event Updates.........................................................70
Table of Contents

IT Shades
Engage & Enable
Financial, M&A Updates
Retail & Consumer Goods Industry

IT Shades
Engage & Enable
01
Executive Commentary
AutoZone (USA) 4th Quarter Same Store Sales Increase 3.0%; 4th
Quarter EPS of $22.59; Annual Sales of $11.9 Billion
• Net income for the quarter increased $164.9 million, or 41.2% over the same period last year to $565.2 million, while diluted earnings per
share increased 50.4% to $22.59 per share from $15.02 per share in the year-ago quarter.
• Operating profit increased 32.1% to $780.8 million. Excluding the additional week in the fourth quarter of 2019 and the pension plan
termination costs which occurred in the fourth quarter of 2018, adjusted net income for the quarter increased 6.1% over the previous year’s
quarter to $524.3 million, while adjusted diluted earnings per share increased 13.0% to $20.95 per share. Adjusted operating profit increased
0.5% to $725.0 million.
• For the quarter, gross profit, as a percentage of sales, was 53.4% (versus 53.6% the same period last year). The decrease in gross margin was
attributable to lower merchandise margins driven primarily by a shift in mix.
• Operating expenses, as a percentage of sales, were 33.8% (versus 37.0% the same period last year), with leverage primarily due to last year’s
pension plan termination charge of $130.3 million (366 bps) and the additional week of sales, partially offset by increased domestic store
payroll (58 bps).
• For the fiscal year ended August 31, 2019, sales were $11.9 billion, an increase of 5.7% from the prior year, while domestic same store sales
were up 3.0% for the year. Same store sales are computed on a 52-week basis.
• Under its share repurchase program, AutoZone repurchased 634 thousand shares of its common stock for $692 million during the fourth
quarter, at an average price of $1,091 per share. For the fiscal year, the Company repurchased 2.2 million shares of its common stock for
$2.005 billion, at an average price of $919 per share. At year end, the Company had $476.8 million remaining under its current share
repurchase authorization.
• The Company’s inventory increased 9.5% over the same period last year, driven by increased product placement and new stores. Inventory
per store was $674 thousand versus $636 thousand last year and $688 thousand last quarter.
• Net inventory, defined as merchandise inventories less accounts payable, on a per location basis, was a negative $85 thousand versus
negative $75 thousand last year and negative $58 thousand last quarter.
“I would like to congratulate and thank our entire organization for the solid performance they delivered in our fourth quarter and fiscal year.
Our customer service and trustworthy advice are what continue to differentiate us across our industry, and our AutoZoners’ passion to deliver
superior service has allowed us to consistently deliver strong financial results. For the year, we delivered several impressive accomplishments
which include a record $11.9 billion in total sales, three percent same store sales growth, domestic Commercial sales grew by 13.4% (on a
52-week basis), the opening of 209 stores globally and 152 additional domestic Commercial programs and repurchasing a record $2 billion of
our common stock. I am especially proud to say our organization delivered on the major initiatives we set for ourselves at the beginning of the
year: we invested in incremental wages for our most tenured hourly store AutoZoners’ and we accelerated our investment in information
technology with specific emphasis on expanding our Omnichannel initiatives, which contributed to us gaining market share across our industry.
We also improved our return on invested capital from the prior year of 32.1% to 35.7%. As we start a new fiscal year, we promise to remain
committed to delivering exceptional customer service while growing our Retail, Commercial, and International businesses. We will maintain
our disciplined approach to growing operating earnings and utilizing our capital effectively,” said Chairman, President and Chief Executive
Officer.
For more details, please click the link below:
https://investors.autozone.com/news-releases/news-release-details/autozone-4th-quarter-same-store-sales-increase-30-4th-quarter
Key Financial Highlights

IT Shades
Engage & Enable
02
Bed Bath & Beyond Inc. (USA) Reports Results For Fiscal
2019 Second Quarter
• For the fiscal 2019 second quarter, the Company reported a net loss of $(1.12) per diluted share ($(138.8)
million), which included an unfavorable impact of approximately $1.46 per diluted share from charges
related to the first wave of transformation initiatives including, severance costs associated with the corporate
workforce reduction and decision to outsource certain functions, and an inventory write down.
• Net sales for the fiscal 2019 second quarter were approximately $2.7 billion, a decrease of approximately
7.3% compared to the prior year period. Comparable sales in the fiscal 2019 second quarter declined
approximately 6.7%.
• Company reported adjusted net earnings of $0.34 per diluted share ($41.9 million) for the fiscal 2019
second quarter, compared to adjusted net earnings of $0.38 per diluted share ($52.0 million) for the fiscal
2018 second quarter, excluding severance costs.
• Company's Board of Directors declared a quarterly dividend of $0.17 per share payable on January 14,
2020 to shareholders of record at the close of business on December 13, 2019.
• During the fiscal 2019 second quarter, the Company repurchased approximately $16.5 million of its
common stock, representing approximately 1.4 million shares.
• The Company ended the fiscal 2019 second quarter with approximately $1.0 billion in cash and
investments, compared with approximately $1.1 billion in cash and investments at the end of the fiscal 2018
second quarter.
CEO, stated, "We are making good progress against our four key near-term priorities, including: (1)
stabilizing sales and driving top-line growth; (2) resetting the cost structure; (3) reviewing and optimizing
the Company's asset base, including the portfolio of retail banners; and (4) refining our organization
structure. Our second quarter financial results reflect the relentless effort of our teams and our progress in
driving the Company's transformation efforts to delight our customers, enhance our competitive position,
improve our financial performance, and drive shareholder value."
http://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-reports-results-fiscal-2019-second-quarter

IT Shades
Engage & Enable
03
Conagra Brands (USA) Reports First Quarter Results
• First quarter net sales grew 30.3%, and organic net sales decreased 1.7%.
• Diluted earnings per share from continuing operations (EPS) was $0.36 in the quarter; adjusted EPS of
$0.43 benefitted from double-digit growth in adjusted net income.
• The Legacy Conagra frozen and snacks businesses continued their strong momentum in the quarter with
retail sales growth (as measured by IRI) of 2.5% and 7.2%, respectively.
• For Legacy Conagra, the combined results of the Refrigerated & Frozen and Grocery & Snacks segments
over-delivered planned organic net sales growth in the quarter.
• The Legacy Conagra Foodservice and International businesses experienced softer-than-planned organic net
sales growth in the quarter behind discrete events that are expected to be overcome in the balance of the year.
• Legacy Pinnacle's retail sales decline (as measured by IRI) of 4.6% was in-line with expectations as the
Company continued to execute its value-over-volume strategy within the Legacy Pinnacle portfolio.
• The Pinnacle integration and synergy realization remained on-track in the quarter, with approximately $40
million of cost synergies realized in the quarter, bringing total cost synergy realization to $71 million from
the closing of the acquisition through the first quarter.
• In the quarter, the Company reduced total gross debt by $148 million; the Company remains on-schedule
with its previously-announced de-leveraging targets.
• The Company is reaffirming its fiscal 2020 guidance for all previously-communicated metrics, including
the expectation of stronger growth in the second half of the fiscal year.
President and chief executive officer of Conagra Brands, commented, "After one quarter, fiscal 2020 is
on-track with our plan as we execute against each of the priorities we outlined previously: maintaining the
momentum on Legacy Conagra, applying our value-over-volume playbook to Pinnacle, and delivering
against our integration, synergy, and de-leveraging commitments. I am pleased that our domestic retail
businesses outperformed our first quarter organic net sales growth plan. While our Foodservice and
International businesses experienced unplanned softness on the top line this quarter, they outperformed our
operating profit and margin expectations. We believe the first quarter net sales issues in these segments
were discrete and are now largely behind us."
https://www.conagrabrands.com/news-room/news-conagra-brands-reports-first-quarter-results-prn-122705

IT Shades
Engage & Enable
04
George Weston Limited Reports Second
Quarter 2019 Results
• Net sales declined 2 percent to $4.0 billion. Organic net sales were down 1 percent, reflecting
lower organic volume, partially offset by positive organic net price realization and mix across all
operating segments.
• Gross margin increased 190 basis points to 34.7 percent of net sales. Adjusted gross margin of 35.2
percent was 160 basis points above the prior year result that included a one-time purchase
accounting inventory adjustment related to the Blue Buffalo acquisition.
• Operating profit totaled $662 million, up 10 percent from last year. Operating profit margin of 16.5
percent increased 180 basis points. Constant-currency adjusted operating profit increased 7 percent,
driven by the purchase accounting impact in the prior year. Adjusted operating profit margin
increased 130 basis points to 17.0 percent.
• Net earnings attributable to General Mills totaled $521 million, up 33 percent from a year ago,
primarily reflecting higher operating profit, a lower effective tax rate, and lower net interest expense.
• Diluted EPS of $0.85 increased 31 percent from the prior year. Adjusted diluted EPS totaled $0.79
in the first quarter, up 13 percent from the prior year in constant currency, driven primarily by higher
adjusted operating profit, lower net interest expense, a lower adjusted effective tax rate, and higher
non-service benefit plan income, partially offset by higher average diluted shares outstanding.
“We are making clear progress in becoming a nimbler, more consumer-connected General Mills,”
said General Mills Chairman and Chief Executive Officer. “Our first-quarter net sales performance
included encouraging improvement in North America Retail and strong growth in Pet, driven by
good innovation and effective brand-building investment. We got off to a slower start in our other
segments, and we’re taking actions to drive topline improvement for those segments and the
company starting in the second quarter.
https://investors.generalmills.com/press-releases/press-release-details/2019/General-Mills-Reports-Fiscal-2020-First-Quarter-Results/default.aspx?_ga=2.5192560.239018971.1570280108-1946290690.1567775948

IT Shades
Engage & Enable
05
Capri Holdings (USA) Limited Announces First Quarter
Fiscal 2020 Results
• Total revenue of $1.346 billion increased 11.9% compared to last year. On a constant currency basis, total
revenue increased 13.8%.
• Gross profit was $834 million and gross margin was 62.0%, compared to $751 million and 62.4% in the
prior year. Adjusted gross profit was $840 million and adjusted gross margin was 62.4%, compared to $754
million and 62.6% in the prior year.
• Income from operations was $64 million and operating margin was 4.8% compared to $215 million and
17.9% in the prior year. Adjusted income from operations was $190 million and operating margin was
14.1%, compared to $233 million and 19.4% in the prior year.
• Net income was $45 million, or $0.30 per diluted share compared to $186 million, or $1.22 per diluted
share in the prior year. This year includes a $97 million store impairment charge, primarily related to lease
assets recorded in connection with the adoption of the new lease accounting standard and largely attributable
to the Michael Kors retail fleet. Adjusted net income was $145 million, or $0.95 per diluted share, compared
to $201 million or $1.32 per diluted share in the prior year.
• Inventory at June 29, 2019 was $1.016 billion, a 45.8% increase compared to the prior year, primarily
reflecting incremental Versace inventory.
The Company’s Chairman and Chief Executive Officer, said, “We are pleased with our first quarter results,
which reflect 12% revenue growth as well as better than expected operating margin and earnings per share.
These results continue to position our company to execute against our strategic initiatives. Based on our
first quarter performance, we are reaffirming our earnings per share guidance for Fiscal 2020, which
includes the impact of the strengthening U.S. dollar and additional tariffs on imports from China.”
http://www.capriholdings.com/news-releases/news-releases-details/2019/Capri-Holdings-Limited-Announces-First-Quarter-Fiscal-2020-Results/default.aspx

IT Shades
Engage & Enable
06
NIKE(USA), Inc. Reports Fiscal 2020 First Quarter Results
• Revenues for NIKE, Inc. increased 7 percent to $10.7 billion, up 10 percent on a currency- neutral
basis.
• Revenues for the NIKE Brand were $10.1 billion, up 10 percent on a currency-neutral basis driven
by growth across NIKE Direct and wholesale, key categories including Sportswear and the Jordan
Brand, and continued growth across footwear and apparel.
• Revenues for Converse were $555 million, up 8 percent on a currency-neutral basis, mainly driven
by double-digit growth in Asia and through digital globally, which was partially offset by declines in
the U.S.
• Gross margin increased 150 basis points to 45.7 percent primarily due to higher average selling
prices and margin expansion in NIKE Direct, partially offset by impacts from changes in foreign
currency exchange rates and higher product costs.
• Selling and administrative expense increased 9 percent to $3.3 billion. Demand creation expense
was $1.0 billion, up 6 percent primarily driven by higher advertising expenses and sports marketing
investments. Operating overhead expense increased 10 percent to $2.3 billion driven by continued
investments in transformational capabilities, particularly in NIKE Direct and global operations.
• The effective tax rate was 12.4 percent, compared to 14 percent for the same period last year,
primarily due to discrete items which favorably impacted the quarter.
• Net income increased 25 percent to $1.4 billion driven primarily by strong revenue growth and
gross margin expansion while diluted earnings per share increased 28 percent to $0.86 reflecting a 2
percent decline in the weighted average diluted common shares outstanding.
“Our strong start to FY20 highlighted the depth and balance of NIKE’s complete offense,” said
Chairman, President and CEO, NIKE, Inc. “NIKE’s strong product innovation, combined with our
industry-leading digital experiences, continue to deepen our consumer relationships around the
world.”
https://news.nike.com/news/nike-inc-reports-fiscal-2020-first-quarter-results

IT Shades
Engage & Enable
07
Tesco (UK) Reports Interim Results 2019/20
• Group operating profit before exceptional items and amortisation of acquired intangibles4
£1,406m, +25.4%, margin 4.41%, up 87 bps
• Group margin target (pre-IFRS 16 excl. Booker) delivered six months early: 12-month margin
3.73% incl. 1H 3.67%11
• Cost savings to date £1.6bn, already ahead of £1.5bn FY 19/20 target12
• EBITDA13 up 15.3% to £2.3bn
• Retail free cash flow6 of £814m, +£417m YoY
• Working capital inflow +£114m (LY: £(12)m) driven by UK & ROI +£216m (LY: £(52)m)
• Agreed 73 property disposals since year-end, primarily in Poland for total proceeds of £210m (of
which 1H: £65m)
• Interim dividend 2.65p, +58.7%; expect full year dividend pay-out ratio of 50%
• Net debt6 £(12.6)bn, down £0.6bn since year-end; Pension deficit £0.2bn lower following strong
asset performance
Chief Executive:“Despite challenging external conditions we have delivered a very good start to the
year. I’m very pleased to say that we have now delivered every element of the turnaround plan and
from this position of strength, the transformation of our business continues at pace.The Capital
Markets Day in June laid out many opportunities for further, profitable growth and I’m delighted to
share the plans to step up our store opening programme, to increase our online capacity, the
introduction of Clubcard Plus in the UK and the acquisition of Best Food Logistics as the next step in
our Booker growth strategy.
https://www.tescoplc.com/news/2019/interim-results-201920/

Lorem
IT Shades
Engage & Enable
8
Bunge (USA) announces agreement to buy 30% of Agrofel and
increases its origination capacity in Rio Grande do Sul state
Bunge, one of Brazil’s leading agribusiness and food companies, announced an
agreement to buy 30% of Agrofel Grãos e Insumos, an agricultural inputs reseller
in Rio Grande do Sul. The investment is aligned with Bunge’s strategy to focus on
its core businesses, thus strengthening its grain origination position in
Brazil.Agrofel has operated for 42 years, and now has its origination strategy
aimed at 15,000 farmers, supported by 38 units, including warehouses and shops,
with combined static capacity of almost 450,000 tons, in addition to 470
professionals. The reseller sources more than one million tons of grains annually,
including soybeans, corn and wheat. The other companies of Ferrarin Group are
not part of the deal.
“Combining Agrofel´s broad relationship and expertise with local farmers and our
logistics and existing origination capabilities in Brazil will be ideal for us to
increase our origination capillarity with farmers in of one of the most important
soybean growing states,” saidBunge’s Global Operations, President.
https://www.bunge.com/news/bunge-announces-agreement-buy-30-agrofel-and-increases-its-origination-capacity-rio-grande-do
Description

Lorem
IT Shades
Engage & Enable
9
Conagra Brands (USA) Enters into Definitive Agreement To Sell Direct
Store Delivery Snacks Business To Utz Quality Foods, LLC
Conagra Brands, Inc. (CAG) announced that it has entered into a definitive
agreement to sell its Direct Store Delivery (DSD) snacks business to Utz Quality
Foods, LLC. The sale includes the Tim's® Cascade Snacks, Hawaiian® Snacks,
Erin's®, Snyder® of Berlin and Husman's® brands. Conagra Brands acquired the
DSD snacks business in October 2018 as part of its acquisition of Pinnacle Foods.
The transaction is subject to customary closing conditions and is expected to be
completed before the end of the calendar year. Financial terms were not disclosed.
"We continue to reshape our portfolio and focus our resources on priorities that
support Conagra's business strategy and create value for shareholders," said
President and chief executive officer of Conagra Brands. "While Conagra has a
large and growing snacks business, we do not currently operate with a DSD
model. We believe this business will have more opportunity for growth under Utz,
an established DSD operator."
https://www.conagrabrands.com/news-room/news-conagra-brands-enters-into-definitive-agreement-to-sell-direct-store-delivery-snacks-business-to-utz-quality-foods-llc-prn-122699
Description

Lorem
IT Shades
Engage & Enable
10
Givaudan (Switzerland) completes the acquisition of Drom
Givaudan, the global leader in flavours and fragrances, announced that it has
completed the acquisition of Drom. Givaudan had announced that it had reached
an agreement to acquire the company in July 2019. Founded in 1911, Drom is a
global perfume house creating fragrances for consumer products and fine
fragrance customers across the world. Drom is headquartered near Munich in
Germany and has manufacturing facilities in China, the USA and Brazil. The
company employs 489 people globally.While terms of the deal have not been
disclosed, Drom’s business would have represented approximately EUR 110
million of incremental sales to Givaudan’s results in 2018 on a proforma basis.
Givaudan funded the transaction from existing resources.
CEO of Givaudan said: “It is a very exciting day for Givaudan as we welcome
Drom into the Givaudan family. The acquisition of Drom further asserts our
leadership position in the fragrance market globally and is fully in line with our
strategic ambitions. Like Givaudan, Drom has a long heritage in fragrance creation
and their capabilities and strong culture will fit perfectly with ours. We are
confident that our combined capabilities will deliver a compelling valuable
proposition for our customers across segments and in key markets.”
https://www.givaudan.com/media/media-releases/2019/acquisition-drom-completed
Description

Lorem
IT Shades
Engage & Enable
11
Management XS4ALL decides to merge with KPN in accor-
dance with KPN strategy
XS4ALL maintains the plan to merge XS4ALL with KPN. The management of XS4ALL
announced this to the Works Council and the employees of XS4ALL. In January 2019, KPN
presented the plans for the one brand strategy for the first time. The decision to merge
XS4ALL follows from the developments in the market and the wishes of the customer and fits
in with the corporate strategy.With its strategy, KPN wants to become the undisputed quality
leader in the Netherlands with the best services, service and networks. To achieve this, KPN is
building the digital highway of the Netherlands by rolling out fiber optics on a large scale in
the coming years and preparing its mobile network 5G. KPN will further digitize its services
to offer customers the best experience anywhere, anytime.KPN has been successful for many
years with a multi-brand strategy, whereby each brand had its own position in the market with
specific characteristics. The development of recent years is that brands are becoming less
distinctive in the market; they are increasingly similar in terms of service quality.
“It has been an intensive process with extensive substantive discussions. In addition, from the
XS4ALL management side there was an understanding of the emotions about the intention.
All things considered carefully, however, we have come to the conclusion that merging is in
the interest of customers, employees, XS4ALL and KPN, ”said General manager of XS4ALL
and Wouter Stammeijer, ExCo member and head of Strategy at KPN.
https://overons.kpn/nl/nieuws/2019/management-xs4all-besluit-tot-samenvoegen-met-kpn-conform-strategie-kpn
Description

Lorem
IT Shades
Engage & Enable
12
Hershey (USA) Completes Acquisition of One Brands
The Hershey Company announced the completion of its acquisition of ONE
Brands, LLC, the maker of a line of low-sugar, high-protein nutrition bars for a
purchase price of $397 million, or approximately $325 million net of tax benefits.
The acquisition is expected to be slightly accretive to earnings in the first full year
post closing.ONE Brands will complement Hershey’s existing Oatmega business,
which was acquired as part of the 2018 acquisition of Amplify Snack Brands, Inc.,
and its recent investment in FULFIL Holdings limited, a European leader in
great--tasting, vitamin-fortified, high-protein bars. Hershey intends to expand the
existing ONE Brands offerings by leveraging its core capabilities in sales and
distribution, category management and digital commerce.
“ONE Brands is a great addition to Hershey’s growing portfolio of better-for-you
snacking brands, and we are excited about getting to work with this talented
team,” said Chief Growth Officer, The Hershey Company. “As the nutrition bar
category continues to grow, ONE offers a compelling brand proposition with
great-tasting, unique flavors, low sugar and high protein.”
https://www.thehersheycompany.com/content/corporate_SSF/en_us/news-detail.html?13931
Description

Lorem
IT Shades
Engage & Enable
13
Inchcape (UK): Retail Site Disposals in Mainland China For
£54m Agreed
Inchcape plc, the leading independent multi-brand Automotive Distributor with global scale,
announces that it has agreed to sell its three Retail sites in mainland China to China Yongda
Automobiles Services Holdings Limited for net cash proceeds of £54m1. This follows recent
rationalisation in Australia and the UK to optimise our Retail-only portfolios. Together with the
announced UK and Australia disposals earlier this year Inchcape will receive a cash inflow of
c.£150m through the disposal of the combined 16 sites.Net cash proceeds of £54m represents a gain
on book value. The transaction is expected to complete by Q1 2020 and is conditional upon final
OEM partner and regulatory approvals. Given the timing of completion we expect minimal impact to
2019’s trading profit with the business expected to contribute c.£9m to Group trading profit.
Group CEO of Inchcape Plccommented:“The disposal of our three remaining sites in mainland China
marks a further shift towards focusing on our core Distribution business model, thereby allocating our
resources towards more attractive profit pools in the Asia region. Through the Ignite strategy, our
focus is on growing both organically and inorganically in Distribution as evidenced through the 10
businesses we have won and acquired since 2016. The global opportunities for Inchcape are exciting;
whilst we exit three Retail sites in China today, through our acquisitions to date we have become a
top 5 Distributor of Chinese OEMs across the markets we operate in Latin America. We remain
focused on ensuring we are driving value for shareholders today and for the future.”
https://www.inchcape.com/en/investors-and-media/news/inchcape-news/2019/retail-site-disposals-in-mainland-china-for-p54m-agreed.html
Description

Lorem
IT Shades
Engage & Enable
14
Inchcape (UK): Further Australia Retail Site Disposals For
£63m
Inchcape plc the leading independent multi-brand Automotive Distributor with global scale,
announces that it has agreed to sell three Retail sites in Australia to Sime Darby Motors. This disposal
follows the sale of three sites announced in May and July 2019 to other parties. The transaction is
expected to complete in Q4 and is conditional upon final OEM partner approvals and regulatory
approval.The six retail site disposals in Australia will generate a cash inflow of £76m1 and are
expected to give rise to a small cumulative gain on disposal. Following these transactions, we will
also embark on a reorganisation of the Australasian business around Distribution which we expect to
incur exceptional costs in the region of c.£5m - £8m over the second half of 2019.
Group CEO Of Inchcape Plc, commented:“This transaction is another demonstration of strategic
progress under Ignite and the focus on our core Distribution activities which generate 90% of our
Group trading profit. The announcement demonstrates the disciplined utilisation of capital towards
this high returning and capital light part of the market where I continue to see both organic and
inorganic opportunities for Inchcape. In line with the Ignite strategy and our commitment to be the
OEM partner of choice, Inchcape has completed 10 Distribution deals since 2016. I would like to
thank our teams for their professionalism and commitment to remaining focused on delivering our
objectives during this transitional period.”
https://www.inchcape.com/en/investors-and-media/news/inchcape-news/2019/further-australia-retail-site-disposals-for-p63m.html
Description

Lorem
IT Shades
Engage & Enable
15
Inchcape (UK): Further Australia Retail Site Disposals For
£63m
Intact Financial Corporation announced that it has completed its
acquisition of On Side Developments Ltd. having received all required
regulatory approvals.The acquisition provides immediate low single digit
accretion to NOIPS, and mild accretion to ROE. Starting in Q4 2019, On
Side Restoration results will be reported in Distribution EBITA and Other
in IFC's MD&A.
"We are pleased to announce the completion of the acquisition of On
Side Restoration," saidCEO, Intact Financial Corporation. "With the
support of Craig Hogarth, On Side Restoration will continue to operate as
a separate and distinct entity committed to strengthening repair and
restoration services for property and casualty insurers and their
customers across Canada."
https://www.intactfc.com/English/newsroom/press-releases/press-release-details/2019/Intact-Financial-Corporation-completes-acquisition-of-On-Side-Restoration/default.aspx
Description

Lorem
IT Shades
Engage & Enable
16
Kesko’s (Finland) Reported Sales Grew In August
The sales of Kesko Group’s continuing operations in August 2019 totalled €963.5
million, representing a decrease of 1.0% in comparable terms. Reported sales from
continuing operations grew by 1.6%.Sales in the building and technical trade totalled
€399.4 million in August, an increase of 0.7% in comparable terms in local currencies.
Comparable sales in the building and technical trade excluding the speciality goods
trade grew by 0.7%. Sales in Finland decreased 1.7% and sales elsewhere grew by
2.7%. Sales in the speciality goods' leisure trade decreased by 5.4%, while sales in the
machinery trade grew by 12.5% in comparable terms. Reported sales in the building and
technical trade increased by 3.5%.
"Sales grew in the grocery trade and in the building and technical trade. Sales
performance was impacted by the fact that the month had one wholesale selling day less
than the year before. In the car trade, the implementation of the WLTP emissions
testing, uncertainties regarding car taxation and debate over the choice of motive power
continued to decelerate the sales of new cars,” says Kesko’s President and CEO.
https://www.kesko.fi/en/media/news-and-releases/press-releases/2019/keskos-reported-sales-grew-in-august/
Description

Lorem
IT Shades
Engage & Enable
17
Olam (Singapore) secures US$525 million sustainability
KPI-linked loan
Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd., have secured a
revolving credit facility aggregating US$525.0 million linked to meeting sustainability Key
Performance Indicators. The Facility consists of three tranches – a 1-year revolving credit facility
(“RCF”) of US$315.0 million, a 2-year RCF of US$105.0 million and a 3-year RCF of US$105.0
million.The interest margin on the Facility is linked with the achievement of the KPI improvement
targets. The KPIs will be tracked and reported by Olam’s Corporate Responsibility & Sustainability
team. Ernst & Young will independently assess the achievement scores by performing
agreed-upon-procedures that have been approved by the banks.
Olam’s Group Chief Operating Officer, said: “Sustainability has always been at the heart of Olam’s
business. This facility, following on from last year’s US$500 million sustainability-linked loan, is
another demonstration of how we are embedding sustainability into all aspects of our business and
financing strategy. In turn, this will enable us to tackle the many challenges facing our sector and
fulfil our purpose to Re-imagine Global Agriculture and Food Systems.
https://www.olamgroup.com/content/olamgroup/en/home-page/news/all-news/press-release/olam-secures-us-dollar-525-million-sustainability-kpi-linked-loa.html?refer=https://www.olamgroup.com/news/all-news.html?source=allnews
Description

Lorem
IT Shades
Engage & Enable
18
Philip Morris International Inc. (USA) and Altria Group, Inc.
End Merger Discussions
Philip Morris International Inc. announced that merger discussions with
Altria Group, Inc. have ended. IQOS is the only heated tobacco product
with premarket authorization from the U.S. FDA, which followed the
Agency’s rigorous science-based review, leading it to determine that
authorizing the product for sale in the U.S. is appropriate for the
protection of the public health. IQOS is not an e-vapor product. PMI
submitted a comprehensive body of scientific evidence in support of this
premarket authorization and of the parallel applications for IQOS as a
“Modified Risk Tobacco Product,” which the FDA continues to review.
CEO of PMI, said: “After much deliberation, the companies have agreed
to focus on launching IQOS in the U.S. as part of their mutual interest to
achieve a smoke-free future.
https://www.pmi.com/media-center/press-releases/press-release-details/?newsId=21526
Description

Lorem
IT Shades
Engage & Enable
19
Richemont (Switzerland) acquires Buccellati
Richemont is pleased to announce that it has acquired 100% of Buccellati Holding Italia
S.p.A., the owner of Buccellati, the renowned Italian jewellery Maison, in a private
transaction with Gangtai Group Corporation Limited, a privately held conglomerate, which
captures the growth in the consumer, culture, finance, and health industries. Buccellati was
founded in Milan in 1919. The Maison has a rich history and patrimony, distinguished by
exceptional craftsmanship and unique know-how. Its jewellery creations are renowned for
their highly distinctive look-and-feel evoking silk, damask, tulle and linen. All jewellery
pieces are handcrafted with techniques dating back to the Renaissance, in Buccellati’s four
in-house workshops, all located in Italy. Buccellati is also active in the fields of watchmaking
and silverware.
Commenting on the acquisition, Chairman of Richemont, said: “Distinguished by strong
heritage, craftsmanship and family spirit, Buccellati is one of the few Maisons in the dynamic
branded jewellery market which is complementary to our existing jewellery Maisons, in terms
of style, origins and craftsmanship. Buccellati meets the needs of the customers who are
looking for creative jewellery, with a highly distinctive style. We welcome Andrea Buccellati,
his family and his team. With them, we share a culture of constant quest for creativity,
innovation, quality and excellence. We look forward to ensuring the long-term development of
this unique jewellery Maison.”
https://www.richemont.com/media-cfr/company-announcements.html?view=article&id=772
Description

Lorem
IT Shades
Engage & Enable
20
Us Foods (USA) Receives Conditional Approval to Acquire
Sga’s Food Group of Companies
US Foods Holding Corp. announced that it has received conditional approval from the Federal Trade
Commission (FTC) to acquire SGA’s Food Group of Companies (SGA Food Group) for $1.8 billion
in cash. The five operating companies being acquired are Food Services of America, Inc. (FSA),
Systems Services of America, Inc., Amerifresh, Inc., Ameristar Meats, Inc. and GAMPAC Express,
Inc. US Foods expects to close the acquisition in the next few days. As a condition to receiving
regulatory clearance from the FTC, US Foods will divest three FSA distribution facilities located in
Kent (Seattle), Wash.; Meridian (Boise), Idaho; and Fargo, N.D. US Foods plans to retain a portion of
the business currently serviced from the Kent facility. Divestiture proceeds of approximately $90
million will be used to reduce US Foods’ debt. The combined annual Adjusted EBITDA of the
facilities to be divested was approximately $21 million for fiscal 2018. Definitive agreements for
each of the divestitures have been entered into with each of the respective buyers, and we expect to
close these transactions within 30 days following the completion of the SGA Food Group acquisition.
“We are excited to finalize this transaction and enhance our overall scale and footprint in the
attractive Northwest and West regions. Both companies share a strong commitment to innovation and
customer service, which will enable us to bring US Foods’ industry leading product innovation and
technology to SGA Food Group customers as well as to share SGA Food Group’s unique center of
plate, produce and logistics capabilities with US Foods customers,” commented US Foods Chairman
and CEO. “We look forward to welcoming SGA Food Group and their talented team members to US
Foods.”
https://ir.usfoods.com/investors/stock-information-news/press-release-details/2019/US-Foods-Receives-Conditional-Approval-to-Acquire-SGAs-Food-Group-of-Companies/default.aspx
Description

Lorem
IT Shades
Engage & Enable
21
X5 (Netherlands) launches RUB 10 billion bond
X5 Retail Group N.V., a leading Russian food retailer announces the
placement of a 001P-06 series rouble-denominated bond issue worth
RUB 10 billion issued by LLC X5 Finance. The coupon rate on the
bonds, which have a 2.5-year put option, was set at 7.40% p.a. The
Company plans to use the proceeds to cover current expenses, including
loan refinancing to improve the current loan portfolio structure. The
offering was arranged by Alfa-Bank, Region, VTB Capital,
Gazprombank, Credit Bank of Moscow, Raiffeisenbank and
Sovcombank, with Raiffeisenbank acting as the placement agent.
Х5 Chief Financial Officer commented: "X5 continues to efficiently
manage its debt portfolio. At the book closing date, we had achieved the
lowest coupon rate seen this year on the local market. We thank the
arrangers and the investors in this bond issue for our continued success
on the debt markets."
https://www.x5.ru/en/Pages/Media/News/260919-bonds.aspx
Description

IT Shades
Engage & Enable
Solution Updates

Lorem
IT Shades
Engage & Enable
Alibaba (China) Unveils AI Chip to Enhance Cloud
Computing Power
Alibaba Group unveiled its first AI inference chip developed by T-Head under the
Alibaba DAMO Academy, an initiative to lead technology development and scientific
research. The high-performance AI inference chip, a neural processing unit (NPU)
named Hanguang 800 that specializes in the acceleration of machine learning tasks, was
announced at Alibaba Cloud’s annual flagship Apsara Computing Conference. It is
currently being used internally within Alibaba’s business operations, especially in
product search and automatic translation on e-commerce sites, personalized
recommendations, advertising, and intelligent customer services. These areas require
extensive computing power for the AI tasks to optimize the shopping
experience.Propelled by a self-developed hardware framework, as well as
highly-optimized algorithm designs that are tailored for business applications such as
retail and logistics in the Alibaba ecosystem, Hanguang 800 has recorded remarkable
performance in tests. The single-chip computing performance reached 78,563 IPS at
peak moment, while the computation efficiency was 500 IPS/W during the Resnet-50
Inference test. Both performance scores largely outpace the industry average,
showcasing advantages underscored by a remarkable balance between powerful
computing capabilities and the highest level of computational efficiency.
https://www.alibabagroup.com/en/news/article?news=p190925
Solution Updates
Solution Description

Lorem
IT Shades
Engage & Enable
23
Alibaba (China) and WFP Unveil Next Generation of Machine
Learning Technology in the Fight against Hunger
Alibaba Group and the United Nations World Food Programme (WFP) announced
the launch of “Hunger Map LIVE,” a groundbreaking global hunger monitoring
system that uses Artificial Intelligence (AI), machine learning and data analytics to
predict and track the magnitude and severity of hunger in over 90 countries in
close to real-time. Hunger Map LIVE brings together streams of publicly available
information on food security, nutrition, conflict, weather and a variety of
macro-economic data – including from WFP all in one place to show a holistic
picture of the food security situation. It uses machine learning technology to make
informed predictions on food security even in areas where data is currently
limited. Advanced data visualization tools then convert the resulting analysis of
food insecurity at the global, country and subnational levels, and display it on an
interactive map. By having the most up-to-date information on food security on
one central platform, WFP, the broader humanitarian community and global
leaders can monitor progress and identify negative trends early, ultimately
enabling better informed decision-making to improve efficiency in response time
and curtailing costs.
Solution Updates

Lorem
IT Shades
Engage & Enable
24
Sysco’s Cutting-Edge Solutions(USA) Announces Additional
Product Offerings
Sysco Corporation, the leading global foodservice distribution company,
announced the availability of nine new products exclusively for customers through
its Cutting Edge Solutions platform. Designed to enable our customers to succeed
by differentiating themselves in an evolving and competitive business
environment, Cutting Edge Solutions products are sourced from leading and
up-and-coming suppliers and assists customers with refreshing their menus,
driving increased traffic and streamlining back-of-house operations. Since its
inception in October 2015, Cutting Edge Solutions has delivered over 3.5 million
cases of new, on-trend, innovative product offerings to customers.Sysco is the
global leader in selling, marketing and distributing food products to restaurants,
healthcare and educational facilities, lodging establishments and other customers
who prepare meals away from home. Its family of products also includes
equipment and supplies for the foodservice and hospitality industries. With over
69,000 associates, the company operates approximately 325 distribution facilities
worldwide and serves more than 650,000 customer locations. For fiscal 2019 that
ended June 29, 2019, the company generated sales of more than $60.1 billion.
http://investors.sysco.com/annual-reports-and-sec-filings/news-releases/2019/10-04-2019-205948252
Solution Updates

Lorem
IT Shades
Engage & Enable
25
Us Foods (USA) Launches Us Foods Direct
US Foods Holding Corp. announced the addition of US Foods Direct to the
company’s exclusive e-commerce platform. This new offering is integrated into
US Foods’ online ordering platform, providing operators with an endless aisle of
more than 40,000 specialty products and counting. US Foods Direct gives
operators easier access to hard-to-find ingredients, such as specialty spices,
seasonings, herbs, pastas, flours, sauces or oils, and innovative, on-trend items
such as plant-based proteins, dairy-free or vegan alternatives, and gluten-free
products. With US Foods Direct, operators now have a one-stop shop for
distinctive ingredients that will set their menu apart from the competition.
Sixty-three percent of foodservice operators say they want to improve on offering
something different from the competition.i Unfortunately, for many operators who
are searching for unique ingredients, this can mean sourcing products from other
specialty food channels which require longer lead times and additional resources.
With sixty two percent of operators reporting that they prefer to order food and
beverage products through a secure website,ii US Foods Direct provides seamless
online access to a broad selection of specialty items that arrive within five days.
https://ir.usfoods.com/investors/stock-information-news/press-release-details/2019/US-Foods-Launches-US-Foods-Direct/default.aspx
Solution Updates

IT Shades
Engage & Enable
Rewards & Recognition Updates

Lorem
IT Shades
Engage & Enable
26
Arca Continental(Mexico):Recognize Ac's
Sustainable Commitment
Arca Continental, one of the most important Coca-Cola bottlers in the
world, continues to consolidate its performance and impact on corporate
sustainability, reaching the highest international standards. Therefore, it
was selected to integrate the Dow Jones Sustainability Index (DJSI) in its
2019-2020 edition for Latin America (MILA), as part of the companies
with the best results in its environmental, social and corporate
governance management. The DJSI, together with RobecoSAM,
specializes in assessing the performance, environmental, social and
corporate governance of companies, being pioneers in this area and the
largest global benchmark for evaluating sustainable business practices.
The MILA Pacific Alliance index, to which Arca Continental now
belongs, groups the companies with the highest rating in the
sustainability assessment carried out by RobecoSAM of the stock
exchanges in Mexico, Colombia, Peru and Chile.
http://www.arcacontal.com/sala-de-prensa/comunicados/reconocen-compromiso-sustentable-de-ac.aspx
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
27
British American Tobacco (UK) is the only tobacco company featured
in prestigious Dow Jones Sustainability World Index
British American Tobacco (BAT), is pleased to announce that it has been listed in
the Dow Jones Sustainability Indices (DJSI) for the 18th consecutive year – and
has once again been named as industry leader in the DJSI’s most prestigious
World Index.Created jointly by S&P Dow Jones Indices and RobecoSAM, the
DJSI represents the gold standard for tracking corporate sustainability
performance of the world’s largest companies.BAT achieved industry-best scores
in 11 of the 21 categories, including Supply Chain Management, Human Rights,
and Labour Practice Indicators; highlighting the company’s commitment to
respecting the rights of our employees, the people we work with and the
communities in which we operate.The company has also achieved a maximum
100 per cent rating in four categories, including Environmental Reporting,
Environmental Policy and Management Systems and Operational Eco-Efficiency,
as well as a score of 98 in Climate Strategy; a credit to BAT’s efforts in promoting
excellence in environmental management.
https://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DOBG3MR3
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
28
General Mills (USA) recalls five-pound bags of Gold Medal
Unbleached All Purpose Flour
General Mills announced a voluntary national recall of five-pound bags of its
Gold Medal Unbleached All-Purpose Flour with a better if used by date of
September 6, 2020. The recall is being issued for the potential presence of E.
coli O26 which was discovered during sampling of the five-pound bag
product. This recall is being issued out of an abundance of care as General
Mills has not received any direct consumer reports of confirmed illnesses
related to this product. This recall only affects this one date code of Gold
Medal Unbleached All-Purpose Flour five-pound bags. All other types of
Gold Medal Flour are not affected by this recall.Guidance from the Food and
Drug Administration (FDA) and the Centers for Disease Control (CDC)
continues to warn that consumers should refrain from consuming any raw
products made with flour. E. coli O26 is killed by heat through baking,
frying, sautéing or boiling products made with flour. All surfaces, hands and
utensils should be properly cleaned after contact with flour or dough.
https://www.generalmills.com/en/News/NewsReleases/Library/2019/September/General-Mills-recalls-five-pound-bags-of-Gold-Medal-Unbleached-All-Purpose-Flour
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
29
General Mills (USA) named to prestigious Dow Jones Sustainability
World and North American Indices for second consecutive year
General Mills has been named for the second consecutive year to both the Dow
Jones Sustainability World Index and the North American Index by S&P Dow
Jones Indices and sustainability asset management firm RobecoSAM. The Dow
Jones Sustainability Index (DJSI) is one of the most elite recognitions for
leadership in corporate sustainability, and is based on in-depth analysis of
economic, environmental and social performance. General Mills ranked in the
88th percentile overall, and secured industry-best scores of 100 in Health &
Nutrition, Environmental Reporting, Corporate Citizenship & Philanthropy, and
Labor Practice indicators. Companies listed in the annual Dow Jones
Sustainability Indices (DJSI) have demonstrated best-in-class performance against
numerous sustainability metrics. The DJSI review provides thorough analysis of
material economic, environmental and social practices, such as innovation or
supply chain management, climate strategy and stakeholder engagement, and
places a special focus on industry-specific risks and opportunities.
https://www.generalmills.com/en/News/NewsReleases/Library/2019/September/General-Mills-named-to-Dow-Jones-Sustainability-World-and-North-American-Indices-second-year
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
30
Givaudan (Switzerland) ranks in top 1% in 2019
EcoVadis survey
Givaudan announced that it has ranked in the top 1% of the 55,000 companies
participating in the 2019 EcoVadis Corporate Social Responsibility (CSR)
assessment with a score of 72/100. This result earned Givaudan a gold rating for
the fifth year in a row.The results underline Givaudan’s commitment to
sustainability and the Company’s success in implementing the programmes that
drive it. Sustainability ratings provider EcoVadis found that Givaudan is
particularly strong in sustainable procurement, an area supported by Sourcing for
Shared Value, a comprehensive approach that builds upon and further strengthens
the Company’s long-term commitment to sustainable procurement practices in the
three core areas of Responsible Sourcing, Sourcing at Origin and Communities at
Source.EcoVadis’s assessment serves as an evaluation of how well a company has
integrated the principles of CSR into its business and management systems. It
looks at criteria in the categories of environment, labour and human rights, ethics
and sustainable procurement to compare the performance of companies in
different sectors.
https://www.givaudan.com/media/media-releases/2019/givaudan-earns-ecovadis-gold-rating
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
31
Hershey (USA) Named to Dow Jones Sustainability World
Index For Seventh Consecutive Year
The Hershey Company has once again been named to the prestigious Dow Jones
Sustainability World and North America Indices (DJSI). Hershey received its best
scores and largest improvements in key sustainability measures since joining the
index in 2012. The company saw double-digit percentage improvements in key
sustainability areas, including: Environmental, Raw Material Sourcing, Labor
Practice Indicators, Human Rights, Human Capital Development and CSR &
Philanthropy. The largest increase, which was a 35 percent improvement in
Human Rights, comes following the company’s launch of its global Human Rights
policy earlier this year.Hershey is one of only 8 companies from the Food,
Beverage and Tobacco Industry in the World Index and one of six in the North
America Index. This is the seventh consecutive year that Hershey has been
included in the World Index and the eighth year for the North American Index.
Hershey was evaluated among the 2,500 largest companies tracked in the S&P
Global Broad Market Index, and Hershey’s DJSI ranking puts the company’s
sustainability performance among the best in the world.
https://www.thehersheycompany.com/content/corporate_SSF/en_us/news-detail.html?13946
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
32
Hormel Foods (USA) Receives Accolades for Inspired Hires
Employee Onboarding Program
Hormel Foods Corporationwas named the winner of a Silver Stevie® Award
in the Achievement in New Employee Onboarding category for its Inspired
Hires program in the fourth annual Stevie Awards for Great Employers.The
Stevie Awards for Great Employers recognize the world’s best employers and
the human resources (HR) professionals, teams, achievements and HR-related
products and suppliers who help to create and drive great places to
work.Highlights of the Inspired Hires program include training on the
company’s cultural beliefs, an exercise/game called the Discovery Map that
allows new hires to learn about the company, executive participation, a
welcome box containing samples of the company’s products and a
personalized video message from an Inspired Hires ambassador.More than
600 nominations from organizations of all sizes were submitted this year for
consideration in a wide range of HR-related categories. More than 60
professionals worldwide participated in the judging process to select this
year’s Stevie Award winners.
https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-receives-accolades-for-inspired-hires-employee-onboarding-program/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
33
Kao (Japan) Named to the Dow Jones Sustainability World
Index for Sixth Consecutive Year
Kao Corporation has been selected for inclusion in the 2019 Dow Jones
Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia
Pacific Index (DJSI Asia Pacific), among the world's most renowned socially
responsible investment (SRI) indices. This is the sixth year in a row that Kao has
been named to the indices.The Dow Jones Sustainability Indices are offered
cooperatively by S&P Dow Jones Indices in the United States and SAM in
Switzerland to evaluate the sustainability of the world's leading companies with
regards to key areas such as environmental, social and governance (ESG) criteria.
This year, about 2,500 major companies were evaluated, and 318 companies were
named to DJSI World.Kao received high evaluation for its efforts related to the
criteria of Product Quality and Recall Management and Innovation Management
in the economic category, which also covers governance. Kao's engagement to
Environmental Reporting, Product Stewardship, Climate Strategy, and Packaging
was lauded in the environmental category, while its Social Reporting was highly
evaluated in the social category.
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
34
Kao (Japan) included in stock indices for ESG investing: MSCI Japan ESG
Select Leaders Index and MSCI Japan Empowering Women Index (WIN)
Kao Corporation has been included in global stock indices for environmental,
social and governance (ESG) investing: MSCI Japan ESG Select Leaders Index
for the third consecutive year; and MSCI Japan Empowering Women Index (WIN)
for the second time. The MSCI Japan ESG Select Leaders Index and MSCI Japan
Empowering Women Index (WIN) are developed by MSCI (US), a company
providing institutional investors around the world with various support tools for
their decision making. The indices are composed of companies with outstanding
ESG performance selected from the MSCI Japan IMI Top 700 Index and Top 500
Index, respectively. These indices are broadly used as important criteria by global
investors who focus on each company's ESG efforts. With these designations, Kao
continues to be included in all of the ESG indices*1 that apply to Japanese
companies and are selected by the Government Pension Investment Fund (GPIF),
one of the world's largest pension funds that manages and invests the reserve funds
of the National Pension and the Employees' Pension Insurance, both of which are
public pension plans in Japan.
https://www.kao.com/global/en/news/2019/20190924-001/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
35
Dow Jones Lists Top Companies in Sustainability – Kesko
(Finland) Included
Kesko has been included in the esteemed Dow Jones Sustainability Indices
the DJSI World and the DJSI Europe as the only trading sector company in
Finland.Other Finnish companies included in the Dow Jones Sustainability
Indices this year are Nokian Tyres, Valmet, Wärtsilä, UPM-Kymmene and
Neste. Kesko has been included in the indices in 2003–2014 and in 2017 and
2018.The Dow Jones Sustainability Indices (DJSI) were launched 20 years
ago in 1999 with the aim of helping investors and analysts assess the
sustainability of companies. Companies are selected for the DJSI based on an
independent sustainability assessment conducted by RobecoSAM, an
investment specialist focused on sustainability investing.Some 4,500 listed
companies annually are invited to participate in the assessment, and the top
10% of companies in each industry are selected for index inclusion. The
assessment analyses company activities in areas of economic, social and
environmental responsibility.
https://www.kesko.fi/en/media/news-and-releases/press-releases/2019/dow-jones-lists-top-companies-in-sustainability---kesko-included/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
36
Working Mother Names Kimberly-Clark (USA) One of
2019's 100 Best Companies
Kimberly-Clark has been named to Working Mother's annual list of the
100 Best Companies for 2019 for its work to create opportunities for
female career advancement, paid parental leave, benefits and flextime.
The company also earned a spot on the 2017 and 2018 lists.The 100 Best
Companies application includes more than 400 questions on leave
policies, workforce representation, benefits, childcare, advancement
programs, flexibility policies and more. It surveys the availability and
usage of these programs, as well as the accountability of the many
managers who oversee them.Working Mother also recognized
Kimberly-Clark's Working Mother of the Year Jenny Misek. Described as
adaptive and committed, Jenny believes that working full time while
raising two autistic children has helped her find balance and focus. By
approaching life and work with a defined plan, she has been able to live
in the moment and meet her family and teams' needs.
https://kimberlyclark.gcs-web.com/news-releases/news-release-details/working-mother-names-kimberly-clark-one-2019s-100-best-companies
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
37
The Latin American Water Funds Partnership Recognized By P4g
For Its Contributions To Water Security Across Latin America
The Partnering for Green Growth and the Global Goals 2030 (P4G) initiative
announced the State-of-the-Art Partnership Awards 2019 results chosen after a
global competition to recognize the most innovative and successful public-private
partnerships that are driving green growth and climate action, with measurable
success and focused on one of the UN Sustainable Development Goals (SDGs).
The Latin American Water Funds Partnership received the award in the “Clean
Water and Sanitation “category. Having qualified as the best in its category, the
Latin American Water Funds Partnership (LAWFP) was recognized for its
contribution implementing the Water Funds model in 24 cities in Latin America
and another 15 in the process of development through the scheme of multisectoral
associations that propose local solutions to the water challenges that each city
faces. In this sense, the LAWFP has developed a regional perspective of the
problem to be solved but promotes solutions that are analyzed and implemented at
the local level.
http://www.femsa.com/en/press/the-latin-american-water-funds-partnership-recognized-by-p4g-for-its/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
38
Penske Automotive Group (USA) Dealerships Named Best To Work ForThirty-Three
Dealerships Recognized by Automotive News Best Dealerships to Work For 2019
Penske Automotive Group, Inc., an international transportation services company,
announced that thirty-three of its dealerships have been recognized by Automotive
News on the Best Dealerships to Work 2019 List, more than any other dealership
group. For the second consecutive year, a Penske Automotive dealership received
top honors with Audi Turnersville named the Best Dealership to Work for in the
U.S. for 2019.Penske Automotive Group, Inc., headquartered in Bloomfield Hills,
Michigan, is an international transportation services company that operates
automotive and commercial truck dealerships principally in the United States,
Canada, and Western Europe, and distributes commercial vehicles, diesel engines,
gas engines, power systems and related parts and services principally in Australia
and New Zealand. PAG employs more than 27,000 people worldwide and is a
member of the Fortune 500, Russell 1000, and Russell 3000 indexes, and is ranked
among the World's Most Admired Companies by Fortune Magazine.
https://www.penskeautomotive.com/file/Index?KeyFile=399816569
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
39
Philip Morris International (USA) Recognized for Best-in-Class
Practices by the 2019 Golden Bridge Awards®
Philip Morris International Inc. announced that it has earned four prestigious honors in
the 2019 Golden Bridge Business and Innovation Awards®, the world’s premier
“Business Awards” program honoring achievements in every industry around the world.
More than 150 judges from a broad spectrum of industries participated in the 11th
annual awards with their average scores determining the winners. PMI received three
Gold awards in the Human Resources Executive of the Year (Charles Bendotti, SVP of
People & Culture); Milestone of The Year, Other (PMI’s global EQUAL-SALARY
certification); and Achievement of the Year, Corporate Communications (PMI’s
leadership in equal pay and gender balance) categories. PMI’s COO Jacek Olczak was
also named Silver winner in the Maverick of the Year category. All four awards
demonstrate the company’s drive and progression in achieving its vision of a
smoke-free future.The awards showcase PMI’s progress toward a smoke-free future; a
future without combustible cigarettes. To achieve this, PMI is undergoing the largest
transformation in its history, both internally and externally, which has the potential to
improve public health and provide millions of adult smokers who would otherwise
continue smoking with alternatives that are a better choice than continuing to smoke.
https://www.pmi.com/media-center/press-releases/press-release-details/?newsId=21566
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
40
PVH (USA) Re-Certified as a Great Place to Work for
Second Year in a Row
PVH has been officially certified as a Great Place To Work® in the U.S
for the second year in a row. Great Place To Work® Certification is
determined by feedback from associates gathered through anonymous
surveys conducted by a third party that are analyzed and measured
against a benchmark for outstanding workplace standards. According to
survey results, 87% of PVH’s U.S. associates affirmed that PVH is a
“great place to work.” Our associates consistently ranked PVH’s
leadership, inclusive culture, commitment to the environment and sense
of community as key reasons they feel proud to work at PVH.Among the
opportunities and benefits associates enjoy are PVH University’s Leaders
as Teachers program, the Associate Relief Fund and PVH’s commitment
to making positive impacts.
https://www.pvh.com/news/feature-articles/PVH-Certified-Great-Place-To-Work
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
41
Rakuten (Japan) Selected for Dow Jones Sustainability
Asia Pacific Index
Rakuten, Inc. is pleased to announce that it has been selected as a constituent
of the 2019 Dow Jones Sustainability Asia Pacific Index (DJSI).The DJSI is
an investment index jointly developed by S&P Dow Jones Indices and
Switzerland-based RobecoSAM in 1999 that evaluates listed companies in a
variety of fields based on environmental, social and governance factors and
selects those that excel in long-term sustainability.In recent years, a growing
number of investors take into account not only companies’ quantitative
financial information, but also environmental, social and governance
practices when making investment decisions, such as climate change,
employee diversity, human rights, or governance structures. The DJSI is
widely used globally as a reference for ESG investments.Rakuten was
recognized for its efforts across a broad range of categories, notably privacy
protection, brand management, customer relationship management and
corporate citizenship and philanthropy, which led to the selection in the
index.
https://global.rakuten.com/corp/news/press/2019/0917_01.html?year=2019&month=9&category=corp%20ir
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
42
RB (UK)rejoins Dow Jones Sustainability World Index
RB has re-joined the Dow Jones Sustainability Index (DJSI) after two years. This
exceptional result reflects the improvements we have been making across the
business to run our business in a responsible way. The DJSI covers a broad range
of company practice from corporate governance to social metrics, in addition to
the traditional sustainability agenda. It measures us against our peers from a
spectrum of industries across a broad range of different measures and remains one
of the leading external indices, viewed by investors, customers and other
stakeholders as a strong, independent review of overall performance and practice. 
Highlights for RB include:
• An increase in our overall score to 82 and maximum score of 100 in 5 out of 14
criteria
• Significant improvement in our packaging, talent attraction & retention and
product quality & recall management scores
• Notable progress made across supply chain management, human rights and risk
& crisis management
https://www.rb.com/media/news/2019/september/rb-rejoins-dow-jones-sustainability-world-index/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
43
Ahold Delhaize (Netherlands) remains ranked among sector
leaders in Dow Jones Sustainability World Index
The 2019 Dow Jones Sustainability World Index (DJSI World)
ranked Ahold Delhaize among the industry leaders in the Food
and Staples Retailing sector for the fourth consecutive year. The
DJSI World tracks the performance of the world’s leading
companies against economic, environmental and social criteria. It
is an important barometer to measure our performance and
progress in these areas, not only in our own operations but also
with customers and in our supply chain.
https://www.aholddelhaize.com/en/media/latest/media-releases/ahold-delhaize-remains-ranked-among-sector-leaders-in-dow-jones-sustainability-world-index/
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
44
Shiseido (Japan) Wins Top Award at IFSCC Conference
2019 in Milan
Shiseido Company, Limited (“Shiseido”) hereby announces that Kazuki Takagaki won
the top award in the Podium Presentation category at the IFSCC* Conference 2019,
held from September 30 to October 2, 2019 in Milan. IFSCC is recognized as the
world’s most authoritative meeting, where researchers compete by presenting
technologies in the field of cosmetic science. Among the approximately 380
presentations made at the Conference (60 in the Podium Presentation category, 320 of in
the Poster Presentation category), the research presentation by Kazuki Takagaki
“Holistic Beauty – Three-Dimensional Macroscopic Visualization of Vasculature in
Skin and its Physical Relevance in Skin-Aging – ” was given the top award. The IFSCC
Congress is held once every two years and an IFSCC Conference is held between
Congresses. Including the IFSCC Congress, Shiseido has won 27 awards (including 23
top awards) in total – the largest number among cosmetics manufacturers globally.In
April 2019, the new research center “Shiseido Global Innovation Center” started full
operation. Shiseido continues to pursue innovative value creation with the competitive
advantage of its R＆D capabilities, which are highly acclaimed around the world.
https://www.shiseidogroup.com/news/detail.html?n=00000000002769
R & R Updates
R&R Description

Lorem
IT Shades
Engage & Enable
45
Stanley Black & Decker (USA) Recognized as Global Sustainability
Leader on 2019 Dow Jones Sustainability Indices
Stanley Black & Decker announced that it has earned the distinction of being a
component of the Dow Jones Sustainability World Index (DJSI) by S&P Dow Jones
Indices and RobecoSAM for the second year. Additionally, the world's largest tools and
storage company and leader in engineered fastening and security maintained its
inclusion on the DJSI North America Index for the ninth consecutive year. The DJSI
series is considered a gold standard for corporate sustainability and is the first global
index to track the leading sustainability-driven companies based on financially material
Environmental, Social, and Governance (ESG) factors. To form the index, RobecoSAM,
an investment specialist focused on sustainability investing, assesses more than 3,500 of
the world's largest companies through its annual Corporate Sustainability Assessment
(CSA). Companies are evaluated based on a range of financially relevant sustainability
criteria covering the economic, environmental and social dimensions. The DJSI World
Index recognizes the top 10 percent of companies within each industry globally, while
the top 20 percent of companies in the United States and Canada are included on the
North America Index.
https://www.stanleyblackanddecker.com/article/stanley-black-decker-recognized-global-sustainability-leader-2019-dow-jones-sustainability
R & R Updates
R&R Description

IT Shades
Engage & Enable
Customer Success Updates

Lorem
IT Shades
Engage & Enable
46
Rakuten Payment (Japan) and Seven-Eleven Japan Agree to Introduce
“Rakuten Pay” Smartphone App Payment Service
Rakuten Payment, Inc., a Rakuten Group company, and Seven-Eleven Japan Co.,
Ltd. announced that the two companies have agreed to introduce the Rakuten Pay
smartphone app payment service to 7-Eleven convenience stores around Japan.
From October 1, customers will be able to make payments through the barcode
displayed on the Rakuten Pay app at all 21,034 7-Eleven convenience stores*1
nationwide. Rakuten Pay is a smartphone app payment service that allows
Rakuten members to easily make payments with credit cards, etc. registered to
their Rakuten account. When the service launches, users will be able to make
payments at 7-Eleven stores by having the barcode displayed on the app scanned
by a staff member at the cash register. By using the app, users can earn and use
Rakuten Super Points, the Rakuten Group’s loyalty point program that is ranked
number one for overall user satisfaction*2 among point programs. By linking a
Rakuten Card credit card to the app, users can also earn points from both Rakuten
Pay and Rakuten Card
https://global.rakuten.com/corp/news/press/2019/0909_01.html?year=2019&month=9&category=ec%20fintech
Customer Success Updates
Description

IT Shades
Engage & Enable
Partnership Ecosystem Updates

Lorem
IT Shades
Engage & Enable
47
Richemont and Alibaba Group (China) Announce the Launch of NET-A-PORTER
Flagship Store on Tmall Luxury Pavilion in China
Richemont and Alibaba Group announce the opening of the NET-A-PORTER flagship store
on Alibaba’s Tmall Luxury Pavilion, an exclusive platform dedicated to the world’s leading
luxury and fashion brands. The launch marks the beginning of operations of the joint venture
(named FENG MAO ) established between YOOX NET-A-PORTER GROUP, the world’s
leading online luxury and fashion retailer, and Alibaba Group, the world’s largest online and
retail commerce company by gross merchandise volume. The NET-A-PORTER flagship
store’s grand launch campaign will begin in the second week of October, after China’s Golden
Week. The NET-A-PORTER flagship store will be placed on the key position of Tmall Luxury
Pavilion. It brings the latest season collections retailed by NET-A-PORTER and MR PORTER
to online luxury consumers in China, under one storefront. At launch, the store offers a
carefully curated selection of more than 130 luxury, designer brands for women and men. The
offer will be expanded in the following months, and will include exclusive capsule collections.
Brands that are made immediately available include Brunello Cucinelli, The Row, Balmain,
Isabel Marant, Jimmy Choo and Tom Ford. The Richemont Maisons immediately available
include Cartier, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget,
Roger Dubuis and Vacheron Constantin as well as Alaïa, Chloé, dunhill and Montblanc.
Partner Ecosystem Updates
Description

Lorem
IT Shades
Engage & Enable
48
Amorepacific Group (South Korea) Signs MOU with
Alibaba Group
Amorepacific Group signed an MOU with Alibaba Group. The two companies
agreed to closely collaborate on big data-based consumer research and new
product development by signing the MOU. In addition, both companies opened
‘A2 Hangzhou Camp’, a collaboration office nearby Alibaba Group Corporate
Campus in Hangzhou, agreeing to strengthening partnership with Alibaba Group’s
Tmall Innovation Center.Amorepacific Group will collaborate with Tmall, China’s
largest B2C marketplace for global brands and retailers, on pre-launch of new
products and expanding the reach of smart stores that connect online and offline
channels. Through this partnership, Amorepacific Group aims to strengthen the
role of Tmall from a simple sales channel into an integrated brand marketing
platform that connects brands and consumers.Amorepacific Group first entered
Tmall in 2012 by launching its premium cosmetics brand Laneige, and currently
offers 10 beauty brands, including Sulwhasoo, Innisfree, and Ryo, through Tmall.
In August, luxury naturalism brand Primera officially entered China by opening a
flagship store on Tmall.
http://www.apgroup.com/int/en/misc/news/2019-09-11.html
Description

Lorem
IT Shades
Engage & Enable
49
Glencore Agriculture Limited joins ADM, Bunge (USA), Cargill, COFCO International and LDC
in industry-wide initiative to modernize global agriculture commodity trade operations
The industry-wide initiative to modernize global agricultural commodity trade operations
announced that another major partner, Glencore Agriculture Limited, has joined the effort.The
initiative, which now includes Glencore Agriculture Limited as well as Archer Daniels
Midland Company Bunge Limited, Cargill Incorporated, COFCO International Ltd and Louis
Dreyfus Company, is initially looking at new technologies – such as blockchain and artificial
intelligence – to create digital solutions to automate grain and oilseed post-trade execution
processes, reducing costs needed to move agricultural and food products around the globe.
The group is projecting launch of the new platform in the second half of 2020 subject to
regulatory approval.Since announcing the project in October 2018, the group has held
workshops and roundtable discussions with a broad range of industry stakeholders, including
shippers, charterers, buyers, service providers, financial institutions, trade associations,
industry standards and regulatory authorities. By collaborating on critical issues such as
security and data privacy, technology choices, business model, adoption strategy, and
functionalities and capabilities, the group is ensuring that the new platform will meet the
needs of the entire industry.
https://www.adm.com/news/news-releases/glencore-agriculture-limited-joins-adm-bunge-cargill-cofco-international-and-ldc-in-industry-wide-initiative-to-modernize-global-agriculture-commodity-trade-operations
Description

Lorem
IT Shades
Engage & Enable
50
ADM (USA) Joins Forces with LG Chem to Develop Sustainable
Technology for Superabsorbent Polymers Used in Diapers
Archer Daniels Midland Company and LG Chem announced a joint development agreement
to create biobased acrylic acid, a foundational element required in the manufacture of
superabsorbent polymers (SAP) used in a range of hygiene products, including diapers.Under
the terms of this agreement, ADM and LG Chem, one of the world’s leading manufacturers of
acrylic acid, will work jointly towards economically viable commercial production of a 100%
biobased acrylic acid using ingredients from ADM corn processing. Although there is growing
industry demand for products developed from renewable materials, acrylic acid is currently
produced almost exclusively from petrochemicals. To support production, LG Chem plans to
review the construction of a bio-SAP production plant in North America, and to explore
additional bio plastic business opportunities.Sustainable innovation is not new to ADM. In
2018, ADM and DuPont opened the world’s first production facility for biobased FDME.
Using ingredients from ADM corn processing, FDME is a product that both extends product
shelf life and reduces the amount of plastic needed in carbonated beverage packaging. In
response to consumer demand for environmentally responsible products, many consumer
packaged goods companies have committed to more sustainable packaging, including the use
of biobased materials.
https://www.adm.com/news/news-releases/adm-joins-forces-with-lg-chem-to-develop-sustainable-technology-for-superabsorbent-polymers-used-in-diapers
Description

Lorem
IT Shades
Engage & Enable
51
CPF (Thailand) named in DJSI member list for
5th consecutive year
Charoen Pokphand Foods PCL has been listed in Dow Jones Sustainability Indices
Emerging Markets 2019, a globally recognized sustainability index, for five
consecutive years. This reflects trust and acceptance as a leading sustainable
business practices and growth of the company.CP Foods emphasizes on efficiency
management in all dimensions including economy, social and environment.
Particularly, the company has outstanding performances in many areas such as
reducing plastic packaging by 27,000 tons during 2006 – 2019, shifting to
renewable energy in feed, farm, food businesses with a combined of 25% of its
total energy consumption, projecting to achieve carbon footprint reduction at 25%
by 2025 compares to based-year in 2015, conducting Human Rights Due
Diligence to ensure fair labor practices and undertaking innovation to drive
long-term business growth.DJSI is one of the most highly regarded global
sustainability indices, jointly developed by S&P Dow Jones Indices and SAM.
Over 3,500 publicly traded companies in 61 industries across the world were
invited to participate in SAM’s Corporate Sustainability Assessment (CSA), which
covers economic, social and environmental dimensions.
https://www.cpfworldwide.com/en/media-center/1167
Description

Lorem
IT Shades
Engage & Enable
52
Colruyt (Belgium) Group is a test partner in the
H2Haul project
Colruyt Group is an active partner in the H2Haul project. As a dedicated
end user, Colruyt Group will test a truck in its daily logistics operations.
Due to the diversity of the group, it will be able to test a variety of user
cases. Our goal is to gain knowledge and experience to prove that
hydrogen technology can be used efficiently in heavy logistics. We
strongly believe in the future important role of green hydrogen as a
sustainable option: renewable and without CO₂ emissions. We are very
enthusiastic about this European test project in which we integrate
hydrogen technology to make the heavy-duty logistics sector more
sustainable.The project, coordinated by Element Energy, has been made
possible by a grant of €12 million from the European Commission via the
Fuel Cells and Hydrogen Joint Undertaking (FCH JU). The project
consortium also includes the following organisations: Air Liquide, Eoly,
H2 Energy, Hydrogen Europe, IRU Projects, THINKSTEP, WaterstofNet.
https://www.colruytgroup.com/wps/portal/cg/en/home/press/press-releases/colruyt-group-is-a-test-partner-in-the-h2haul-project
Description

Lorem
IT Shades
Engage & Enable
53
Totino's teams up with Activision in advance of Call of Duty:
Modern Warfare launch
Totino's proudly teams up with the celebrated Call of Duty franchise, in
advance of the highly anticipated Call of Duty: Modern Warfare launch.
As part of the collaboration, consumers can unlock Call of Duty items
inside Modern Warfare with the purchase of participating products,
including Totino's Pizza Rolls, Mini Snack Bites and Multi-Pack Party
Pizza, by entering unique codes found on the packaging.Additionally,
Totino's kicks off this exciting announcement at TwitchCon, which takes
place September 27 to 29 in San Diego, California. The brand activation
will host The CouRage and Nadeshot Show, where Nadeshot and Jack
"CouRageJD" Dunlop will welcome a special guest, Sodapoppin, Twitch
streamer and internet personality, and speak to the latest in pop culture
and gaming. In addition, consumers and fans can stop by the Totino's
booth during TwitchCon to level up their gaming experience, watch
content being filmed, and take fun, interactive photos.
https://www.generalmills.com/en/News/NewsReleases/Library/2019/September/Totinos-teams-up-with-Activision
Description

Lorem
IT Shades
Engage & Enable
54
H&M (Sweden) Collaborates with Pringle Of Scotland On
Knitwear Line
H&M is pleased to announce a collaboration with the heritage label
Pringle of Scotland on a line of traditional knitwear, which has been
given a sporty spin. Developed by H&M’s in-house design team
alongside Pringle of Scotland’s creative studio, the Pringle of Scotland x
H&M collection will be available worldwide and online from October
3.The revitalising colour palette plays into that sense of ease: an
autumnal mix of classic mustard, dove grey and biscuit brown is shot
through with unexpected flashes of acid yellow. The collection makes
clever use of recycled polyester and organic cotton along with cosy wool
and smooth viscose fibres. And, in a playful touch for the dog-lovers
amongst customers, the collection also includes dog sweaters in matching
prints and colours.
https://about.hm.com/news/general-news-2019/h-m-collaborates-with-pringle-of-scotland-on-knitwear-line-.html
Description

Lorem
IT Shades
Engage & Enable
55
Imperial Brands (UK) PLC Diversifies Next Generation Product
Portfolio to Provide Further Options for Future Growth
Imperial Brands PLC is pleased to announce a research and development
partnership with Auxly Cannabis Group Inc., a listed Canadian cannabis company.
As part of the transaction Imperial will invest CAD123 million (£75 million) by
way of a convertible debenture and grant Auxly global licences to its vaping
technology and access to its innovation business Nerudia.Legalised cannabis is a
highly regulated adjacent sector to tobacco. Following an extensive evaluation of
the Canadian market Imperial selected Auxly as its partner of choice due to the
high calibre of its assets, people and capabilities. Imperial’s investment will
accelerate the delivery of Auxly’s business plan ahead of significant regulatory
change to the Canadian cannabis market in October 2019.The transaction grants
Auxly global licences to Imperial’s vaping technology and research and
development capabilities for cannabis use. The shared ability to rapidly innovate
as the Canadian market evolves is key to future growth and Auxly will work
closely with a small dedicated team from Nerudia in developing a portfolio of new
and enhanced brands and products.
https://www.imperialbrandsplc.com/media/key-announcements/2019/imperial-brands-plc-diversifies-next-generation-product-portfoli.html
Description

Lorem
IT Shades
Engage & Enable
56
McDonald's USA Enters Agreement with Keurig Dr Pepper
(USA) for McCafé Packaged Coffee
McDonald's USA (MCD) and Keurig Dr Pepper (KDP) announced a
long-term master licensing and distribution agreement for McCafé
packaged coffee in the U.S. This new partnership, which brings together
the national McCafé brand with Keurig Dr Pepper's leadership in
specialty coffee and tea, represents the next chapter in the McCafé
packaged coffee business that launched with Kraft Heinz in 2014. Under
the agreement, KDP will continue to be the exclusive manufacturer of
McCafé K-Cup® pods in the U.S. KDP will also take on responsibility
for coffee sourcing, distribution and marketing of the McCafé brand in
K-Cup® pods and bagged and canned coffee formats in all classes of
trade, including retail and e-commerce, beginning in the second half of
2020. With this partnership, McCafé will continue to be marketed
alongside KDP's market leading single-serve brewing systems in addition
to in the coffee aisle.
http://news.keurigdrpepper.com/2019-09-26-McDonalds-USA-Enters-Agreement-with-Keurig-Dr-Pepper-for-McCafe-Packaged-Coffee
Description

Lorem
IT Shades
Engage & Enable
57
Graco® Announces Partnership with Baby2Baby to Help Pro-
vide Baby Products To Families In Need
Graco is excited to announce that it will be partnering with non-profit
organization, Baby2Baby, to help families in need gain access to the necessary
baby gear to keep little ones safe. To start the partnership, Graco donated over
$250,000 in product including a variety of car seats, strollers, playards, swings and
highchairs to support the children living in poverty Baby2Baby serves.
Educational materials on car seat safety and safe sleep will accompany the
donation, helping to support Baby2Baby's programs and providing parents with
tips and tools to assist in keeping their little ones protected.In addition to the
product donation, Graco will also give $10,000 to support Baby2Baby's Sweet
Dreams initiative, which aims to provide every child with a safe place to sleep.
Sleep safety is an important issue to the organization, as the cost of safe sleep
options is prohibitive for many low-income families, making children living in
poverty the most vulnerable. As Graco's top priority is to develop safe products for
children, this partnership was one they were eager to support.
https://ir.newellbrands.com/news-releases/news-release-details/gracor-announces-partnership-baby2baby-help-provide-baby
Description

Lorem
IT Shades
Engage & Enable
58
Nike (USA) and China High School Basketball League
Announce Expanded Partnership
Nike is partnering with the China School Sports Federation [CSSF] to expand the China
High School Basketball League [CHBL], increasing the league's intranational reach,
investing in league marketing strategies and providing playing apparel beginning in the
2019-20 season, while building off the platform of the 2019 FIBA World Cup to
advance the competitive, recreational and grassroots opportunities within the game
nationwide. The partnership includes expansion of the former CHBL from 84 teams in
three provinces to 327 teams (264 Men’s and 108 Women’s) in 22 provinces, as well as
a newly expanded playoff system.The announcement comes as Nike has widened the
national spectrum of opportunity within the game, from supporting the myriad
development of the China Men’s and Women’s National Teams to introducing Mini
Basketball in 2019, which provides child-sized equipment and furthers PE teacher
training within China, with a goal to fund 1,000 schools across China in three years. In
consolidating the platform for high school basketball, the partnership aims to further
promote the culture of basketball in China.
https://news.nike.com/news/nike-and-china-high-school-basketball-league-partnership-2019-20
Description

I-Byte Retail and consumer goods Industry

I-Byte Retail and consumer goods Industry

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Ähnlich wie I-Byte Retail and consumer goods Industry

Ähnlich wie I-Byte Retail and consumer goods Industry (20)

Mehr von EGBG Services

Mehr von EGBG Services (20)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

I-Byte Retail and consumer goods Industry