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ximica_bi_ha7759
2 months ago
The decision will see the planned closure of Cone Denim's Jiaxing facility in Zhejiang province, marking a major step in its ongoing strategic transformation.
Cone Denim says the withdrawal follows a "comprehensive review" of its manufacturing footprint, the global denim market and changes in customer sourcing needs.
Recent changes in global trade, evolving customer strategies, cost pressures, supply chain considerations and broader geopolitical circumstances all contributed to the determination to curtail denim production in China.
Cone Denim president Steve Maggard explained: "We are positioning Cone Denim for its next chapter of success, with a clear priority to continue delivering for our customers with the quality, innovation, reliability, and service that have defined Cone Denim for generations.
"Closing the China facility was a difficult but necessary decision as we position Cone Denim for long-term competitiveness in a changing global market. While this marks a significant change in our manufacturing network, our commitment to serving customers remains unchanged, and we are committed to supporting our customers, employees, suppliers, and local stakeholders through this transition with transparency, care, and disciplined execution."

#global #changes
mildly
4 months ago
After nine years, the University of Louisiana-Lafayette's Vice President for Intercollegiate Athletics and athletic director Bryan Maggard is leaving the university.
Maggard served as the athletic director since 2017 and is expected to join the staff at the University of Missouri. His anticipated move to Missouri marks a return to a program where he spent 21 years as the Tigers' executive ***** ociate athletic director.
"Ragin' Cajuns Athletics, the University, and Lafayette, Louisiana will forever hold a special place in Kerry and my hearts," Maggard said in a press release. "We always knew it would take something extremely special for us to leave this place we called home for nearly a decade. With the birth of our granddaughter and a tremendous opportunity provided by Mizzou, we simply could not pass up the chance to return close to family."
Throughout his tenure in Lafayette, Ragin' Cajuns athletics has seen success throughout major changes in collegiate athletics. From handling the growing transfer portal to the introduction of NIL's, UL has carved out a ***** e for itself as a mid-major powerhouse across Division I sports.
Under Maggard, the Cajuns won Sun Belt Conference championships in baseball, football and softball. In the 2021-22 school year, UL was the only university in Louisiana to win all three plus a bowl game. UL football has been to eight consecutive bowl games during Maggard's tenture.

#university #maggard #lafayette

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