2010年10月21日星期四

another restructuring and major divestments

Despite the late 20th century efforts to restructure 90, Sally continues to struggle. Profits did not grow faster, with annual sales from the five-year period of fiscal 1996, fiscal 2000 grew by only 2.2 percentage points. Stock prices, after the jump after the introduction of the restructuring, once again plummeted. In an attempt to reverse the company's fate, McMillan said, in May 2000 a more ambitious restructuring: Sally will rule in its broad portfolio of three main areas of food and beverages, intimate and lingerie, home products focus; through the restructuring of and operation management, to eliminate the 10 different meat companies such as duplication of work; and through a new round of asset stripping, including the leather company's coaches, sports clothing manufacturer Champion, foodservice distributor PYA / Monarch, manufacturing units Courtaulds International Fabrics. The restructuring effort will also include more than 13,000 employees laid off, reaching nearly 10 percent of the labor force. Coach Outlet Store Online

Divestment plan as described in large part. December 2000, PYA / Monarch was sold to Royal Ahold 15.6 billion merger with U.S. food service. October 2000, Sally sold 19.5 percent of the newly named Coach company raised 118 million U.S. dollars to the public. The following April, Sally fully deprived of their coach held the remaining shareholders divest itself of the Sally, in the process net 1.1 billion. Fabric manufacturing units to be sold to Courtaulds Spanish fabric maker Dogi 2001 年 4 month. Although Sally finally decided to keep its U.S. business titles, and sell Champion Europe. A number of other smaller divestments in 2001 and established a number of 2002 as well. Overall, the equivalent of about 20 percentage of corporate income divestment. Coach Outlet Store

Not a fiscal 2001 acquisition of the main features, although Sally also buy coffee Pilao Caboclo Steel Co. In Brazil's largest coffee company, Sol Y Oro, women in Argentina, a leading marketer of lingerie. But then in August 2001, Sally moved to the growth of a more serious manner back in the company's largest acquisition in history, that the Earthgrains 1.9 billion company with $ 957 million in assumed debt to buy long-term. St. Louis-based Earthgrains is the second largest bakery, with annual revenue of 2.6 billion, which is packaged fresh and frozen bread dough professional. Earthgrains and Sara Lee's bakery operations in the combination of the newly named Sara Lee bread group. Brian retired in October 2001, ending his long stint as chairman of the company. McMillan said the post of Chairman, his duties. It remains to be seen whether McMillan would prove more successful reorganization lead than his predecessor introduced. Coach Outlet Online Store

Three in 2004, Brenda Barnes was named president and chief operating officer of Sara Lee Corporation. Senseo coffee system was introduced in the United States, Britain and Denmark.

February 2005, the company began executing a bold and ambitious multi-year plan into its food, beverage, household and body care businesses around the world focus on the Sara Lee Corporation. To support this focus, Sara Lee announced plans to sell about 40 company's income, including its apparel, European packaged meats, U.S. retail coffee and direct selling company percentage. Coach Outlet Online

In addition, as part of the reform, Sally around its clients, customers and geographical operations to better serve the changing global market. Three Brenda Barnes was appointed president and president and CEO of Sara Lee in 2005, the company announced that it selected a new company headquarters 唐纳斯格格 as Rove, Illinois, location, which The company will be operating companies in North America and the vast majority Sally employees.

2005 also saw the first time Shali Si soft lipstick white bread, whole wheat. In October, Brenda Barnes, Sara Lee, chairman of the three succeeding three 史蒂芬麦克 Milan. As with Sally's direct business to Tupperware. Coach Store

Sally 2006, a selection of meat in Europe and the European branded apparel business divestiture. In addition, stripped to the shareholders of the company's brand clothing, Americas / Asia business, into an independent, publicly traded companies, including the so-called Hanesbrands spin-off company, part of Sally makes more than 3.7 billion dollars in revenue the company transformation plan. In addition to monetary benefits, the company is now firmly focused on its core business of food, beverage, household and body care.

By 2009, Sara Lee continued to pursue efforts to focus on core business, their families and health care business for sale. In April, Sally introduced the advanced equipment, the most advanced R & D center, called kitchen Sally, in the company's headquarters in Downers Grove, Illinois 120,000 square feet of campus

In the September 25, 2009 announced that it had accepted the Unilever Sally was € 1.275 billion a binding offer for sale of its global health care and the European detergents business. The transaction is subject to regulatory approval, the Advisory Committee and the European employees.

没有评论:

发表评论

注意:只有此博客的成员才能发布评论。