women

Two Demand Solutions Customers Honored with SDCE Women in Supply Chain Awards

Company Congratulates Andrea Gauntlett and Joanna George on Inclusion in First-Ever Awards

Demand Management, Inc., a leading global resource for cloud-based digital supply chain management solutions, announced today that its customers Joanna George, Director, Global Demand Planning & Processes, Siemens Healthineers, and Andrea Gauntlett, Director of Supply Chain at T-Y Groupe – Linen Holdings, LLC, have been included in the first-ever SDCE Women in Supply Chain Awards.

The Women in Supply Chain Awards honor female supply chain leaders and executives whose accomplishments, mentorship, and examples set a foundation for women in all levels of a company’s supply chain network. Supply & Demand Chain Executive launched this award in 2020 to honor its 20-year anniversary. The magazine accepted nominations from May to July 2020.

“We received over 200 entries for this new award, entries that were submitted from a combination of men and women. This proves that our industry needed an

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fashion

Low-cost fashion chain H&M sees sales 16% drop due to virus

Swedish low-cost fashion brand Hennes & Mauritz AB says its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic

STOCKHOLM — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic.

At the beginning of the quarter, approximately 900 of the group’s more than 5,000 stores were temporarily closed. At the end of the quarter just over 200 stores were temporarily closed.

The Stockholm-based retailing group said its profit after tax for the period June 1– Aug. 31 amounted to 1.8 billion kronor ($200 million). A year earlier, it had reported a profit of 3.9 billion kronor.

“Through much-appreciated collections and rapid, decisive actions, we returned to profit already

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