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With more than 100,000 employees in the U.S., PepsiCo makes an impact through sustainability initiatives that reach far beyond the brand’s products. Through its Recycle Rally program, PepsiCo offers more than 250 free online resources to students, faculty and school staff members across the country with the goal of increasing recycling rates at schools. Via those resources, Recycle Rally helps schools set recycling goals, track progress toward those goals, earn rewards and compete in contests for cash prizes.
Nearly 6,000 schools have participated in Recycle Rally over the past nine years, collecting more than 320 million plastic bottles and aluminum cans. In 2018, PepsiCo began open-sourcing all of their Recycle Rally resources to the general public which has enabled local communities to take advantage of the Recycle Rally tools, including how to start a green team and host a recycling collection drive. And by encouraging recycling, parents of children in the Recycle Rally program reported not only bringing their containers to the school drop off-site, but also increasing recycling of other materials in their homes.
PepsiCo hasn’t stopped there. In 2018, PepsiCo made a $10 million investment in The Recycling Partnership (TRP) to launch “All In On Recycling,” an industry-wide challenge to raise $25 million to improve recycling for 25 million families. By providing curbside carts to single-family homes, creating infrastructure to collect recyclables from multi-family housing and offering recycling education and operations, PepsiCo’s investment helps to simplify recycling and create stronger, cleaner communities. In Iowa City, for example, PepsiCo’s TRP investment will support the delivery of recycling carts to every household served by their recycling program—expanding curbside recycling to 16,000 households—along with a customized public education campaign designed to help residents recycle better.
“Recycling is an essential part of PepsiCo’s long-term approach to sustainable packaging for our food and beverage products,” said David Lapp, PepsiCo Beverages North America chief supply chain officer. “We work to support recycling wherever we do business, and as a U.S.-based company with significant operations, sales and local presence in cities and towns across the country, we have a special responsibility to do our part for U.S. recycling.”
As part of PepsiCo’s sustainability agenda, the company aims to build a world where plastics never need to become waste. In less than a decade, PepsiCo’s recycling efforts—through partnerships, pilots, large-scale programs and packaging innovation—have helped recycle more than 425 million bottles and cans.
“Sustainability is a real priority for the manufacturing industry as a whole,” said Laura Berkey-Ames, the National Association of Manufacturers’ director of energy and resources policy. “Companies like PepsiCo are doing outstanding work and making critical progress that should serve as an example for other industries looking to be proactive on the issue.”


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Santa's shopping in the sixties
Gallery: Check out old Timaru adsTIMARU HERALD STAFF REPORTER
Christmas is fast approaching, so this week The Timaru Herald's Past Times page took a look at what was on everyone's shopping lists 50 years ago.
While some of the names have dropped off the business radar, others are still going strong.
- © Fairfax NZ News

domain: news


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Details for this year’s instalment of the Call of Duty franchise have reportedly leaked which includes information on the next title, setting, and more.
The claims come from Call of Duty fansite Modern Warzone, who states that this year’s Call of Duty is tentatively called “WWII: Vanguard.”
As the title of the game suggests, reports claim that this year’s release will be based upon World War 2.
Modern Warzone also claims that this year’s release is being developed by Sledgehammer Games, which is quite fitting as the studio previously worked on 2019s Call of Duty: WWII.
Where this story gets interesting is that apparently being based upon WWII, the game is rumoured to be set in the 1950s. This perhaps would make little sense, seeing as World War 2 ended in 1945.
However, the author of the article from Modern Warzone does have a couple of theories that would make some kinda sense.
The author believes that the rumoured WWII: Vanguard could be set during an alternative timeline or the story could be set after the events of World War 2.
I find this concept quite interesting, because usually when a Call of Duty game is based upon a historical war, it can sometimes be “loosely” based on some real events.
However, could Sledgehammer Games be taking inspiration from the likes of the Wolfenstein series with a “what if?” timeline?
Additionally, to little surprise whatsoever, the rumoured Call of Duty: WWII: Vanguard will also have an impact on Call of Duty: Warzone with weapon and progression integration.
Obviously, it is worth keeping in mind that this information is unconfirmed rumours, so we must take it with a pinch of salt until proven otherwise. It’s also worth noting that “Vanguard” could very well be nothing more than just a codename during the title’s development. We previously reported on rumours that the game would be called “Call of Duty: Guerrilla Warfare.” If you ask me, that sounds like a much more realistic title.
With E3 just a few months away, it hopefully won’t be long until Activision reveals all.
Are you looking forward to 2021’s Call of Duty? Do you think these leaks could be real? Let us know your thoughts!
Featured Image Credit: Activision


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A 41,000-square-foot Nordstrom Rack is slated to open at United American Land’s 505 Fulton Street in spring 2014.
“We want to be in the top locations across the country, so this spot at the heart of downtown Brooklyn is big for us,” said Geevy Thomas, president of Nordstrom Rack, in a prepared statement. “We are thrilled to become back of this exciting community at a historic location, and we intend to make the most of the opportunity to serve customers and give them a reason to shop the Rack.”
New York City is the number one retail location in the world. Retailers from around the world flock to open flagship stores throughout the Big Apple. Apple’s store on Fifth Avenue, with its familiar cube, has the highest revenue of all Apple stores. Then there are the flagships of Uniqlo, Zara, Tiffany & Co., Bergdorf Goodman and a cast of others. Nevertheless, when you ask prominent owners of commercial real estate as well as local and national retailers, the general consensus is that the outer boroughs of New York City are severely under-retailed.
Eastern Consolidated’s Barbara Byrne Denham reported in May 2012 that retail sales per capita ratios for the outer boroughs were far below the national average. Brooklyn was 39 percent below, Queens was 40 percent below and the Bronx came in a whopping 60 percent below.
AT&T Wireless has signed a 10-year lease for 3,797 square feet on the ground floor of W&H Properties’ 250 West 57th Street. The space has been earmarked for the wireless telecommunications company’s “World Store.” Starting rent for the lease is $350 per square foot.
“There aren’t very many boxes like this, it’s a terrific configuration for [AT&T Wireless],” Anthony Malkin, president of Malkin Holdings LLC, which supervises W&H Properties, told The Commercial Observer.
What a difference five years makes. When Winick Realty Group Executive Vice President Lori Shabtai marketed a 13,000-square-foot retail space at 459 Broadway in 2008, she hinged part of the sell on the cachet of the intersection of Broadway and Grand Street.
“I called it the heart of Soho,” Ms. Shabtai, 52, said during an interview in her well-appointed (and well-heated) office. “I remember a broker calling me and saying, ‘That’s more like the colon of Soho.’”
That any doubts persisted so recently about the viability of that block attests to the dizzyingly fast rate of change in New York real estate. The interaction also attests to Ms. Shabtai’s prescience and her quick mastery of the steep learning curve in commercial real estate, a field she entered just eight years ago.
With the long-awaited Barclays Center open and new residential and mixed-use development projects popping up across Downtown Brooklyn, a retail conundrum is growing along the 17-block Fulton Mall.
The national and in some cases high-end retailers moving onto the strip paint a stark contrast to the long list of mom-and-pops, local discounters and jewelry shops that once almost exclusively lined the street.


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(The Center Square) – Starting Monday, electronic cigarette products will be banned inside public places in Illinois.
Kristina Hamilton of the American Lung Association said the association has been leading the charge to encourage states to expand their smoking bans to include e-cigarettes. A coalition of partners across Illinois have been working with the association for several years to prohibit vaping indoors, she said.
“We are very excited that the ban is finally taking effect on Jan. 1,” Hamilton said.
But critics say e-cigarettes are a safer alternative for smokers who are trying to quit traditional cigarettes.
Shortly after the law was signed, Elizabeth Hicks with the Consumer Choice Center warned the measure may push Illinoisans back to cigarettes, leaving taxpayers to pick up the tab.
“Taxpayers unfortunately also suffer in addition to consumers,” Hicks said. “The annual Medicaid costs for smoking-related illnesses in Illinois is over $2 billion, which is one of the highest throughout the country.”
The Illinois Department of Public Health said in a statement that banning indoor use of such products “sends a strong message that e-cigarettes are not a safe alternative to smoking.”
Bystanders, workers and other vulnerable people can be harmed by proximity to an e-smoker, Hamilton said.
“Microscopic toxic particles from e-cigarettes can linger in the air,” Hamilton said. “Nicotine and the aerosol from e-cigarettes exposes smokers and the people around them to harmful substances, including heavy metals and volatile organic compounds,” she said.
Hamilton said a ban on indoor vaping will also help with the cultural change she said is needed to discourage kids from using the products.
“The less that these cigarettes are seen being used in public places, the less it will seem acceptable. And we will see the usage rate reduced,” she said.
The Smoke-Free Illinois Act prohibits using cigars and cigarettes inside public places and within 15 feet of entrances. In 2024, e-cigarette products will be included in the ban.
Kevin Bessler contributed to this report


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While popular Industry 4.0 technologies tend to focus on robotics and the Internet of Things, less tangible technologies such as artificial intelligence are poised to make as much of an impact. By Jonathan Chou
USA: The Industrial Internet Consortium (IIC) and the Robot Revolution Initiative (RRI) have announced an agreement to work together in order to align efforts to maximise interoperability, portability, security and privacy for the industrial Internet.
With the smart factory being a hot topic nowadays, three critical IIoT capabilities of the smart factory will be discussed. By Fritz Cleveland, director of marketing, Sensonix/Banner Wireless
Germany: The joint venture between machine tool providers such as DMG Mori, Dürr, Software AG, Zeiss and ASM Pacific Technology—called ADAptive Manufacturing Open Solutions (ADAMOS)—has enabled the manufacturers to form a strategic alliance in the area Industry 4.0 and the Industrial Internet of Things (IIoT).
China: The country’s Premier Li Keqiang aims to transform China’s manufacturing industry into one that drives on the Industrial Internet of Things from the current low-cost competitive edge that the sector has.
There are new possibilities offered by big data, 3D printing, machine learning and augmented reality in the manufacturing industry. Leveraging on these into a new way of doing business is a key factor in Industry 4.0 to gain a competitive edge, and for companies to be more profitable and scalable. By Farah Nazurah
The global Industrial Internet of Things (IIoT) market is expected to reach US$195 billion by 2022, growing from US$113 billion in 2015, at a compound annual growth rate of 7.89 percent between 2016 and 2022, according to a market research report by Markets and Markets. A key factor identified is the need to implement predictive maintenance techniques in industrial equipment to monitor their health and avoid unscheduled downtimes in the production cycle.
In the metrology segment, the view for Industry 4.0 in terms of part inspection is to increase quality and maximise throughput, whilst reducing costs right down the production line, making manufacturing processes faster and more accurate. Multi-sensor metrology alone is not enough to seize the maximum potential of the production line; integration of autonomous processes and hardware as well as complete connectivity is needed to fully embrace manufacturing of the future.
Four Industry 4.0 trends will be discussed in this article—from big data, predictive maintenance, augmented reality to cybersecurity. Industry players should be aware of these trends as they have already begun to affect many aspects of industrial automation going forward.
Industry 4.0 is the no longer the future of the industry, and the time is now for companies to implement intelligent manufacturing practices.
1. Big Data/Data Analytics
Big data describes the large volume of data, both structured and unstructured. Insights from big data can enable better decisions to be made—deepening customer engagement, optimising operations, preventing threats and fraud, and capitalising on new sources of revenue. The majority of data created between now and 2020 will not be produced by people, but by machines as they communicate with each other over data networks.
The insights gained from big data analytics and the IIoT to drive greater manufacturing intelligence and operations performance is considered essential by 68 percent of manufacturers, according to a recent survey by Honeywell. This highlights that manufacturers are increasingly aware of the importance in big data analytics and its potential in the industry.
Exponential Growth In Big Data
The global big data and business analytics market will grow to US$203 billion over the next few years, according to a report by International Data Corporation. The growth forecast for the global big data and business analytics market through 2020 is led by manufacturing and banking investments. The rate at which data is being generated is rapidly outpacing the ability to analyse it, according Dr Patrick Wolfe, a data scientist at the University College of London. The complex nature of the information created requires solutions capable of addressing data security, privacy and flexibility issues. Dr Wolfe added that it is key to turn these massive data streams from liability into strength.
Machine tool manufacturer Mazak has developed its own data collection and analysis system called SmartBox to connect machine tools securely and intelligently. The company uses this system at several of its own facilities worldwide. Most recently, the i-Smart Factory concept in their Singapore production facility is based on the company’s accumulated knowledge on factory management.
Tomohisa Yamazaki, president of Mazak, stated that rising personnel costs is a social problem not only in Japan but also in other countries as the labour force population declines. As such, one of the most crucial issues for the manufacturing industry is to keep increasing productivity by investing in advanced production technology.
Data Analytics To Reduce Machine Downtime
A survey of manufacturing executives in the US by Honeywell revealed 67 percent of respondents have plans to invest in data analytics. The executives viewed data analytics as a fundamental component of the IIoT, and as a solution to unplanned downtime and lost revenue.
The survey revealed companies are feeling pressure to continue working under threats of unscheduled downtime and equipment breakdowns, which was viewed as the most crucial factor in maximising revenue. Employing data analytics to ensure machines are kept running at optimum level could vastly reduce and even eliminate unplanned downtime.
2. Predictive Maintenance
Predictive maintenance foresees when equipment breakdowns might arise, and it prevents machine breakdowns by carrying out maintenance. When repairs and maintenance are planned, it could save manufacturing companies 12 percent in cost savings, whereas a loss as much as 30 percent could be incurred when unplanned repairs occur, according to research by the World Economic Forum and the consultancy Accenture.
With predictive maintenance, manufacturers can lessen maintenance and servicing costs, and boost reaction times within disruptive production processes.
The unchanging objective in metal cutting manufacturing is to further increase productivity, creating added value for the customer. Heller, a milling machines and systems manufacturer, has developed its own system to improve transparency of its current machine status, by evaluating data to allow purposeful diagnostics which yields higher productivity and reduces machine downtimes. The visualisation of specific information, including status displays of axes, spindles or other assemblies, enables users to determine wear and take preventive measures in order to avoid unscheduled downtimes.
Real-time Condition Monitoring
Machine and sensor data can be catalogued and displayed in real time using Industry 4.0 software, which provides support for condition monitoring. Data visualisation is not confined to the control station, and can be accessible on any platform everywhere—from tablets, smartphones, and bigger screens, both on the production floor and in the cloud.
When the software has determined an imminent maintenance task from the pre-set specifications, the information would be sent immediately to maintenance staff. After maintenance has been carried out, staff can note down tips to improve subsequent maintenance works.
3. Augmented Reality
Augmented reality (AR) is an enhancement of a real-time display using real images alongside computer generated information. AR is associated with Industry 4.0 practices relating to smart manufacturing, and has tremendous potential to influence manufacturing industries. With augmented reality, challenges which arise with conventional 3D measurement can be eliminated.
For example, Keyence’s XM Series handheld probe coordinate measuring machine allows for an operator to perform 3D measurements via an onscreen interactive visual guide and touch probe. Augmented-reality guidance images are created automatically, and the system overlays the measurement points along with their 3D elements.
Shared programmed work instructions and measurement results in consistent measurement regardless of the operator, environment or other circumstances.
Potential Usage Scenarios
AR has numerous uses, involving different types of operations that can be executed on the factory floor—manufacturing activities such as production, and support processes such as maintenance and training.
“Some companies are concerned or even hesitant to adopt industry 4.0 practices as they are not even at the Industry 3.0 stage. However, it is possible to jump straight from Industry 2.0 to 4.0. For example, to improve standard operating procedures among plant staff that are still using physical papers for instructions, they could instead make use of augmented reality to simplify and learn new procedures,” said Lim Yew Heng, partner and managing director, The Boston Consulting Group. Some potential usage scenarios of AR are as follows:
- Operations: any kind of operation which requires some step by step procedure can benefit from the adoption of AR—installation, assembly and machinery tool change.
- Maintenance and remote assistance: AR is efficient at reducing execution times, minimising human errors and sending the relevant performance analytics to maintenance staff.
- Safety management: AR allows risk and safety of operators and equipment to be managed.
- Design and visualisation: AR provides tools that improve design, prototyping and visualisation in the design phase.
- Training: for companies where training is a critical process involving many field technicians, AR-guided training can be effective at training staff, especially in the beginning where there is a learning curve.
- Quality control: AR support in quality control processes enables staff to determine if products meet manufacturing standards.
4. Cyber Security
The integrated nature of Industry 4.0-driven operations means that cyberattacks can have devastating effects, evident in the unprecedented “WannaCry” global cyberattack in May this year. Cyber security strategies should be secure and fully integrated into organisational and information technology. Picking the right cybersecurity provider is essential in ensuring data is protected.
“Some of our clients have come to us and said they do not think they will be able to put up their data on the cloud as they have very sensitive data. Within their operating database, there are certain data that are more sensitive, and there are those which contain less sensitive information,” said Mr Heng, partner and managing director, The Boston Consulting Group. “They could start out with putting less sensitive data on the cloud and understand how it works first, and understand how cybersecurity providers can help them. From there, they can move towards a more balanced approach.”
Data Sharing: Increased Access To Data
Companies should consider which data should be shared and how to protect the systems, and which data that is proprietary or have privacy risks. Companies should leverage tools such as encryption for data which are at rest or in transit, to safeguard communications should they be intercepted or if the systems are compromised.
It is important for manufacturing companies to perform risk assessments across their environment—including enterprise, DSN, industrial control systems, and connected products. Data evaluations should then be applied to update cyber risk strategies.
Sensitive data are not limited to sensor and process information; it also includes a company’s intellectual property or even data related to privacy regulations.
As more IoT devices are connected to networks, the risk of potential attack increases, along with risk from compromised devices. The first step companies should take is to discover all assets, especially industrial controllers. Picking the right cybersecurity provider who understands what your company needs is essential in protecting your data against cyberattacks. Transparency is important for companies with highly sensitive data therefore, ensure that third-party cybersecurity providers inform you where the information goes.
The Right Strategy Is Important
“Companies have to ask themselves why they want to create a fully automated manufacturing factory, and what value it creates for the end users. Once the staff in the company knows why this is being done, it will change the company’s culture, and they will start focusing on value delivered to the customers,” said Scott Maguire, global engineering director, Dyson. “At the end of the day, these are big investments, and companies have to plan strategies for the long-term and be willing to change their company culture.”
Manufacturing companies should embrace the positive disruptive changes that Industry 4.0 practices can bring. A digitalisation strategy which is tailored to your company’s needs should be mapped out, and disseminated to staff so they understand it is a part of the company’s new culture.
Augmented Reality holds vast potential and it is the future of manufacturing.
Tokyo, Japan: The Japanese government has urged domestic manufacturers to implement the Industrial Internet of Things (IIoT) in practice to alleviate workforce shortages.
Ditzingen, Germany: Trumpf, a manufacturer of machine tools, has bought 60 percent of shares in France-based BeSpoon—a provider of sensors, system components and software for position-tracking processes.
With new technologies and new skills, Marco Taisch explains how enterprises in Italy will adapt.
Marco Taisch, professor of operations management and advanced and sustainable manufacturing at the School of Management of the Politecnico di Milano (Polytechnic University of Milan), is committed at the forefront with regards to the issue of Industry 4.0 and of IoT application to the manufacturing industry.
Q: Industry 4.0 is also defined as the “fourth industrial revolution”. What is the real meaning of “revolution” in this case?
Marcho Taisch (MT): One of the most revolutionary aspects of Industry 4.0 is, first of all, the impact it has had on the Italian economic stage. In a very short time, this new approach allowed the brining of the manufacturing industry back to the centre of attention of Italian institutions and economic players with an explosive effect, to say the least.
As far as the definition is concerned, many people consider Industry 4.0 as a real revolution; others see it as a pronounced effect.
In my opinion, Industry 4.0 combines technological innovation, which materialises in the spread of IoT technologies within factories, with a deep organisation change. In other words, the real revolution is primarily cultural: processes, tasks, professional profiles are changing and so are the required skills.
Q: If professional profiles are changing, should fundamental training processes be updated?
MT: Of course. There are very good universities capable of offering appropriate training to young people, enabling them to enter the work market and become real resources for enterprises.
In any case, technological training is made not only in polytechnic universities and other kinds of universities. It is important that even technical institutes should work on programmes, so that they may be as close as possible to the requirements of the industry. The industry is dramatically accelerating its development through digitalisation.
Q: Let’s come back to technologies and to the impact of Industry 4.0 on the Italian industry.
MT: Italy is the second-largest manufacturing country in Europe. To maintain and, if possible, even to improve this position, it is necessary not only to pass through a generic traditional innovation, but on the contrary, there must be a process of factory digitalisation. The aim is to facilitate and support the spread of the enterprises’ connectivity.
In practise, this means the creation of smart manufacturing, such as the production of products and services with the support of information technologies, and the creation of new business models. This is an intense programme which can, however, definitely be sustained by the Italian enterprises — provided that in the approach to this issue our peculiarities are respected.
Q: Could you please elaborate?
MT: The Italian manufacturing industry is recognised worldwide for its quality and strong customisation of product offerings. However, the “Made in Italy” characterisation is missing and we must enhance the importance of this part.
As a country we can work towards a digitalised manufacturing industry for advanced design, where the leading role is played by people who must adequately be trained and updated. We must concentrate on this aspect.
On the other hand, in some sectors, for example that of machinery and production systems, there is already a lot of innovative technology related to Industry 4.0, at least partially. The challenge is to increase the connectivity level, for example that of machines, so that they can increasingly collect, treat, process and allow data sharing — even remotely.
Q: Are enterprises able to do this by themselves?
MT: Starting from the assumption that the innovation level is not homogeneous, it is reasonable to suppose that some companies need assistance. For this purpose, universities, professional associations, territorial and extra-territorial institutions have already taken active steps to provide “information” in a wider sense, with particular attention given to SMEs.
Q: What are the real opportunities for SMEs to get informed?
MT: In a situation of communication overload, there is no denying that it may become difficult to be oriented. However, I would stress that there are numerous opportunities to reasonably debate and closely verify the possible applications of the new Industry 4.0 approach also with regard to our industry. Relying on qualified people considerably simplifies the selection process.
What are the opportunities to get information? Meetings, collection of annotated, specific information material specific studies are all appropriate. Demonstration events are also suitable, but it has to be stressed that in order to be most effective, such events must be set in the context and thus studied according to the enterprises’ requirements.
Q: As you are professor of the Manufacturing Group in the School of Management at the Politecnico di Milano, could you illustrate the topics to which you are presently committed and how you are working?
MT: The Manufacturing Group is a work group composed of about 40 people dealing with the analysis of issues concerning planning and management of manufacturing systems and operations. A particular focus is on energy efficiency and sustainability in the manufacturing industry and in the industrial services, on product and asset life-cycle management.
Q: Can we consider demonstration events?
MT: Exhibitions are, first of all, events to do business, thus they are events that companies really need. If they are organised with particular attention and by qualified operators, exhibition events can be real opportunities for updating, understanding and analysing in-depth topics that are not yet well-known.
In Italy we have a lot of good trade shows, even regarding Industry 4.0. Among them, there is Motion And Mechatronics, whose philosophy, in my opinion is certainly innovative, because it combines the business aspect with specific thematic insight.
The trade show is addressed both to those who work, plan and build within a factory as well as those who manage it. This concept convinced me to accept the appointment as leader of the Technical-Scientific Committee for the event.
Q: A last question: what are your expectations for the future of Industry 4.0?
MT: I am very confident, because I see a harmonic teamwork between institutions, associations, and the research world. Now, the ball is passed to companies. The Industry 4.0 plan is an excellent opportunity for enterprises to take advantage of it, who can understand that purchasing technology is not enough, and that it is necessary also to work on skills.
Rising Italian Machine Tool Industry For 2017
The Italian machine tool, robot and automation manufacturing industry closed the year 2016 positively on various economic indicators, said Italian Machine Tool, Robots, Automation Systems And Ancillary Products Manufacturers’ Association (UCIMU) president Massimo Carboniero. He added that the year 2017 looked to be a year of further growth.
As evidenced by the preliminary year’s data processed by the Studies Department and Business Culture of UCIMU, production in 2016 increased to 5.48 billion euros (US$5.91 billion), recording a five percent upturn versus the previous year.
Uptick In Domestic Market
A definite positive trend was reported with regard to the deliveries by the Italian manufacturers in the domestic market, grown to US$2.38 billion, a rise of 20.5 percent compared with the previous year.
On the other hand, export decreased by 3.3 percent, reaching only US$3.54 billion, due to the weakness experienced in some major destination markets.
Based on the Italian National Institute for Statistic’s data processing, in the first nine months of the year, the main countries for export was as follows:
Consumption showed a positive trend with a 10.1 percent increase totalling US$3.97 billion. It is the third consecutive year of double-digit growth, showing signs of the recovery of the Italian market, which has also started again to invest in production technologies.
“The year 2016 was positive for the Italian machine tool industry, which contributes to the national GDP for almost eight billion euros (US$8.63 billion) considering, besides the production of machine tools, also the production of parts, tools and numerical controls not included in the total Italian machine tools”, Mr Carboniero said.
Interest In 2017
The year 2017 will also be positive for the Italian industry of the sector: according to the forecasts, there will be a growth for all the main economic indicators.
Production is predicted to rise four percent to US$6.15 billion, closer to the record-breaking value of US$6.47 billion registered in 2008.
Exports are expected to grow by 1.7 percent to attain US$3.59 billion. The positive trend of consumption will also go on: it should rise by 6.9 percent to US$4.25 billion, driving the deliveries of manufacturers.
“Now, with the Italian Ministry of Economic Development’s Industry 4.0 Plan which was included in the already-approved Budget Law 2017, the Italian government has given the country a well-structured and comprehensive programme of industrial policy. With this plan, Italian enterprises can rely on a series of measures aimed at favouring the improvement of their competitiveness. These measures can further boost the consumption of machinery and innovative technologies for factory digitalisation,” Mr Carboniero said.


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In April 2019, the Life Science business of Merck* launched a four-year initiative that was aimed at improving its sustainability efforts when it came to packaging. For a global business shipping around 30,000 packages every day, the task was enormous. From reducing the overall amount of packaging it was using, maximising recycling, improving plastics sustainability and even targeting zero deforestation, the initiative was a statement of intent by the business to begin to understand its environmental impact – and do something about it.
Rockwell Automation and FANUC America recently came together to create accelerated work-and-learn apprenticeship programs preparing workers for jobs in advanced manufacturing, robotics, and automation.
“Our number one goal is to help create a worker pipeline that will not only help people increase their skills and future earning potential, but to help manufacturers achieve their production goals and maintain a thriving economy,” said Paul Aiello, director of education, FANUC America.
This past year was very special for safety in Sappi North America (SNA). Our employees achieved their best-ever lost time injury frequency rate (LTIFR) result at 0.25. Everyone stepped up to make this achievement possible. For the entire year, we had only six lost-time injuries, and during the second quarter of the year, we had zero lost-time injuries—our ultimate goal and the first time it was ever achieved. On May 19, 2019, our Cloquet Mill employees operated 1.3 million hours without a single lost-time incident.
PARIS, December 18, 2020 /3BL Media/ - The Consumer Goods Forum (CGF) has today announced its members are working together on actions to support vulnerable communities, part of a coordinated, global response to mitigate the impact of COVID-19 on those who have been hit hardest by the pandemic.
PARIS, November 12, 2020 /3BL Media/ – The Consumer Goods Forum (CGF) announces five projects, as part of its Product Data Coalition of Action, that are designed to address two fundamental challenges in the industry’s data exchange processes.
Gildan explains their first step behind making a t-shirt
This article is part of a series dedicated to walking readers through the steps behind Gildan’s t-shirt-making process. View the entire series here.
Yarn-spinning is the first step in transforming raw materials into garments. The first part of this process, cotton – primarily sourced from the U.S. – is converted into a yarn that is strong and flexible enough to be knit into t-shirts, underwear, socks, and other essential garments produced at Gildan.
Taking action towards sustainable consumption and production
Circular economy ideas and models could be used to transform businesses, boost future job creation and help societies to achieve the United Nation’s Sustainable Development Goals (SDGs) for 2030. Herbalife Nutrition is taking steps towards sustainable consumption and production. They are working on several fronts to address this issue, through corporate initiatives and through the job our independent small business owners do every day within their communities in 94 countries across the world.
How Herbalife Nutrition’s global supply chain supports quality and communities
As a leader in the nutrition industry for more than 40 years, there is one thing we always keep in mind at every stage: our commitment to producing the highest-quality products. Our manufacturing process involves state-of-the-art facilities and technology, rigorous testing methods and quality assurance processes that go from sourcing to packaging. Our SVP of global supply chain, Troy Hicks shares his experience at Herbalife Nutrition overseeing a global and interdependent supply chain network that involves many people, activities, organizations and resources.


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Former US financial executive: Libra may never make progress, let us look forward to the central bank digital currency
Original Source: China Financial Forty Forum (https://mp.weixin.qq.com/s/s_rP2VCAmPlmBS4of56LYA)
It has been five months since Facebook released the Libra project white paper, and the regulatory agency’s negative attitude seems to have become more and more determined. Whether it's a hearing in the United States or a large conference of international organizations, we can hear the voices of governments from all over the world.
“Libra may never be able to make any progress in the face of heavy resistance and opposition.” At the inaugural Bund Financial Summit held recently, Timothy Ma, a senior fellow at the Kennedy School of Government at Harvard University and former chairman of the US Commodity Futures Trading Commission Timothy MASSAD said.
The first is due to the conflict between Libra's vision and reality, followed by concerns from the regulatory level. Libra may make money laundering and tax evasion easier for criminals, a common problem that global regulators worry about. In addition, emerging market countries are concerned that if Libra succeeds, it will lead to “backdoor dollarization”, but in fact, even in the United States, Libra is not supported by regulators.
“I rarely see President Trump, Federal Reserve Chairman Powell, and Democratic Congressman Maxine Waters, who is in charge of the chairmanship of the House Financial Services Committee, agree on anything. However, after hearing the Libra proposal, They quickly objected to Libra’s proposal, or at least expressed concern,” Massard said.
Although Libra may never be able to land, this proposal is still valuable for future directions. In particular, Libra has prompted central banks to accelerate the exploration of sovereign digital currencies. Massad revealed that the Fed is still continuing to analyze the potential benefits and costs of the central bank's digital currency, but is now more concerned with the popularity of real-time payments.
Massad believes that the widespread use of the central bank's digital currency can reduce transaction costs, thereby increasing the level of financial inclusion, but it may also have some negative effects. But despite the challenges, the central bank's digital currency is still worth looking forward to.
The Future of Digital Assets and Money
Text | Timothy MASSAD
Timothy Massad speaks at the first Bund Financial Summit
I am very grateful to the Shanghai New Financial Research Institute and the China Financial Forty Forum for inviting me to participate in this wonderful summit. I am honored to be here, especially with so many outstanding guests. What is the future of money? In my speech today, I will introduce the current development of digital assets, especially the “Libra” digital currency plan proposed by Facebook, and discuss the development prospects of the central bank's digital currency.
What does Bitcoin bring to us?
Ten years ago, when the global financial crisis was in full swing, Nakamoto launched Bitcoin. The white paper published in the introduction of Bitcoin looks at the future of Bitcoin from a radical perspective and believes it will bring about tremendous changes in the financial system. In this white paper, the problem is pointed out that “the fate of the entire monetary system” must be maintained by a bank-like “trusted aggregator”.
To solve this problem, we can build a different solution from the existing financial system: using a new technology, trading in an irreversible way, and recording it in a distributed, decentralized bookkeeping system, the system Known as the "blockchain," anyone connected to the Internet can access and verify it. With this technology, we can create a "peer-to-peer system that reduces dependence on central intermediaries."
But at least for now, this idea has not yet become a reality. Bitcoin and other digital assets have not reduced our reliance on large financial intermediaries and have failed to generate important peer-to-peer payment systems. These new assets have not yet passed the triple test faced by traditional currencies: payment methods, unit of account, and means of value storage. Its transactions are mainly for speculation.
There are many reasons for this. First, the price of Bitcoin fluctuates greatly and is not suitable as an alternative currency. Second, Bitcoin transactions are irreversible. Most people are actually more willing to use a system that corrects errors. For example, if you are not satisfied with the goods you receive, you may want a refund. Third, Bitcoin can handle too few transactions, far from meeting the needs of today's global economy: Bitcoin can handle seven to ten transactions per second, while Visa can handle 25,000 or more. More transactions. In addition, although the consensus-based "Proof of Work" verification method used by Bitcoin is theoretically decentralized, its mining operations are actually very concentrated and energy efficiency is very low.
In fact, it is ironic that the cryptocurrency not only does not reduce the dependence on intermediaries, but instead triggers a new type of intermediary: cryptocurrency exchanges. Although smaller, the accountability mechanisms of these cryptocurrency exchanges are weaker than those of large banks in the vortex center of the financial crisis. They are largely unregulated. During my tenure as chairman of the US Commodity Futures Trading Commission, we announced in 2014 that the cryptocurrency is a commodity, but we have no jurisdiction over the transaction of cryptocurrency on the cash market trading platform. There is still a very serious gap in the relevant regulatory framework.
These crypto exchanges also do not follow the standards that traditional securities and financial derivatives market intermediaries need to follow. Therefore, the protection of investors is very weak, fraud and conflicts of interest are common, and system failures and hacking are numerous. In fact, a recent supporter of cryptocurrency said in a statement by the Securities and Exchange Commission that 95% of the transactions reported by 81 exchanges were falsified.
These exchanges are also accompanied by a broader range of social risks as they are used for money laundering and illegal payment activities, such as funding for ransomware, terrorist activities or black market transactions. In addition, although cyberattacks against the financial market infrastructure are currently one of the main culprits affecting the stability of the financial system, these new financial intermediaries are not subject to the regulation of current cybersecurity, and these subsequent unpredictable consequences will be given to finance. Other links in the system cause collateral damage.
However, although bitcoin and existing cryptocurrencies may not see much value in addition to being a speculative tool, I believe that innovation at this stage has taken us to a whole new stage , which may prove that digital assets and distribution The great value of the ledger technology is either verified.
Developed countries are experimenting with interesting innovations, such as the development of licensed blockchain systems to perform transaction settlement and clearing in a more efficient manner and to track them throughout their lifecycle. These have been applied in the trading of securities, derivatives and other assets in the US and other regions, as well as in the Lukangtong stock system. These systems can provide more timely information to regulators.
For example, clearing houses – central counterparties (CCPs) – have a very important place in the global financial system. If a licensed distributed ledger system is used to record futures trading, regulators can monitor futures trading positions in real time to more effectively monitor risks from CCPs. The distributed ledger system can also track stock borrowings or repo transactions, so that we can minimize the risk of re-collateralizing securities. The lengthy re-collateralization chain not only leads to uncertainty in ownership, but also if these vital markets are not functioning effectively, it will also lead to huge financial stability risks.
In addition, less developed countries may also use distributed ledger technology to build more efficient financial market infrastructure, many of which have been mentioned today.
Why do regulators don't like Libra?
In this environment, how should we review the Libra currency proposal proposed by Facebook? Will it push virtual currency to a new stage and bring higher value? Or is it a betrayal of Nakamoto's vision – digital currency is still managed and managed by the most powerful technology companies in the world?
For three reasons, we need to explore this issue. First of all, because Facebook is huge, we need to carefully consider its proposal. Facebook has more than 2 billion users, so whether you support this proposal or not, it will have a huge impact.
Secondly, Facebook's goal is very ambitious, claiming to provide services for people without bank accounts, but this statement may be just a superficial word, and its real intention may be to collect data . Despite this, there are still billions of people living outside the financial system. Although Facebook's plan can't meet the needs of these people, it makes people pay more attention to the needs of such people.
Third, the proposal for the future may be more important than the content itself, which may include how to implement sovereign digital currency faster.
Facebook's proposal proposes to create a digital token as a global currency and a payment method. In addition, it can be constructed in a way that enables digital identification. The token will be in the form of a stable currency, that is, it is a digital asset collateralized with the stated underlying asset, and its underlying asset consists of a basket of five currency cash and its equivalent. Because of the stable currency structure, Libra's volatility should be much lower than Bitcoin. Therefore, the possibility that it is generally accepted as a payment method should be greater.
Libra will be a licensed-based system. Only licensed companies can issue Libra, or Libra can be exchanged for legal tender, the so-called “squatting mechanism”. Libra will be managed by an association that includes Facebook and many other financial institutions. Facebook claims that it will transform Libra into a decentralized, non-permitted system for the next five years, but it is unclear how this can be achieved.
Facebook said the proposal is intended to serve 1.7 billion people without a bank account worldwide. This goal sounds quite pleasing, but is it feasible? How can I get the initial Libra without a bank account? Will the cost of getting Libra exceed the user's ability to withstand it? Facebook or any of its current partners do not have a network of shops or other physical stores that allow non-bank accounts to pay for Libra through cash. Even if Facebook can solve this problem, it must be persuaded that merchants who regularly trade with people without bank accounts accept Libra payments. Will a landlord without a bank account accept payment using Libra? Will the open-air food market or small grocery store welcome customers to pay with Libra? Moreover, governments in developing countries may be resistant to Libra's risk of weakening its sovereign currency. In addition, Libra did not propose other services that might be more attractive to people without bank accounts, such as microfinance.
For those with a bank account, it is more convenient for funds to enter and exit the Libra system. But at the same time, they also have many other alternative payment methods, such as credit cards, debit cards, checking accounts, and existing mobile payment services.
Even if Facebook can build its own payment infrastructure, as recent JP Morgan Chase research shows, people without bank accounts account for only a small percentage of the global economy and payment activities. In addition, B2B payments in the payment sector still account for the largest share. The Libra designer's goal is not to compete in this area, because the field needs to have a network similar to Fedwire (the Fed's system for transferring large payments) that can support high turnover transactions, thus meeting the liquidity requirements of the day – that is, overdraft Loans or short-term credits, etc.
Ultimately, Libra's appeal to customers as a payment system depends on whether the transaction costs of acquiring and using Libra are low enough compared to alternative systems, and whether their network and additional benefits are large enough.
Libra is often compared to successful mobile payment systems such as Alipay and WeChat. But the difference is also obvious: Alipay's payment business is based on a widely used e-commerce network, while Facebook is more similar to WeChat, and its payment service based on social media platform may exist. Bigger obstacles.
Alipay and WeChat pay a very creative design approach, and the cost of user funds in and out of the system is very low. In addition, the two systems also provide a large number of online benefits that encourage people to keep their money in the system. These benefits include discounts on goods, promotions, and the provision of affiliated financial services, such as paying interest and providing loans like banks. These systems use clever ways to provide money market funds in cases where the relevant regulations prohibit direct interest payments.
Regulators are generally negative about Libra's proposal overall. The size of Facebook and its horrendous record of privacy protection have, to a certain extent, led to distrust and resentment by regulators. However, the reasons for regulators' negative attitude towards Libra go far beyond this.
In the United States, I rarely see President Trump, Federal Reserve Chairman Powell, and Democratic Congressman Maxine Waters, who is in charge of the chairmanship of the House Financial Services Committee, agree on anything. However, after hearing the Libra proposal, they quickly objected to Libra's proposal, or at least expressed concern. In the summer of 2018, President Powell said that the Fed's regulatory field barely involved or focused on cryptocurrencies, but the emergence of Libra changed his attitude. Chairman Waters drafted "Let Large Technology Companies Stay away from the Money Act," and if the bill is passed, the Libra proposal will be directly banned. Of course, the program itself is too large to cover, so it may not be supported, but it also reflects Libra's difficult situation under the opposition of the regulator.
A series of issues that regulators are worried about, including how to prevent Libra from being used by criminals to achieve money laundering. The central bank institutions have very consistent calibers on this issue.
Regulators can also consider Libra's regulation from many different perspectives: Given the value of the underlying asset, is it a collective investment fund or an exchange-traded fund? For Libra Reserve, should it be regulated like a bank? Should we limit the way these assets are invested?
In addition, there are financial stability issues, such as deposits in Libra that are not covered by deposit insurance. In addition, tax authorities may think that every Libra transaction needs to be taxed because the underlying value of a basket of assets will change, which will greatly diminish Libra's appeal.
I also realize that outside the United States, some people worry that if Libra succeeds, it will lead to “backdoor dollarization” – or that the Western legal currency may have an excessive impact in the global monetary system, thus causing Negative effects.
The challenges facing the central bank's digital currency
Libra may never be able to make any progress in the face of heavy resistance and opposition. However, the direction of this proposal for the future may be more important than the content itself.
First, the proposal may raise concerns about the modernization of digital asset law . This is definitely a good thing.
Second, the proposal may raise concerns about the increasingly blurred boundaries between technology companies and financial services . This applies not only to digital assets, but also to how we view financial technology as a whole.
In today's society, fintech startups can design technology-enabled platforms or services, develop customer relationships, capture customer data, and then contract with regulated institutions to provide regulated products. However, should such financial technology companies also be regulated? If a cloud computing service provider provides core IT services to a number of banks with systemic impacts around the world, is this cloud service provider subject to financial market regulation? Is it at least necessary to meet regulatory requirements for network security and privacy protection? This reflects a common phenomenon: financial market innovation in the United States is often driven by the private sector rather than by the government; innovation is often born on the edge of the regulatory radius. Regulation tends to be lagging behind, as is the case in digital assets and financial technology.
Finally, the Libra proposal sparked more and more attention to the central bank's digital currency (CBDC). Many countries are currently exploring the central bank's digital currency, including China. In fact, Libra is said to have prompted the Chinese central bank to accelerate its digital currency development plan. The Fed is still continuing to analyze the potential benefits and costs of the central bank's digital currency, but is now more concerned with the popularity of real-time payments.
The reasons for exploring the central bank's digital currency include the following aspects: First, the public is increasingly reluctant to use cash, second, the use of digital currency will increase payment efficiency, and third, further expand the coverage of financial inclusion.
Central bank digital currencies can be broadly divided into two categories: wholesale and retail. The wholesale central bank digital currency is only available to a few large financial institutions, such as banks in the national clearing and settlement system. The issuance of wholesale digital currency can promote interbank payments; but it is likely that most people will not be in economic life. Trading methods have a significant impact.
Conversely, the retail central bank digital currency can target all individuals and businesses. In the specific implementation process, a “value” method may be used to store the currency in the mobile phone application or the physical card; or an account may be used to establish a uniform for each person or enterprise in a unified account book. Account. Regardless of the system, the central bank's digital currency traceability is stronger than cash. After all, the system will record transactions digitally, but there may be problems in privacy protection that cannot be ignored. In addition, there is one difference between the account-based system and the value-based system: the former can pay interest for the central bank's digital currency, and may change the central bank's consideration of monetary policy.
The widespread use of central bank digital currencies can reduce the basic transaction costs and thus the extent of financial inclusion.
However, the central bank's digital currency may also have some negative effects. Depends on its specific characteristics . For example, the central bank's digital currency may reduce bank deposits, which will have a major impact on the bank's financing model, and even have a negative impact on the credit creation process and the speed of money circulation – after all, private banks create more credit than the Fed. It is true that after the adoption of the central bank's digital currency, banks can make corresponding adjustments, but what happens in the face of financial pressure? The widespread use of the central bank's digital currency may increase the risk of depositors divesting from the banking system, which in turn will lead to greater financial stability risks – depositors may quickly convert deposits into central bank digital currencies to achieve asset preservation (a flight to Safety). The central bank's digital currency has also raised privacy concerns, and it has also made it even more vulnerable to cyber attacks.
The above questions are very challenging. What is going on in the future is still inconclusive. Anyway, I look forward to seeing some form of central bank digital currency coming out in the near future.
I want to end my speech with an anecdote: Marco Polo came to China in the 13th century, when he saw the banknotes for the first time in his life and was amazed. He called it alchemy because the banknotes at the time were made of bark. To this day, some people have compared the digitalization of finance to the new alchemy, and the changes it brings are exciting.


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The NRA Foundation Board of Trustees has approved a $252,000 grant for USA Shooting to purchase the specific shotshells used by the National Team, National Development Team and National Junior Team.
The MidwayUSA Foundation provided $750,000 worth of grant funding toward the construction of ranges for the Scholastic Action Shooting Program.
The firm Amalgamated Bank was denied again recently by the International Standards Organization for trying to establish a new category to track firearm and ammunition purchases.
Breakthrough Clean Technologies has been acquired by Allen Company, a leading manufacturer and brand of outdoor products.
Nosler, Inc. announced a new program, involving 22 custom Model 48 rifles, which is aimed at raising awareness and funds for American veterans and their families.


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Naples Global Advisors LLC lowered its stake in Apple Inc. (NASDAQ:AAPL – Get Rating) by 0.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,969 shares of the iPhone maker’s stock after selling 300 shares during the period. Apple accounts for 3.6% of Naples Global Advisors LLC’s portfolio, making the stock its largest position. Naples Global Advisors LLC’s holdings in Apple were worth $31,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp boosted its stake in Apple by 1.8% in the fourth quarter. State Street Corp now owns 633,115,246 shares of the iPhone maker’s stock valued at $112,422,274,000 after acquiring an additional 10,951,705 shares during the last quarter. Geode Capital Management LLC boosted its stake in Apple by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 264,351,901 shares of the iPhone maker’s stock valued at $46,812,958,000 after acquiring an additional 4,456,954 shares during the last quarter. Norges Bank bought a new position in Apple in the fourth quarter valued at approximately $25,228,507,000. Charles Schwab Investment Management Inc. boosted its position in shares of Apple by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 79,583,859 shares of the iPhone maker’s stock worth $14,131,710,000 after purchasing an additional 1,273,148 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of Apple by 5.1% during the fourth quarter. Fisher Asset Management LLC now owns 63,982,104 shares of the iPhone maker’s stock worth $11,361,302,000 after purchasing an additional 3,096,696 shares in the last quarter. Institutional investors and hedge funds own 57.98% of the company’s stock.
Apple Stock Down 0.1 %
Apple stock opened at $165.35 on Friday. The firm has a market capitalization of $2.66 trillion, a PE ratio of 27.29, a P/E/G ratio of 2.15 and a beta of 1.23. The company’s 50-day moving average is $146.34 and its 200-day moving average is $157.12. Apple Inc. has a fifty-two week low of $129.04 and a fifty-two week high of $182.94. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.86 and a quick ratio of 0.82.
Apple Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 11th. Investors of record on Monday, August 8th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Friday, August 5th. Apple’s payout ratio is 15.18%.
Apple announced that its board has initiated a share buyback plan on Thursday, April 28th that allows the company to repurchase $90.00 billion in shares. This repurchase authorization allows the iPhone maker to buy up to 3.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on AAPL. Wells Fargo & Company reduced their price target on shares of Apple from $205.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 20th. Itaú Unibanco began coverage on shares of Apple in a research report on Tuesday, July 26th. They set an “underperform” rating and a $136.00 price target on the stock. Bank of America reduced their price target on shares of Apple from $200.00 to $185.00 in a research report on Tuesday, July 26th. Credit Suisse Group set a $166.00 price objective on shares of Apple in a report on Friday, July 29th. Finally, Evercore ISI raised their price objective on shares of Apple from $180.00 to $185.00 in a report on Friday, July 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $179.27.
Insider Buying and Selling
In related news, SVP Katherine L. Adams sold 25,000 shares of Apple stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $164.77, for a total transaction of $4,119,250.00. Following the completion of the sale, the senior vice president now owns 427,334 shares of the company’s stock, valued at approximately $70,411,823.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.06% of the stock is currently owned by insiders.
Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch.
- Get a free copy of the StockNews.com research report on Apple (AAPL)
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Picture: Getty Images
Topshop today officially confirmed that the Kendall and Kylie Jenner collection is launching in stores on 3 June.
The brand shared the news with their fans on Twitter, uploading a 10-second teaser video promoting the upcoming range, which will be designed by the younger half-sisters of Kim Kardashian. An Instagram account for the line, called @KendallandKylie has also launched with several sneak peeks at the design process so far.
A photo posted by Kendall + Kylie (@kendallandkylie) on
The duo confirmed the rumours that they would be designing for Topshop earlier this year with a statement on their website that read: “Topshop is to be the exclusive global stockist of the Kendall & Kylie young contemporary collection. A collection designed by sisters Kendall and Kylie Jenner will be stocked exclusively at selected Topshop stores globally and online at Topshop.com. Launching for Summer 2015 the collection will comprise a capsule summer wardrobe, characterised by the girls’ LA lifestyle and their contemporary, eclectic design aesthetic.”
With Kendall's laidback off-duty model style and Kylie's more edgy, youthful aesthetic, we can't wait to see what they come up with.
MORE KENDALL JENNER


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Latest Business News
Nio's Remarkable Turnaround: Deutsche Bank Predicts 28% Stock Rally
Impressive Delivery Numbers and Operational Improvements
Chinese electric vehicle (EV) manufacturer Nio is currently experiencing a significant revival that Deutsche Bank believes could drive the company's stock up by as much as 28%. Analyst Edison Yu highlighted the company's impressive delivery numbers in July and noted its enhanced operational efficiency. Nio reported that its July deliveries reached a total of 20,462 vehicles, a staggering 103.6% increase year-on-year, and nearly double the June figure of 10,707 cars.
Impact of the All-New ES6 SUV Launch
The substantial increase in Nio's delivery numbers was aided by the launch of the revamped ES6 SUV, known as the All-New ES6, which was introduced in May. "Nio's operational execution has significantly improved over the past quarter, with new models quickly gaining traction and sales efficiency improving," said Yu. He also noted that July saw record monthly deliveries and anticipates a healthy order book for the next few quarters, primarily driven by the ES6.
Stock Rebound and Deutsche Bank's Outlook
After a challenging 2022 where the company's shares dropped nearly 70%, Nio's stock has rebounded impressively, rising 35% this year. Deutsche Bank is optimistic that the company can maintain this rally, given the increase in unit sales and gross margin. Yu reiterated his buy rating for Nio and raised his 12-month price target by $4 to $17, which is 28.3% higher than Thursday's closing price of $13.25.
Strategic Financial Moves and Future Prospects
In 2019, Nio was on the brink of bankruptcy until it received a lifeline of about $1 billion from local investors, including state-backed entities. In late June, the company announced a substantial investment of approximately $700 million from an Abu Dhabi investor. Furthermore, in June, Nio reduced the prices of its cars by the equivalent of $4,200. These strategic financial moves, coupled with the company's operational improvements and impressive sales figures, position Nio strongly for future growth and market competitiveness.
In conclusion, Nio's remarkable turnaround, driven by strategic decisions, operational improvements, and strong sales performance, has caught the attention of Deutsche Bank and the broader market. This positive trend, if sustained, could result in significant gains for the company's stock, offering potential opportunities for investors.
Conclusion and Hot Take: Lessons for New Businesses
Nio's impressive turnaround and Deutsche Bank's positive outlook offer valuable insights for new businesses, particularly in the fast-paced EV sector. The key takeaway here is the importance of operational efficiency and strategic decision-making in driving business success.
For a new business, Nio's story underscores the power of resilience and adaptability. Despite facing bankruptcy, Nio managed to secure significant investments and implement operational improvements that led to an impressive rebound. This highlights the importance of securing reliable investment, constantly improving operational efficiency, and staying adaptable in the face of challenges.
Furthermore, Nio's focus on delivering high-quality products, as evidenced by the success of the All-New ES6, emphasizes the role of product quality and innovation in gaining market traction. New businesses should, therefore, focus on delivering quality products that meet market needs while continuously innovating to stay ahead of the competition.
In conclusion, Nio's remarkable turnaround offers a blueprint for new businesses. By focusing on operational efficiency, strategic decision-making, and product innovation, new businesses can navigate challenges, drive growth, and potentially achieve significant market success.
Article First Published at: https://www.cnbc.com/2023/08/11/deutsche-bank-says-this-chinese-ev-stock-will-recaputure-its-momentum-rally-28percent.html
Brought to you by ChatGPT for www.BusinessFormation.io


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The way shoppers value time, touch and money drives on- or off-line purchasing
Online retail sales will grow by an average of 15 percent annually through 2020 according to eMarketer. But, the rate at which online versus in-store sales occur will vary drastically by category. JLL’s latest report explores the tie between how shoppers value goods and the way 13 retail categories will be sold.
“Shoppers each have a unique value system for… Read More
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Ever notice that Halloween store that opened overnight? Or, heard through the grapevine that your favorite Etsy store would be opening a home in your neck of the woods? Pop-up stores are becoming increasingly popular and can generate tons of buzz and business for retailers looking to expand their brand and… Read More
Brenda Ford, Vice President of National Retail Leasing is one of the luckiest and most modest people you will ever encounter. Her tenure with JLL is approaching 14 years and as time is passing, her ambitions are consistently being achieved.
Almost 14 years ago Brenda’s original long-term ambition was to… Read More
Did you know that by 2025, as much as 20% of space in many shopping centers will be occupied by F&B concepts? View the 6 eating habits changing the food industry and how the hungry millennials are shifting restaurant operations and food options.
Today people change their relationship status with a simple click, but in times past the mall is where you went to make known your significant other. This Valentine’s Day, JLL is bringing some of that nostalgia back with its “Let’s Share the Love” campaign at 25 of its managed centers. Consumers can enter to win a $200 gift card to share something sweet with their Valentine by carving their initials on… Read More
The sale of goods and services online is expected to grow 8.6 percent on average per annum for the next five years according to IBIS World. While retail shopping is moving online, it isn’t leaving physical stores in the dust as 92.5 percent of retail sales still happen in store according to JLL’s retail experts. In an effort to counter this misnomer, JLL is sparking an industry-wide conversation about the undeniable… Read More
AEW Capital Management, L.P. has selected JLL to manage and lease The Shops at Highland Village, a 352,000-square-foot lifestyle shopping center located at 1701 Shoal Creek in Highland Village, Texas. Anchored by AMC Highland Village 12, Whole Foods Market and Barnes & Noble Booksellers, the open-air, pedestrian-friendly center includes 11 restaurants and 60 specialty shops including Banana Republic, White House Black… Read More
As commercial real estate enters its sixth year of growth and volatility heightens in the public equity market, questions are beginning to surface as to how much longer this can continue. But investors show no signs of slowing as they satisfy their hunger for urban retail, potentially positioning 2015 as the highest year on record for the subsector outpacing a record year in 2014, according to JLL’s Q3 2015 Investment Outlook… Read More
As shoppers get into the spirit of the holiday season, JLL has positioned its centers under management as The Holiday Hot Spot: Connecting You to All Things Holiday. JLL’s new Holiday Hot Spot campaign provides shoppers at JLL-managed centers with a one-stop shop for all this season’s must-have gifts, but also offers a… Read More


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The deficit of Ukraine’s foreign trade in goods in January-July 2018 increased by 42.7% compared to January-July 2017, to $4.064 billion (it was $2.848 billion in January-July 2017), the State Statistics Service of Ukraine said. The deficit in July alone was $1.406 billion, while it was $602.7 million in June, $632 million in May, $221.6 million in April, $460 million in March, $457 million in February, and $284.1 million in January.
Exports of goods in January-July this year increased by 12.7% year-over-year, to $26.876 billion, while imports grew by 15.9%, to $30.94 billion.
Seasonally adjusted exports in July 2018 decreased by 7% from June 2018, imports grew by 0.7%. Seasonally adjusted foreign trade in July 2018 was negative and the deficit was estimated at $1.214 billion. The deficit was also registered in June 2018 ($894.2 million), in May ($ 946.5 million), in April ($570.8 million), in March ($508.2 million), in February ($411.8 million) and in January ($580.5 million).
The ratio of coverage of imports by exports was 0.87 (it was 0.89 in January-July 2017).
Ukraine traded with partners from 212 countries.
The surplus of Ukraine’s foreign trade in services in the first half of 2018 increased by 6% compared to the same period in 2017, to $2.826 billion (in the first half of 2017 some $2.658 billion), the State Statistics Service has said. According to its data, exports of services in January-June of 2018 increased by 5.7%, to $5.378 billion, imports by 4.9%, to $2.552 billion.
The ratio of coverage of imports by exports was 2.11 (for the six months of 2017 some 2.09).
Foreign trade operations were carried out with partners from 216 countries
Foreign trade operations were conducted with partners from 210 countries. The ratio of coverage of imports by exports in Ukraine was 0.9.
The deficit of Ukraine’s foreign trade in goods in January-May 2018 increased by 1.4 times compared with January-May 2017 and amounted to $2.055 billion, the State Statistics Service has said.
Russia is still on the first place among main export markets for Ukrainian goods (7,8% of all trade volume), 4 years ago a share of Russia was more than a quarter of all Ukrainian export..
The second goes Poland (7,0%), the third one is Turkey (6,2%).
Also in top-ten export destinations are Italy, India, China, Germany, Egypt, Hungary, the Netherlands. The USA is the 13-th export market of Ukraine, the UK and France are not presented even in top-20 of the main markets for Ukrainian goods.


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The annual FTA Forum got underway on Sunday with an awards reception honoring the industry's achievements and inducting the latest member of the FTA Hall of Fame. Attendees also took part in educational sessions on a variety of flexographic printing topics.
In an effort to curb food waste, U.K.-based grocery store Morrisons has launched a line of "Wonky" fruits and vegetables that are a bit misshapen, but otherwise perfectly good to eat. The plastic used to package these items has led to some social media backlash, raising the issue of reducing food waste with non-recyclable packaging.
Since its founding nearly 30 years ago, Phipps Label has always relied on its entrepreneurial spirit. Now, in an evolving industry that relies on efficiency and versatility, a new state-of-the-art press has the company ready for what’s next.
A new research report from packagePRINTING, details the top challenges that package printers and converters are facing, along with strategies to overcome them. Here are the Top 5 key takeaways from this latest packaging industry analysis.
Xeikon Café North America is a unique industry event that helps printers and converters to understand, evaluate and experience all aspects of digital print, enabling you to consciously make critical business decisions. How to profitably produce in a digital way is showcased by industry leaders in software, workflow, consumables, media, digital printing and finishing solutions dedicated to digital manufacturing.
In order to maximize the opportunities the packaging industry offers, printers of labels, folding cartons, flexible packaging and corrugated need to be aware of the business challenges they face and have a plan to mitigate their impact. packagePRINTING has released a new research report that details the key challenges package printers face and provides insight into how to solve these issues.
The Paperboard Packaging Council (PPC) held its annual Spring Outlook and Strategies Conference last week in Baltimore. The conference spanned a variety of topics including sales strategies, packaging trends, economic forecasts and building corporate culture.
On Tuesday, April 3, Transcontinental hosted a press conference in Montreal, during which Isabelle Marcoux, chair of the Transcontinental board of directors, hailed the recent $1.32 billion acquisition of Coveris Americas as “transformational.”
The recently imposed aluminum tariffs by the Trump administration could have a significant impact on U.S.-based flexible packaging converters, many of which rely on a very thin grade of aluminum foil to implement into a variety of packaging applications. Because much of this foil is produced overseas, the Flexible Packaging Association is helping its members work toward a potential exclusion from these tariffs.
In this month's Editor's Note, Editor-in-Chief Cory Francer discusses packagePRINTING's first research report, which was sponsored by SGIA.
Paper and paperboard may be long-established packaging materials, but brands in luxury and premium markets still rely on its appeal to discerning consumers.
The flexible packaging industry's strength and abundant growth opportunities were key themes of the Flexible Packaging Association's 2018 Annual Meeting, held March 13-15 at the Ritz Carlton Golf Resort in Naples, Fla.
Derek Volk, president of Biddeford, Maine-based corrugated packaging manufacturer Volk Packaging, says he wants his company to be known for more than just making boxes. In May, the company will install the Volk Packaging Heroes Wall, which will feature tiles contributed by the public honoring those who have served in the U.S. armed forces.
Key Xeikon executives took part in a press briefing last week to discuss the company's goals to grow as a leader in digital printing technology. As a supplier of both inkjet and toner solutions, the event focused on how Xeikon can help advise printers on the right technology solutions for their needs.
Corrugated Synergies International (CSI) and EFI made news last week with the announcement that CSI is the first company to purchase the EFI Nozomi C18000 digital press for corrugated, along with the full EFI corrugated packaging platform. Jeffery Dumbach of CSI shared additional insight into the company's decision.


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Buying a bushel of beans from a local farmer may make you feel good and delight your guests, but imagine the impact on local agriculture — and eating habits — if your friendly farmer and his friends could sell truckloads of fresh produce to local high schools, colleges, nursing homes and hospitals.
Through a growing network of passionate growers and distributors, doors to these newmarkets are suddenly swinging open for small Ontario growers. One of the biggest challenges is convincing institutions local food isn’t wildly more expensive than imports, says Paul Knechtel, president of 100 Mile Market Inc., in Kitchener, Ont., which picks up and stributes locally grown produce, meat, fish, dairy and processed products from 160 local farmers to foodservice customers large and small.
An hour north of Toronto, in Bradford, Ont., Larry Cohn, president of Cohn Farms, is installing the latest European equipment to offer customers the highest degree of food
safety and efficiency in the packing and processing of his 700 acres of root crops.With the help of a $350,000 Greenbelt Fund grant over two years and Local Food Plus (LFP), a Toronto-based non-profit that conducts farm audits to ensure a producer is local and sustainable, he’s put together a project to package fresh produce from small, LFP-certified growers to attract large-volume customers.
“Smaller growers weren’t able to do this before,” says Cohn.“They don’t have the money to spend on expensive packing equipment, and they don’t have the food-safety levels in
place, which costs the same whether you’re big or small.”The second-generation grower now has commitments from nine farms this season, offering produce from broccoli to celery, both fresh and fresh-cut. Within two years, he’d like to have 20 to 30 small growers on board.


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GAC NE, Guangzhou Auto’s New Energy brand for the Chinese market and an intended Tesla competitor, has announced the sales launch of the Aion V. This new crossover will feature a ternary lithium battery pack and Huawei’s 5G + V2X intelligent communication system.
The Aion V has angular lines and a low roof, both being contrasts to what other EV makers in this size segment, such as Geely and Tesla, already offer or plan to offer. Inside, there is a fully digital dashboard, the obligatory two-spoke steering wheel which so many vehicles now feature, and seating for five occupants.
Further details of the new EV are in this GAC future models report.
For even more detail on past, current and forthcoming GAC and GAC NE vehicles, see PLDB, the future vehicles database. The GAC NE Aion V’s size, architecture, and outputs of the battery and motor as well as their suppliers can be found in PLDB.


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Exxon Mobil is now again the world's most valuable publicly traded company as Apple shares hit new low.
Apple stock has closed at $402 yesterday after suffering a sharp decline. This is the lowest point in 18 month. Now Exxon Mobil has back on top of the list of most valuable companies. Reports from suppliers have triggered the sharp loss of over $20 yesterday.
Apple will report its Q2 earnings next week on April 23. Analyst expect declining sales of iPad and iPhone. That actually leaves the chance open for Apple to surprise with something positive that could send the stock higher again.
Also any kind of new product announcement would help a lot right now.


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U.S. Attorneys General Press FDA For Tougher E-cigarette Rules
Attorney generals from 29 U.S. states urged the Food and Drug Administration on Friday to strengthen its proposed regulation on electronic cigarettes to better protect young people from nicotine addiction. According to a press release from New York Attorney General Eric Schneiderman, in a letter, attorney generals from states including New York, Illinois, Indiana and Massachusetts asked the FDA to prohibit flavors other than tobacco and menthol, and to restrict advertising and marketing for e-cigarettes as strictly as it does for cigarettes. In April, the FDA proposed rules that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children.
“U.S. Attorneys General Press FDA For Tougher E-cigarette Rules” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.


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How important do British consumers think it is to conduct their banking and financial services business with the same people they buy frozen peas from? Not very, it would appear, because Tesco and Sainsbury’s, the UK two largest supermarket groups – combined revenues of almost £48billion (US$61 billion) in the fiscal half-year to September 2023 – announced within days of each other that they are ditching their go-it-alone banking strategies.
The concept of further monetising food shoppers by cross-selling them financial products and services might be sound on paper. But after years of effort building expensive banking brands with an eye on disrupting the UK retail and consumer banking market, UK supermarkets have come to the conclusion that banking is better done by … well … banks. And that offering banking services on a white-label basis backed by the know-how and the physical and digital operating infrastructures of financial institutions is the way to go.
Barclays’ announcement on February 9th, following months of speculation, that is acquiring Tesco Bank for £600 million will see the two parties enter a 10-year strategic partnership under which Barclays will white-label Tesco-branded credit cards, unsecured personal loans and deposits that will land the supermarket group a royalty payment of around £50 million a year. Not bad.
Tesco Bank was established in 1997 as 50-50 joint venture with the Royal Bank of Scotland. The supermarket acquired RBS’s stake in 2008. (RBS had other issues to deal with at that time, like being nationalised in a £45.8 billion government bail-out as the Global Financial Crisis was unfolding). Tesco began its slow withdrawal from banking in 2019. It sold its mortgage portfolio in that year to Lloyds Banking Group for £3.8 billion, having already stopped new mortgage lending, and also stopped accepting new personal current accounts. All personal current accounts were closed in 2021.
The sale to Barclays involves £4.2 billion of credit card receivables, £4.1 billion of unsecured personal loans and roughly £6.7 billion in customer deposits, alongside 2,800 staff and the bank’s operating infrastructure.
The Tesco news came just weeks after Sainsbury’s Bank said it had completed a strategic review of its financial services division. Conclusion? Sainsbury’s too is getting out to focus on its Food First strategy. “Financial services products that we continue to offer in the future will be provided by dedicated financial services providers through a distributed model. Over time, this will result in a phased withdrawal from our core banking business,” the firm said in a statement.”
At the Sainsbury’s strategy update on February 7th, just two days before the Tesco/Barclays announcement, Sainsbury’s CEO Simon Roberts said withdrawal means “selling, entering into partnerships with third parties, or running off portfolios”. Speculation is mounting as to who might bid for the business.
There had been chatter about the future of Sainsbury’s Bank for years. Management had made little secret of the fact it was not necessarily wedded to the banking business. NatWest reportedly made enquiries about a takeover in 2020. Sainsbury’s Bank was established in the same year as Tesco Bank, 1997, as a joint venture with Bank of Scotland before the supermarket took full ownership in 2014. In August 2023, it sold its £479m mortgage portfolio to The Co-Operative Bank.
Among other leading UK retailers, Marks and Spencer has long since given up on running its own bank: M&S Bank has been a subsidiary of HSBC for years.
The John Lewis Partnership (which operates the John Lewis retail stores and supermarket chain Waitrose) has a partnership with consumer finance specialty provider NewDay (owned by private equity firms Cinven and CVC).
Supermarket group Asda’s credit card is provided by app-based fintech Jaja Finance (majority owned by private equity firms KKR and TDR Capital). Jaja made its play for UK branded credit cards in 2019 when it acquired the Bank of Ireland’s UK credit card portfolio for £530 million. As well as Asda, Jaja white labels UK motoring association The AA’s credit card (formerly The Automobile Association). Meanwhile, the UK Post Office’s credit card is operated by US-based bank holding company Capital One.
And for something completely different …
Taking a step back to the Co-Op acquisition of Sainsbury’s mortgage portfolio and at the risk of going off on a tangent, that purchase was notable for another reason: it was the Co-Op Bank’s first portfolio acquisition in more than a decade.
Particularly notable because Co-Op initiated its own a strategic review in 2023, having been perennially subject to takeover rumours since its rescue by a syndicate of hedge funds and private equity firms in 2017. At the time of the Sainsbury’s mortgage purchase, Co-Op Bank CEO Nick Slape said the sale “highlights the bank’s turnaround and focus on both organic and inorganic opportunities”.
Well, the opportunities the bank is pursuing are clearly inorganic: soon after buying Sainsbury’s mortgages, the Co-Operative Bank entered into exclusive merger negotiations with Coventry Building Society, the UK’s third largest mutual financial institution, in December 2023. The syndicate that owns Co-Op Bank – Anchorage Capital, Silver Point Capital, Goldentree, Cyrus Capital Partners, Invesco, J.C. Flowers, and Bain Capital – is presumably keen to exit money-good.
The last-ditch rescue was mounted because of the Co-Op Bank’s catastrophic acquisition of the Britannia Building Society in the depths of the Global Financial Crisis in 2009, when Britannia’s bad commercial real estate loans and sub-prime residential mortgages almost sank its acquiror and ended up putting it through years of penury and hard slog. If Coventry and Co-Op end up doing a deal, the latter will return to the mutual status under which it was founded in 1872.


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Rhode Island Projections Shed Light on Dispensary Startup Costs, Annual Revenues
Want to get an idea of startup costs, revenue potential and other financial data tied to launching and running a medical marijuana dispensary?
Look to Rhode Island.
Documents filed recently by two groups planning to open dispensaries in the state – the Thomas C. Slater Compassion Center and Greenleaf Compassion Center – provide a snapshot of the financial side of the medical marijuana business. The documents feature updated business plans that include everything from expected startup expenses, revenues and breakeven timelines to estimated number of patient visits annually.
The Slater center plans on a relatively large operation with a substantial grow operation, while Greenleaf is going much smaller and is buying its initial cannabis inventory from caregivers.
Here are some highlights from their estimates: (Note – For a detailed overview of financial information and exclusive data about the MMJ industry, check out MMJ Business Daily’s Marijuana Business Factbook 2013, which will be released March 20.)
Initial startup expenses
Slater: $1.6 million, including $660,000 in build-out costs, $500,000 in working capital and $440,000 for equipment
Greenleaf: $120,000, including $56,000 for payroll and $25,000 to purchase 200 ounces of cannabis
Startup expenses during ramp-up
Slater: $1.1 million
Sampling of startup expenses during ramp-up
Slater: Security ($434,375), payroll ($291,120), cannabis growing and processing ($97,200), leaseholding expenses ($73,333), community outreach ($72,842) and utilities ($28,800).
Greenleaf: Payroll ($241,872), leasehold expenses ($50,000), office expenses ($26,130), supplies ($20,800), equipment ($10,088) and consultants ($7,280).
Slater: $1.6 million loan from investor/board member
Greenleaf: $200,000 loan from principals/management team
Revenues in first full year
Slater: $2.6 million (including $2.4 million in cannabis sales to registered patients and $240,800 in sales of paraphernalia and other goods)
Greenleaf: $1.25 million (including $1.24 million in cannabis sales to registered patients and $12,000 in sales of paraphernalia and other goods)
Revenues in second full fiscal year
Slater: $3.9 million, or 50% growth
Greenleaf: $2.15 million, or 50% growth
Breakeven (note: the centers are nonprofits)
Slater: Second full fiscal year
Greenleaf: First full year
Number of patients in first full fiscal year
Number of patient visits in first full fiscal year
Size of center
Slater: 13,750 square feet, including 5,000 for retail cannabis sales and 5,600 for cultivation
Greenleaf: 2,800 square feet
Number of full-time equivalent workers (first full year)
Rhode Island initially approved three dispensary applicants, but the state’s governor halted the program in 2011 over concerns that it conflicts with federal law. Now the program is back on track, and Greenleaf and the Slater center are gearing up to open soon.
Both centers recently submitted changes to their initial applications from several years ago, providing detailed updates to their business plans as required by the Rhode Island Department of Health.
While startup costs and other financial data vary greatly depending on many factors including location, local regulations and the scope of the operation, these projections provide insight into the financial side of an industry where there’s a dearth of such information.
As the impending September timeframe looms for medical marijuana businesses to apply for operating permits [click to continue...]
A medical marijuana vending machine generating plenty of buzz in the media has made its [click to continue...]
The third-largest city in Colorado awarded 21 licenses for cannabis shops on Thursday, paving the [click to continue...]
More good news on the financial front for cannabis businesses: A company that sells self-service [click to continue...]
For four years, the Drug Enforcement Administration has allowed the federal government to grow a [click to continue...]
The Massachusetts dispensary licensing process has evoked the ire of several applicants who feel that [click to continue...]
Florida’s medical marijuana ballot measure will create an overlooked business opportunity: paraphernalia sales. Currently, it’s [click to continue...]
Washington State recreational marijuana shops have had it with the sky-high prices licensed growers are [click to continue...]
Two Canadian cannabis cultivation companies saw their share prices soar on the first day of [click to continue...]
Taxing recreational marijuana sales is a tricky business, as a Denver judge pointed out in [click to continue...]
The town of Port Angeles, Washington, has experienced a marijuana boom in 2014. But the [click to continue...]
Just because Oregon is poised to legalize recreational marijuana in November doesn’t mean everyone in [click to continue...]
A Denver medical cannabis company says it’s “befuddled” by obstacles it has encountered while trying [click to continue...]
Federal versus local control over marijuana. That’s the question at the heart of two lawsuits [click to continue...]


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Results tagged ‘ Free Shirt Friday ’
In case you haven’t been following along, all week long we’ve been unveiling our 2016 All-Fan Giveaway schedule.
On Monday, we revealed the 1980s Vintage Brewer bobblehead and a bobblehead featuring the Brewers franchise leader in home runs, Ryan Braun. On Tuesday, it was the Barking BobbleHank and Greg Vaughn Bobblehead. Wednesday we revealed the Bob Uecker Talking Alarm Clock and Jimmy Nelson Bobblehead, and yesterday we revealed the Craig Counsell Bobblehead and three All-KIDS giveaways.
Today we’ll be wrapping up our announcements and this morning’s is a big one: Back by popular demand, T-Shirt Fridays will return to Miller Park for the 2016 season.
All fans in attendance during each of the seven Friday home games from June through August will receive a complimentary Brewers–themed T-shirt (available in both medium and extra-large sizes). And, like last year, you’ll be able to vote online for your favorite designs.
We’ll have more information for you on the voting process in the coming months, so stay tuned!
Make sure to follow us on our website at brewers.com/allfans and across all of our social media platforms the rest of this week–including Facebook, Twitter and Instagram– to be the first to see our 2016 All-Fan Giveaway schedule, plus have a chance to win tickets to those games.
If you don’t win, don’t worry. Individual tickets will go on sale in spring. However, if you’d like to secure your tickets for these games early, the t-shirt dates are included in select season ticket packages which are on sale now.
Stay tuned to the blog, our social channels and brewers.com/allfans all week as we unveil one more promotion later today!
I hope you’ve had the chance to make it out here for our Free Shirt Fridays promotion this season, but if not, you’re in luck–we’ve got one more Free Shirt Friday coming up on Friday, August 22 when the Crew takes on the Pittsburgh Pirates:
This t-shirt not only looks great dry, but it also looks great drenched, as Carlos Gomez, Kyle Lohse and Jonathan Lucroy donned these t-shirts to complete the Ice Bucket Challenge the other day.
I can tell the shirts have been a hit this year, not only by attendance at these designated games, but also when I’ve been out and about and seen folks wearing these t-shirts all around the city.
From the gym and grocery store to State Fair and future Brewers games, thanks for coming out and supporting the Crew all season long and all about town!