Recent highlights include: -Chico's FAS continued its evolution to a digital-first company, fast tracking several investments in innovative digital technology, leading to higher customer engagement and improved sales. -For the third quarter, total sales improved 14.8% from the thirteen weeks ended August 1, 2020 (the "second quarter"), driven by robust digital performance and rebounding store revenues. -Third quarter digital sales grew by double digits for the second quarter in a row. Year-over-year digital sales grew in all three brands, and Soma led the way with 67% growth compared to the thirteen weeks ended November 2, 2019 ("last year's third quarter"). -Soma achieved a 10.5% total comparable sales growth for the third quarter compared to last year's third quarter. -Total third quarter gross margin rate was up 740 basis points compared to the second quarter, reflecting a higher percentage of full-price selling on leaner inventory, reduced inventory write-offs and leverage of fixed occupancy costs.
Huhtamaki North America announces its sponsorship of a sports stadium. In a recently announced five-year deal, Huhtamaki will be the official “sustainable packaging provider” at Children’s Mercy Park stadium, home of the US Major League Soccer (MLS) team, Sporting Kansas City. Together, both companies will further reduce stadium’s environmental footprint
The company’s sports partnership in North America features naming rights to the Huhtamaki Shield Club at Children’s Mercy Park in Kansas City and community impact initiatives for the region through support of Sporting Sustainability and The Victory Project. Together with Sporting Kansas City, Huhtamaki is committed to reducing the stadium’s environmental footprint with the goal of zero waste by 2027.
“We couldn’t be more excited to partner with Huhtamaki, a global packaging leader with a longstanding reputation of excellence in sustainable food packaging. Together we will achieve a more sustainable future,” said Sporting Kansas City Vice President of Corporate Partnerships Jon Moses.
Sharing the same vision of sustainable guest experience
“We share the same vision to create a sustainable guest experience with our innovative culinary approach and our overall stadium food and beverage initiatives,” said Sporting Kansas City Vice President of Hospitality Marc Mulherin. “Offering an elevated food and beverage experience that focuses on environmental and sustainability efforts will be a continued approach for the 2023 season and beyond.”
“We applaud the sustainability efforts of Sporting Kansas City and are excited to work toward zero waste at Children’s Mercy Park. Working alongside Sporting Kansas City, we will demonstrate the circularity of our packaging, that is designed to protect food, people and the planet,” said Ann O’Hara, President of Huhtamaki North America.
more at: https://www.huhtamaki.com/en/highlights/recent/sporting-kansas-city-teams-up-with-huhtamaki-to-make-childrens-mercy-park-zero-waste/