Vermont Paper Uses AI To Cover Town Meetings (mediapost.com)

HH Global has been featured in The Sunday Times Sustainable Innovation report, which explores how greentech startups are improving supply chain transparency, how consumer technology is embracing the circular economy, and how innovators are working towards a greener future for work, cities, and travel. HH Global’s responsibility for governing sustainability and ESG within a managed supply chain was the focus of a featured article titled ‘Brands transform in the decade of action’. Kevin Dunckley, Chief Sustainability & Innovation Officer at HH Global, explains how our inclusion in this thought leadership piece is a clear endorsement of our credibility in this important field.

A summary of results for the third quarter ended October 29, 2022 as compared to the third quarter ended October 30, 2021: *Net sales of $880 million, down 3% as compared to last year on a reported basis and approximately flat on a constant currency basis. *Gross profit rate of 59.2%, down approximately 450 basis points as compared to last year. The year-over-year decrease was primarily driven by 370 basis points of higher freight and raw material costs and 60 basis points from the adverse impact of exchange rates. *Operating expense, excluding other operating income, net, approximately flat compared to last year, with decreases in marketing and incentive-based compensation, offset by higher inflation and digital fulfillment expenses. Operating expense as a percentage of sales increased to 57.2% from 55.8% last year. *Operating income of $18 million and $21 million on a reported and adjusted non-GAAP basis, respectively, as compared to operating income of $73 million and $79 million last year, on a reported and adjusted non-GAAP basis, respectively.

L Brands, Inc. reported net sales of $1.267 billion for the four weeks ended Nov. 25, 2017, an increase of 2 percent, compared to net sales of $1.246 billion for the four weeks ended Nov. 26, 2016. Comparable sales decreased 1 percent for the four weeks ended Nov. 25, 2017. For November, the exit of the swim and apparel categories had a negative impact of about 1 percentage point for both total company and Victoria’s Secret comparable sales. The company reported net sales of $9.077 billion for the 43 weeks ended Nov. 25, 2017, a decrease of 3 percent compared to net sales of $9.331 billion for the 43 weeks ended Nov. 26, 2016. Comparable sales decreased 6 percent for the 43 weeks ended Nov. 25, 2017. For the 43 weeks ended Nov. 25, 2017, the exit of the swim and apparel categories had a negative impact of about 4 percentage points and 6 percentage points to total company and Victoria’s Secret comparable sales, respectively.