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Canned Soup Products Maker Campbell Cuts 415 Jobs: Details

Campbell Soup is set to revamp its supply chain to drive growth and enhance efficiency. The strategic plan includes closing outdated plants, investing in modern facilities, and leveraging leading co-manufacturing partners. Notably, the Tualatin plant will close by July 2026, impacting 330 employees, while changes at the Jeffersonville plant will affect 85 employees. The company will invest $230 million in newer facilities, creating 210 new roles.

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Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas

Nike Inc. (NYSE: NKE) has won the right to feature three stripes on some trouser designs in Germany, following a significant court ruling. The Duesseldorf regional court partially overturned its previous decision, allowing Nike to use the stripes on four out of five disputed models. This decision comes amid an ongoing trademark dispute with Adidas AG (OTC ), highlighting the fierce competition in the sportswear industry.

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