|Adidas to cut product offering by 25 percent||| Print ||
|Friday, April 13, 2012|
Adidas plans to cut the number of products it produces by as much as 25%, according to chief executive Herbert Hainer.
Hainer said the company currently sells 46,897 different lines of products, which is far too many to manufacture and market efficiently.
He said the top 20 percent of the company's products account for 80 percent of its sales.
The president of Portland-based Adidas America, Patrik Nilsson, said Thursday the product-line reduction will bring greater focus to the company's overall mission -- and profitability.
Read more at OregonLive.com.
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.