KnowBe4 Launches Resource Kit to Defend Against Mounting Cyber Attacks

KnowBe4 Launches Resource Kit to Defend Against Mounting Cyber Attacks

No-cost cybersecurity resources from KnowBe4 to help IT admins bolster their security awareness training efforts

TAMPA BAY, Fla.–(BUSINESS WIRE)–
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today launched a resource kit in recognition of Cybersecurity Awareness Month in October.

KnowBe4’s Cybersecurity Awareness Month Resource Kit contains a guide for the kit and campaign ideas to help IT admins get started, a weekly training planner, two free training videos, infographics, tip sheets and desktop backgrounds. The two free training videos – “Your Role: Internet Security and You” and “2021 Social Engineering Red Flags” – are available in a variety of different languages.

“These cybersecurity resources that we are offering to IT admins are aimed to help with their training plans and other security awareness initiatives in recognition of Cybersecurity Awareness Month in October,” said Stu Sjouwerman, CEO, KnowBe4. “Malicious actors are not slowing their attacks on everything from critical infrastructure to small businesses, therefore, organizations must educate their employees by making them aware of the latest threats and attack vectors. Cybersecurity Awareness Month is an initiative where we can focus our efforts for the month of October, while also putting forth such efforts to better protect our organizations year-round.”

The theme for this year’s Cybersecurity Awareness Month 2021 by the National Cybersecurity Alliance is Do Your Part. #BeCyberSmart. The theme empowers individuals and organizations to own their role in protecting their part of cyberspace. If everyone does their part – implementing stronger security practices, raising community awareness, educating vulnerable audiences or training employees – our interconnected world will be safer and more resilient for everyone.

To download the KnowBe4 Cybersecurity Awareness Month Resource Kit 2021, visit https://www.knowbe4.com/cybersecurity-awareness-month-resource-kit.

About KnowBe4

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 41,000 organizations around the globe. Founded by IT and data security specialist, Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud, and other social engineering tactics through a new-school approach to awareness training on security. Kevin Mitnick, an internationally recognized cybersecurity specialist and KnowBe4’s Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as their last line of defense.

Amanda Tarantino

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Education Security Technology Other Technology Internet Training

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Febreze Reinvents Fabric Freshness with New Febreze Touch Technology

Febreze Reinvents Fabric Freshness with New Febreze Touch Technology

Design enthusiast Lisa Vanderpump partners with Febreze to bring ‘touch-n-sniff’ experiences to hundreds of homes

CINCINNATI–(BUSINESS WIRE)–
Febreze has reinvented the way people refresh their homes, giving them long lasting scent with every touch. Introducing the new Febreze Unstopables Touch Fabric Spray, a new innovation to the fabric refresher category that combines odor elimination with break through touch-activated scent technology. Febreze Touch stores scent in fabrics, releasing a burst of freshness with every touch, up to 100 times. Think scratch ‘n sniff, taken to the next level. Febreze Touch turns every soft surface of your house into touch ‘n sniff, providing a refreshing scent experience long after it’s sprayed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005055/en/

Design enthusiast Lisa Vanderpump partners with Febreze to bring ‘touch-n-sniff’ experiences to hundreds of homes. (Photo: Business Wire)

Design enthusiast Lisa Vanderpump partners with Febreze to bring ‘touch-n-sniff’ experiences to hundreds of homes. (Photo: Business Wire)

“We know that soft surfaces provide the perfect long-term home for odors, which is why so many people use fabric refresher products to tackle bad smells,” said Angelica Matthews, Senior Brand Director at Febreze. “We decided to see if we could use the odor-trapping nature of soft surfaces to our benefit, by designing a product that gets into soft surfaces to eliminate odors, then leaves a long-lasting freshness behind that can be experienced over and over again.”

Febreze Touch Fabric Spray brings the long-lasting scent experience of products like Febreze Plugs and Small Spaces to an instant-action fabric refresher spray, resulting in freshness that can be experienced over and over again on surfaces throughout the home. The first-of-its-kind formula was designed with touch-activated technology that allows scent to be released from your fabrics for up to 100 touches after use.

The new fabric spray is designed to be used on soft surfaces and hard-to-wash fabrics throughout the home, like pillows, carpets, entry rugs, bedding, curtains, and gym bags.

“When talking with our consumers about the benefits of fabric refresher, we found that people loved our odor elimination technology but were craving longer lasting scent,” said Juan Flores, Consumer Insight Leader at Febreze. “That’s where Febreze TOUCH comes in! Developed with breakthrough touch-activated scent technology, it delivers a great scent experience long after you spray it. Imagine sitting on your couch or walking across your rug days, even weeks after spraying and still being greeted with a burst of freshness. It’s the gift that keeps on giving!”

To celebrate the launch, Febreze partnered with businesswoman, TV star, design enthusiast and philanthropist Lisa Vanderpump to create a limited-edition line of pillows inspired by the new scents in the Febreze Touch lineup: Breeze, Fresh, and Paradise. With Febreze Touch, each pillow becomes a ‘touch-n-sniff,’ providing long-lasting scent touch after touch.

“I’m a busy woman, but I love to entertain in my home, so keeping it looking and smelling great is a priority,” says Lisa. “Using Febreze Touch on my pillows and all of my hard to wash fabrics keeps my house guest-ready – but the best part is the burst of freshness I get every time I sit on my favorite furniture!”

The Touch ‘n Sniff pillows designed by Lisa will be available on a first-come, first serve basis at www.FebrezeTouchPillows.com, beginning August 19th*. Anyone who doesn’t get to receive one can still make all the soft surfaces of their home touch ‘n sniff with Febreze Touch, now available online and in store nationwide.

ABOUT FEBREZE

In 1998, Procter & Gamble (P&G) gave households a breath of fresh air with the launch of Febreze®, known today as the preeminent brand for providing a fresh, clean scent and eliminating odors from fabrics and the air. Febreze® features a line of products with freshness capabilities that range from ridding of pet odors and tackling sweat stink to decorating the home with scent and freshening on the go. Febreze® continues to be one of the fastest growing brands in P&G’s portfolio of household brands and bring innovative products to market.

ABOUT PROCTER & GAMBLE

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com/ for the latest news and information about P&G and its brands.

* NO PURCHASE NECESSARY. Open to legal residents of the 50 United States (D.C.) 18 years of age and older. Void where prohibited. Promotion begins 8/19/21 and ends 9/30/21. To learn more about the giveaway, official rules, prize descriptions and to enter to win, visit www.febrezetouchpillows.com. Sponsor: The Procter & Gamble Distributing LLC.

Press:

Procter & Gamble

Lindsey Mithoefer, 513-885-3114

[email protected]

or

M Booth

Rachel Koggan, 973-464-6469

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Home Goods Women Other Retail General Entertainment Consumer Other Consumer Retail Entertainment

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Design enthusiast Lisa Vanderpump partners with Febreze to bring ‘touch-n-sniff’ experiences to hundreds of homes. (Photo: Business Wire)
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Febreze Touch Fabric Spray has a first-of-its-kind formula that was designed with touch-activated technology that allows scent to be released from your fabrics for up to 100 touches after use. (Photo: Business Wire)

Accenture Federal Services (AFS) Completes Acquisition of Novetta

Accenture Federal Services (AFS) Completes Acquisition of Novetta 

AFS Launches National Security Portfolio 

ARLINGTON, Va.–(BUSINESS WIRE)–Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has completed its acquisition of Novetta, a McLean, Virginia-based advanced analytics company. AFS announced its intent to acquire Novetta on June 1, 2021.

Novetta applies insights and disruptive technologies including artificial intelligence, machine learning, cyber, cloud, and information exploitation to transform how defense, intelligence, and law enforcement organizations use data to better meet their missions and empower their workforces.

With the acquisition, AFS adds a new National Security portfolio to its business to be led by Novetta President and CEO Tiffanny Gates. This portfolio will provide the highly specialized, mission solutions that clients turn to for expertise in the converging domains of analytics, intelligence expertise, cloud engineering, and cyber.

“I’m tremendously excited about my role as senior managing director of this new segment of Accenture Federal Services’ business,” said Tiffanny Gates. “Our disruptive technologies combined with Accenture Federal Services’ ability to deliver federal innovation at scale are highly complementary and will play a major role in meeting our clients’ mission needs.”

The acquisition adds approximately 1,300 people, including software developers, data scientists, and specialists in machine learning, cyber, cloud, and information exploitation to AFS’ 11,000 person workforce.

“Our combined company brings the scale and power of Accenture Federal Services’ digital capabilities together with Novetta’s ability to solve the government’s toughest mission challenges with precision,” said Accenture Federal Services CEO, John Goodman. “We look forward to delivering the next-generation of solutions that today’s missions and times demand.”

Financial terms of the acquisition from global investment firm Carlyle Group (NASDAQ: CG) were not disclosed.

About Accenture Federal Services

Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company headquartered in Arlington, Virginia. Accenture’s federal business has served every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health organizations. Learn more at www.accenturefederal.com

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at www.accenture.com.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

Donna Savarese

Accenture

+1 314 401 8114

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Networks Data Management White House/Federal Government Technology Software

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BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2021 cash distributions for the iShares ETFs listed on the TSX or NEO which pay on a monthly basis as well as XIU. Unitholders of record of a fund on August 26, 2021 will receive cash distributions payable in respect of that fund on August 31, 2021.

Details regarding the “per unit” distribution amounts are as follows:

Fund Name Fund Ticker Cash Distribution Per Unit ($)
iShares 1-10 Year Laddered Corporate Bond Index ETF CBH 0.045
iShares 1-5 Year Laddered Corporate Bond Index ETF CBO 0.038
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF CDZ 0.085
iShares Equal Weight Banc & Lifeco ETF CEW 0.040
iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) CHB 0.073
iShares 1-5 Year Laddered Government Bond Index ETF CLF 0.028
iShares 1-10 Year Laddered Government Bond Index ETF CLG 0.037
iShares Premium Money Market ETF CMR 0.000
iShares S&P/TSX Canadian Preferred Share Index ETF CPD 0.050
iShares Short Duration High Income ETF (CAD-Hedged) CSD 0.067
iShares US Dividend Growers Index ETF (CAD-Hedged) CUD 0.078
iShares Convertible Bond Index ETF CVD 0.069
iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH 0.066
Dynamic Active Tactical Bond ETF DXB 0.042
Dynamic Active Canadian Dividend ETF DXC 0.040
Dynamic Active Crossover Bond ETF DXO 0.057
Dynamic Active Preferred Shares ETF DXP 0.072
Dynamic Active Investment Grade Floating Rate ETF DXV 0.011
iShares Canadian Financial Monthly Income ETF FIE 0.040
iShares Core Canadian Universe Bond Index ETF XBB 0.066
iShares Core Canadian Corporate Bond Index ETF XCB 0.056
iShares U.S. IG Corporate Bond Index ETF XCBU 0.065
iShares U.S. IG Corporate Bond Index ETF(1) XCBU.U 0.052
iShares Core MSCI Global Quality Dividend Index ETF XDG 0.064
iShares Core MSCI Global Quality Dividend Index ETF(1) XDG.U 0.051
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) XDGH 0.064
iShares Core MSCI Canadian Quality Dividend Index ETF XDIV 0.076
iShares Core MSCI US Quality Dividend Index ETF XDU 0.046
iShares Core MSCI US Quality Dividend Index ETF(1) XDU.U 0.037
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) XDUH 0.046
iShares Canadian Select Dividend Index ETF XDV 0.099
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) XEB 0.053
iShares S&P/TSX Composite High Dividend Index ETF XEI 0.078
iShares S&P/TSX Capped Financials Index ETF XFN 0.107
iShares Floating Rate Index ETF XFR 0.004
iShares Core Canadian Government Bond Index ETF XGB 0.042
iShares Global Government Bond Index ETF (CAD-Hedged) XGGB 0.025
iShares Canadian HYBrid Corporate Bond Index ETF XHB 0.060
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) XHD 0.069
iShares U.S. High Dividend Equity Index ETF XHU 0.060
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) XHY 0.071
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIG 0.046
iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) XIGS 0.046
iShares S&P/TSX 60 Index ETF XIU 0.204
iShares Core Canadian Long Term Bond Index ETF XLB 0.064
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) XPF 0.064
iShares High Quality Canadian Bond Index ETF XQB 0.041
iShares S&P/TSX Capped REIT Index ETF XRE 0.051
iShares ESG Aware Canadian Aggregate Bond Index ETF XSAB 0.039
iShares Core Canadian Short Term Bond Index ETF XSB 0.045
iShares Conservative Short Term Strategic Fixed Income ETF XSC 0.043
iShares Conservative Strategic Fixed Income ETF XSE 0.042
iShares Core Canadian Short Term Corporate Bond Index ETF XSH 0.043
iShares 1-5 Year U.S. IG Corporate Bond Index ETF XSHU 0.044
iShares 1-5 Year U.S. IG Corporate Bond Index ETF(1) XSHU.U 0.035
iShares Short Term Strategic Fixed Income ETF XSI 0.044
iShares Short Term High Quality Canadian Bond Index ETF XSQ 0.030
iShares ESG Aware Canadian Short Term Bond Index ETF XSTB 0.029
iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) XSTH 0.220
iShares 0-5 Year TIPS Bond Index ETF XSTP 0.244
iShares 0-5 Year TIPS Bond Index ETF(1) XSTP.U 0.194
iShares Diversified Monthly Income ETF XTR 0.040
iShares S&P/TSX Capped Utilities Index ETF XUT 0.081

(1
) Distribution per unit amounts are in U.S. dollars for XCBU.U, XDG.U, XDU.U, XSHU.U, XSTP.U

Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $3.03 trillion in assets under management as of June 30, 2021, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock..

iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.  

Contact for Media:

Reem Jazar
Email: [email protected]



Macy’s and WHP Global Partner to Bring Universally Beloved Toys”R”Us Brand Back to American Shoppers

Macy’s and WHP Global Partner to Bring Universally Beloved Toys”R”Us Brand Back to American Shoppers

Beginning today, Macy’s customers can experience the expansive assortment of Toys”R”Us products online exclusively at macys.com/toysrus and ToysRUs.com, powered by Macy’s digital and fulfillment ecosystem

Fans of the brand can shop Toys”R”Us destinations in more than 400 stores next year

NEW YORK–(BUSINESS WIRE)–
Macy’s, Inc. (NYSE:M) today announced a partnership with WHP Global to bring together two of America’s most beloved brands, Macy’s and Toys”R”Us. Toys”R”Us kids of all ages can now shop an expansive assortment online from the most globally recognized leader in toys at macys.com/toysrus and in more than 400 Macy’s stores nationwide rolling out in 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005406/en/

Macy’s and WHP Global partner to bring universally beloved Toys"R"Us brand back to American shoppers (Graphic: Business Wire)

Macy’s and WHP Global partner to bring universally beloved Toys”R”Us brand back to American shoppers (Graphic: Business Wire)

“As a Toys”R”Us kid, I could not be more excited to bring this beloved brand that so many of our customers know and love into Macy’s online and to our stores across America,” said Nata Dvir, Macy’s chief merchandising officer. “Our toy business grew exponentially in the past year, with many families looking to inspire their children’s imagination and create meaningful moments together. Toys”R”Us is a globally recognized leader in children’s toys and our partnership allows Macy’s to significantly expand our footprint in that category, while creating more occasions for customers to shop with us across their lifestyles.”

The Toys”R”Us experience at macys.com/toysrus lets shoppers search for the perfect product by age, toy type, character and brand. From perennial favorite toy cars and dolls to STEM-inspired products for creative learners, Macy’s expanded assortment of the hottest and most popular items, including products that highlight inclusivity, discovery and learning, will offer something for every parent and child. Powered by Macy’s, ToysRUs.com will serve as the dedicated authority for all things toys and play, with highly immersive and engaging content that seamlessly connects consumers to the toy offering at macys.com.

Within Toys“R”Us shop-in-shops rolling out to more than 400 Macy’s stores nationwide in 2022, customers will be welcomed by Geoffrey the Giraffe before discovering and playing across dedicated sections by age, interest and category, with interactive experiences, activation centers and iconic elements throughout.

Yehuda Shmidman, Chairman & CEO of WHP Global and Toys“R”Us, commented, “Our partnership with Macy’s marks the greatly anticipated return of Toys”R”Us in the U.S.A., and changes the retail landscape by combining two beloved retail brands together for consumers across the nation in a completely innovative way. We’re thrilled to be launching this new partnership together with Macy’s.”

The Toys”R”Us brand – with its famous jingle “I don’t wanna grow up, I’m a Toys”R”Us kid” and mascot Geoffrey the Giraffe – are synonymous with the joys of childhood for millions around the world. For more than 70 years it has been the most trusted destination for children and parents seeking great toys. Founded by Charles Lazarus, Toys”R”Us became the world’s most beloved toy store and a globally recognized household name in the toy category. Today, Toys”R”Us has a vibrant business that generates more than $2 billion in global retail sales annually through nearly 900 branded global stores outside the U.S. and e-commerce businesses in more than 25 countries.

For more information on Toys”R”Us, check out macys.com/toysrus, ToysRUs.com, or follow @macys and @ToysRUs across social.

About Macy’s

For more than 160 years, Macy’s, the largest retail brand of Macy’s, Inc., has served generations at every stage of their lives. Through a digitally led shopping experience powered by macys.com, our award-winning mobile app, and a nationwide portfolio of stores, Macy’s customers come to us for fashion, value and high-quality products. We are proud of our heritage and the unique role we play in American culture and tradition. We celebrate occasions big and small, and have created decades of memorable experiences through Macy’s 4th of July Fireworks® and Macy’s Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows, and celebrity appearances. With the collective support of our customers and colleagues, Macy’s helps make a difference in every market we serve, supporting local and national charities through funding and volunteer service. With fashion, value and celebration as our guide, Macy’s makes life shine brighter for our customers, colleagues, and communities. For more information, please visit macysinc.com.

About WHP Global

WHP Global is a leading New York based firm that acquires global consumer brands and invests in high-growth distribution channels including digital commerce platforms and global expansion. WHP owns ANNE KLEIN®, JOSEPH ABBOUD®, LOTTO® and a controlling interest in TOYS”R”US®, BABIES”R”US®, Geoffrey® the Giraffe and more than 20 additional consumer brands in the toy and baby categories. The company also owns WHP+ (www.whp-plus.com), a turnkey direct to consumer digital e-commerce platform for brands, with full in-house operations including technology, data analytics, logistics, creative and digital marketing. For more information, please visit www.whp-global.com.

Sheikina Liverpool

[email protected]

Jaime Cassavechia

[email protected]

KEYWORDS: United States North America New York Ohio

INDUSTRY KEYWORDS: Home Goods Specialty Children Online Retail Consumer Fashion Retail Department Stores

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Macy’s and WHP Global partner to bring universally beloved Toys”R”Us brand back to American shoppers (Graphic: Business Wire)

CalAmp Releases New iOn Xtreme Temperature Tag to Monitor Pharmaceutical and Biological Shipments

Smart tag monitors temperatures down to -270 degrees Celsius enabling end-to-end supply chain visibility of pharmaceuticals, vaccines, biological materials and liquid nitrogen

PR Newswire

IRVINE, Calif., Aug. 19, 2021 /PRNewswire/ — CalAmp (Nasdaq: CAMP), a connected intelligence company helping businesses and people track, monitor and recover vital assets with real-time visibility and insights, today announces the release of its new iOn™ Xtreme Temperature Tag, the newest smart sensor tag addition to the iOn Tag product family. The smart sensor tag can pair with a thermocouple probe* to monitor the environmental temperatures of assets in conditions as low as -270 and up to 400 degrees Celsius, making the device ideal for tracking and monitoring shipments of pharmaceuticals, vaccines, biological materials and liquid nitrogen.

When affixed to an asset or container, the tag captures proximity location and ambient temperature readings at a user-defined logging rate which is easily configurable from an intuitive user interface. It then transmits that data via proprietary Bluetooth Low Energy (BLE) signal to CalAmp SC iOn™ gateway devices—from the time the asset is in the warehouse, through transport by land, sea or air, until it reaches its final destination.

Through built-in device integration with the CalAmp Telematics Cloud™ (CTC) platform, the captured data is securely communicated to the cloud in real time, making the information available to guide critical business decisions at the edge and enabling end-to-end supply chain visibility over temperature-sensitive goods. Purpose built for telematics, fleet and supply chain needs, the CTC platform offers pre-integrated devices, device security, global cellular connectivity and sophisticated device management. An innovative marketplace enables new use cases on existing third-party devices. Using CTC, users can also manage the Xtreme Temperature Tag and other CalAmp supply chain gateways, tags and disposable devices and link their data with any existing supply chain management solution thanks to CalAmp’s powerful application programming interface (API) development support.

CalAmp partner, Overhaul, a leader in supply-chain visibility for global enterprises, has already deployed CalAmp’s Xtreme Temperature Tags as part of their full-stack cold chain tracking solutions for pharmaceutical customers, providing end-to-end real-time visibility, security, and integrity of all time and temperature sensitive shipments. Comprehensive temperature monitoring enables Overhaul to ensure the quality, integrity, safety and compliance of their customers’ pharmaceutical shipments including the safe transport of COVID-19 vaccines.

“Life sciences companies entrust us to facilitate the safe and efficient transport of essential shipments and provide visibility where companies need it most; end-to-end and in real-time. This includes life-saving pharmaceuticals, mission-critical vaccines and biological materials needed to advance new therapies and medicines. This extreme temperature tag provides our customers with new levels of visibility and greater confidence in the supply chain of highly perishable materials,” said Barry Conlon, CEO and founder of Overhaul.

“When companies transport sensitive products and materials, they need real-time insight into shipment locations and ambient temperatures to identify and respond quickly to any deviations. We developed this Xtreme Temperature Tag to provide visibility and actionable intelligence—at the edge—so our partners and customers can act with agility, mitigate risks and protect these vital assets that so many lives depend upon,” said Jeff Clark, senior vice president of product management at CalAmp.

As a single-use device, the iOn Xtreme Temperature Tag offers a long-lasting battery and configurable logging rate. It is also shock and vibration resistant. To discover CalAmp’s full portfolio of supply chain visibility sensors, devices, services and software solutions, visit: www.calamp.com/products/supply-chain-management

*Standard thermocouple probes work with the CalAmp iOn Xtreme Temperature Tag.

About Overhaul
Founded in 2016 and headquartered in Austin, Texas, Overhaul is the industry’s first and only holistic, end-to-end solution that optimizes supply-chain visibility, integrity, and security for global enterprises. Its software-based approach offers high configurability and efficient time-to-value to supply-chain organizations without heavy tech. Additionally, Overhaul’s logistics-experts team partners with each client to create a fully customized and comprehensive solution for the entire supply chain. As such, Overhaul has quickly grown to be a trusted provider for Fortune 100 companies moving freight globally across industries, such as pharmaceutical and healthcare, technology, logistics, and food and beverage. Customers include Microsoft, Bristol Myers Squib, Gordon Food Service, and many others. For more information, visit over-haul.com and the Overhaul Blog, and follow them on LinkedIn, Twitter, and Facebook.

About CalAmp
CalAmp (Nasdaq: CAMP) is a connected intelligence company that helps people and businesses work smarter. We partner with transportation and logistics, industrial equipment, government and automotive industries to deliver insights that enable businesses to make the right decisions. Our applications, platforms and smart devices allow them to track, monitor and recover their vital assets with real-time visibility that reduces costs, maximizes productivity and improves safety. Headquartered in Irvine, California, CalAmp has been publicly traded since 1983. We have 22 million products installed and over 1.3 million software and services subscribers worldwide. For more information, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.

CalAmp, LoJack,


TRACKER


,


Here Comes The Bus


,


Bus Guardian


,


iOn Vision


,


CrashBoxx


 and associated logos are among the trademarks of CalAmp and/or its affiliates in the United States, certain other countries and/or the EU. Spireon acquired the LoJack® U.S. Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada. Any other trademarks or trade names mentioned are the property of their respective owners.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/calamp-releases-new-ion-xtreme-temperature-tag-to-monitor-pharmaceutical-and-biological-shipments-301358640.html

SOURCE CalAmp

Youdao Provides Further Update on Regulatory Development

PR Newswire

HANGZHOU, China, Aug. 19, 2021 /PRNewswire/ — Youdao, Inc. (“Youdao” or the “Company”) (NYSE: DAO), a leading intelligent learning company in China, noted that the Beijing Municipality Government and the Beijing Municipal Committee of the Communist Party of China jointly issued the Beijing Municipality’s Measures to Further Reduce the Burden of Homework and After-School Tutoring on Students in Compulsory Education in Beijing (the “Beijing AST Measures”) to implement the requirements set forth in the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education, published in July by the PRC central government (the “Central Government Opinions”). Pursuant to the Beijing AST Measures:

  • No new provider of after-school tutoring services on academic subjects in China’s compulsory education system (“Academic AST”) will be approved, while existing Academic AST providers shall be subject to review and re-registration aimed at reducing their numbers by phases. The remaining Academic AST providers shall all be re-registered as non-profit organizations. The registrations and ICP licenses of disqualified online Academic AST providers will be rescinded.
  • AST providers are strictly prohibited from providing Academic AST during any national holiday, weekend, winter and summer break period, subject to further restrictions over when Academic AST can be offered to students during weekdays.
  • Academic AST providers are prohibited from (i) offering classes over content outside of or in advance of the school curriculum, (ii) offering classes based on any foreign curriculum, (iii) soliciting and recruiting school teachers by offering excessive compensation, or (iv) employing foreign personnel to carry out training activities. Non-Academic AST providers are prohibited from offering any Academic AST classes.
  • Tuition fees for Academic AST shall follow the guidelines from the government to prevent any excessive charging or excessive profit-seeking activities.
  • Academic AST providers are prohibited from financing its operations by way of listing its securities on stock exchanges or other capital market activities. Listed companies may not invest in Academic AST providers through capital market fundraising activities, or acquire assets of Academic AST providers by paying cash or issuing securities. Foreign investment will be prohibited in Academic AST providers through merger and acquisitions, variable interest entities or otherwise.
  • AST advertising shall be subject to enhanced oversight.

The Company is committed to fully complying with the Beijing AST Measures and similar measures to be adopted by other local governments, if any, to implement the requirements of the Central Government Opinions. In compliance with the Beijing AST Measures, the Company has stopped offering Academic AST classes over weekends, national holidays and the current school break period in Beijing. Such measures are expected to have material impacts on its existing K-12 course business. In the first quarter of this year, the revenues from K-12 Academic AST classes over these time periods accounted for less than 50% of the Company’s total revenues. As previously disclosed, the Company will continue to proactively seek guidance from the government authorities in Beijing and other relevant provinces and municipalities in connection with its efforts to comply with the related PRC rules and regulations. 

About Youdao, Inc.

Youdao, Inc. (NYSE: DAO) is a leading intelligent learning company in China dedicated to developing and using technologies to provide learning content, applications and solutions to users of all ages. Building on the popularity of its online knowledge tools such as Youdao Dictionary and Youdao Translation, Youdao now offers online courses covering a wide spectrum of age groups, subject matters, learning goals and areas of interest. In addition, Youdao has developed a variety of interactive learning apps and smart learning devices. Youdao was founded in 2006 as part of NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), a leading internet technology company in China. For more information, please visit: http://ir.youdao.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding such risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Jeffrey Wang

Youdao, Inc.
Tel: +86-10-8255-8163 ext. 89980
E-mail: [email protected]

The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: [email protected]

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

 

Cision View original content:https://www.prnewswire.com/news-releases/youdao-provides-further-update-on-regulatory-development-301358863.html

SOURCE Youdao, Inc.

Adamis Highlights National Institutes of Health (NIH) Article Entitled, “Tempol: A Potential Home Treatment for COVID-19”

NIH Researchers Contend that Tempol can be taken orally and may stop the replication of the virus that causes COVID-19

SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Adamis Pharmaceuticals Corporation (Nasdaq: ADMP) today highlighted that the NIH has identified Tempol as a potential home treatment for COVID-19 (TEMPOL: A Potential Home Treatment for COVID-19 | NIH COVID-19 Research). The NIH news stated that, “This treatment would likely prevent severe disease.” The article went on to describe how Tempol could reduce COVID-19 symptoms by calming inflammation, protecting organs from damage, and decreasing the clumping of platelets. The U.S. Food & Drug Administration (FDA) has given the go-ahead to Adamis Pharmaceuticals to conduct a clinical study using Tempol as an at home treatment to prevent disease progression and thereby releasing the burden of COVID-19 on the healthcare system. Adamis plans to initiate the study shortly.

Dr. Dennis J. Carlo, President and Chief Executive Officer of Adamis, commented: “Tempol’s multiple activities, including antioxidant, anti-inflammatory, and antiviral, suggest that Tempol could be an ideal treatment for COVID-19. It would eliminate the concerns regarding the introduction of new variants. As new variants arise and vaccines become less effective, Tempol’s antiviral and anti-inflammatory effects are independent of the evolving virus. Furthermore, the oral delivery of the drug may be an ideal outpatient treatment, preventing increased healthcare utilization. Tempol’s mode of action makes it an ideal candidate to treat not only COVID-19, but many other types of viral respiratory infections, including influenza and respiratory syncytial virus.”

Adamis has previously licensed exclusive worldwide rights under patents, patent applications and related know-how to use Tempol for the treatment of respiratory diseases including asthma, respiratory syncytial virus, influenza and COVID-19.

About Adamis Pharmaceuticals

Adamis Pharmaceuticals Corporation is a specialty biopharmaceutical company primarily focused on developing and commercializing products in various therapeutic areas, including allergy, opioid overdose, respiratory and inflammatory disease. The Company’s SYMJEPI (epinephrine) Injection products are approved by the FDA for use in the emergency treatment of acute allergic reactions, including anaphylaxis. The Company’s resubmitted New Drug Application (NDA) for its Adamis’ naloxone injection product candidate, ZIMHI, for the treatment of opioid overdose, is currently under FDA review. Adamis is developing additional products, including treatments for acute respiratory diseases, such as COVID-19, influenza, asthma, and COPD. For additional information about Adamis Pharmaceuticals, please visit www.adamispharmaceuticals.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that express plans, anticipation, intent, contingencies, goals, targets or future development and/or otherwise are not statements of historical fact. These statements relate to future events or future results of operations, including, but not limited to the following statements: the opinions and beliefs of NIH researchers summarized in the NIH article discussed in this press release concerning the potential of Tempol as a treatment for COVID-19 and the results of previous studies of Tempol; the Company’s beliefs concerning the safety and effectiveness of Tempol or the Company’s other product candidates; the timing, progress or results of the Company’s Phase 2/3 clinical trial for Tempol or other studies or trials relating to Tempol; funding for clinical trials relating to Tempol and the Company’s ability to receive any government funding relating to clinical development, studies or trials relating to Tempol; the Company’s ability to commercialize the product candidates described in this press release, itself or through commercialization partners; the Company’s beliefs concerning the benefits, enforceability, and extent of intellectual property rights and protection afforded by patents and patent applications that it owns or has licensed; and other statements concerning the Company’s future operations and activities. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, which may cause Adamis’ actual results to be materially different from the results anticipated by such forward-looking statements. There can be no assurances regarding the timing, progress or outcome of trials or studies relating to Tempol, or that Tempol will be found to be safe and effective in the treatment of COVID-19 or any other indication. There are no assurances that the Company will receive any government funding relating to clinical investigations, development or trials relating to Tempol or concerning the timing, amount of, or terms and conditions relating to, any such governmental funding that might be received. In addition, as previously disclosed, each of the Company and its US Compounding Inc. subsidiary has received a subpoena from the U.S. Attorney’s Office for the Southern District of New York issued in connection with a criminal investigation. Accordingly, all forward-looking statements are subject to the outcome of this investigation and any related governmental investigations or proceedings, as well as the related internal investigation being conducted by the Company’s Audit Committee. We cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should not place undue reliance on any forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and except as may be required by applicable law, we undertake no obligation to update or release publicly the results of any revisions to these forward-looking statements or to reflect events or circumstances arising after the date of this press release. Certain of these risks and additional risks, uncertainties, and other factors are described in greater detail in Adamis’ filings from time to time with the SEC, including its annual report on Form 10-K for the year ended December 31, 2020 and subsequent filings with the SEC, which Adamis strongly urges you to read and consider, all of which are available free of charge on the SEC’s web site at http://www.sec.gov.

Contact:

Adamis Investor Relations
Robert Uhl
Managing Director
Westwicke ICR
619.228.5886
[email protected]



WestStar Adopts nCino to Improve Customer Experience

Enforce helps WestStar implement nCino platform to increase speed and simplify loan origination process

WILMINGTON, N.C., Aug. 19, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that $2.5 billion-asset WestStar Bank is now live on the nCino Bank Operating System®. WestStar is utilizing nCino’s Commercial Banking Solution, which provides the bank with a robust, flexible, and highly configurable solution for its employees and commercial clients. WestStar worked with Enforce Consulting to implement nCino’s cloud-based digital platform in a matter of months.

“As a leader in our region for commercial banking, we needed a top of the line, best in class solution that we knew could grow with us and keep up with the pace of change in the industry,” said Raymond Baer, Chief Commercial Banking Officer at WestStar. “nCino has supplied us with efficient, relevant business processes that have supported growth and adaptability to enhance our employee and client experience, and better serve our communities. We’re thrilled to have partnered with nCino and look forward to future integrations across the platform.”

For more than two decades, WestStar Bank has relied on paper intensive, disparate systems to complete work for their commercial clients. Through its unique nCino Delivery Center, Enforce Consulting offered an industry-leading implementation to the community financial institution to support its efforts to transform and digitize its banking practices.

The nCino Bank Operating System is now empowering more than 330 WestStar employees with true insights into the bank through an end-to-end platform that spans business teams and combines customer relationship management, onboarding, loan origination, and instant workflow reporting capabilities to provide WestStar’s clients with a premier experience. Upon realizing nCino’s impact on connecting disjointed systems, creating efficiencies, and supporting the customer journey through any channel, WestStar will be implementing nCino’s Retail Banking Solution with Enforce later this year.

“When we embarked on this implementation process, we wanted to ensure WestStar fully adopted nCino’s best-practice solution. To accomplish this, we needed top-level support to ensure the change was well received by the entire bank,” said Danielle Guille, Executive Vice President at Enforce Consulting. “We were able to leverage our nCino delivery expertise, which enabled us to quickly bring a highly effective, customer-centric solution to deliver an elite user experience for the people and communities WestStar serves.”

“It’s important to us to offer the right combination of high-touch personalized banking expertise and high-tech capabilities,” said Will Cameron, SVP of Community and Regional Banking at nCino. “Clients continue to demand their financial institutions become more innovative and digital-savvy to meet their ever-changing needs. We look forward to our continued work with WestStar to help them achieve the scale and agility they need to stay ahead of the competition in the region.”

About nCino

nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions globally, whose assets range in size from $30 million to more than $2 trillion. For more information, visit: www.ncino.com.

About WestStar

WestStar is a locally owned community bank with assets of more than $2.3 billion. Servicing the El Paso, Las Cruces, and northern Mexico area (collectively known as the Borderplex region), it provides businesses and retail consumers local access to a broad array of banking, wealth management, insurance, and title services. Additionally, WestStar team members serve on over 60 boards and committees of nonprofit and civic organizations and participate in a wide range of community betterment efforts and philanthropic causes. For more information, visit the WestStar website at weststarbank.com.

MEDIA CONTACTS

Sutton Resler, nCino
+1 571.236.4966
[email protected]

Ryan Kelly
+1 732.770.5942
[email protected]

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.



Bath & Body Works, Inc. Launches Tender Offers for 5.625% Senior Notes Due 2023, 9.375% Senior Notes Due 2025 and 6.694% Senior Notes Due 2027

COLUMBUS, Ohio, Aug. 19, 2021 (GLOBE NEWSWIRE) — Bath & Body Works, Inc. (“Bath & Body Works” or the “Company”) (NYSE: BBWI) announced today that it has commenced tender offers (the “Tender Offers”) to purchase for cash its outstanding (i) 5.625% Senior Notes due 2023 (the “2023 Notes”), (ii) 9.375% Senior Notes due 2025 (the “2025 Notes”) and (iii) 6.694% Senior Notes due 2027 (the “2027 Notes” and, together with the 2023 Notes and the 2025 Notes, the “Notes”) up to a maximum aggregate principal amount of Notes of $500 million (the “Maximum Aggregate Amount”), subject to the Sub-Cap (as defined below), the order of priority and proration provisions set forth in the Offer to Purchase described below. The maximum aggregate amount of Notes to be purchased by the company for the 2025 Notes and 2027 Notes is limited to $180 million (the “Sub-Cap”).

The complete terms and conditions of the Tender Offers are set forth in the Offer to Purchase dated August 19, 2021 (the “Offer to Purchase”) that is being sent to holders of the Notes. Capitalized terms used in this press release and not defined herein have the meanings given to them in the Offer to Purchase.

The Tender Offers are commencing today. Subject to the Maximum Aggregate Amount and/or the Sub-Cap, the amount of a series of Notes that is purchased in the Tender Offers will be based on the order of priority (the “Acceptance Priority Level”) for such series of Notes set forth in the table below, with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level, as further described in the Offer to Purchase. It is possible that the company may not accept all Notes tendered under the Tender Offers. If the acceptance of all tenders in the Tender Offers would result in a maximum aggregate amount of Notes that exceeds the Maximum Aggregate Amount, tenders will be subject to proration arrangements as described in the Offer to Purchase.

Certain key terms of the Tender Offers are summarized in the table below:

        Dollars per $1,000 Principal
Amount of Notes



Series of Notes   CUSIP
Number/ISIN
  Aggregate

Principal
Amount

Outstanding ($)
  Acceptance
Priority
Level
  Tender Offer
Consideration


(1)


($)
  Early Tender
Premium


($)
  Total
Consideration


(


1)(2)


($)
5.625% Senior Notes due 2023   501797AJ3 /
US501797AJ37

  $319,685,000   1   $1,052.50   $50.00   $1,102.50
9.375% Senior Notes due 2025   144A:
501797AU8 /
US501797AU81

Reg S:
U51407AD3 /
USU51407AD34

  $500,000,000   2   $1,250.00   $50.00   $1,300.00
6.694% Senior Notes due 2027   501797AQ7 /

144A:
501797AP9

Reg S:
U51407AC5

  $297,405,000   3   $1,140.00   $50.00   $1,190.00

(1) Does not include accrued but unpaid interest, which will also be payable as provided herein.
(2) Includes an Early Tender Premium of $50 for each $1,000 aggregate principal amount of Notes validly tendered prior to the Early Tender Time referred to below (and not validly withdrawn) and accepted for purchase by us.

The consideration for each $1,000 principal amount of Notes validly tendered and accepted for purchase will be determined in the manner described in the Offer to Purchase. As described in the Offer to Purchase, tendered Notes may be withdrawn on or before, 5:00 p.m., New York City time, on September 1, 2021 (unless extended), but may not be withdrawn thereafter, except in limited circumstances required by law. The Tender Offers will expire at 11:59 p.m., New York City time, at the end of the day on September 16, 2021, unless extended (such date and time, as the same may be extended, the “Expiration Date”) or earlier terminated by us. In order to receive the applicable Total Consideration, holders of Notes must validly tender and not validly withdraw their Notes on or before the Early Tender Time, which is 5:00 p.m., New York City time, on September 1, 2021, unless extended. Subject to the terms and conditions of the Tender Offers, (i) the date of purchase for Notes validly tendered on or before the Early Tender Time and accepted for purchase is currently expected to be September 3, 2021 (the “Early Settlement Date”) and the date of purchase for Notes validly tendered on or before the Expiration Date and accepted for purchase (other than Notes purchased on the Early Settlement Date) is currently expected to be September 20, 2021 (the “Settlement Date”). All Holders of Notes accepted for purchase pursuant to the Tender Offers will also receive the accrued and unpaid interest applicable to such Notes from the last interest payment date until, but not including, the Early Settlement Date or Settlement Date, as applicable.

The company expressly reserves the right for any reason, subject to applicable law, to extend, abandon, terminate or amend the Tender Offers. The Tender Offers are not conditioned on the tender of any minimum principal amount of Notes or the consummation of any other Tender Offer.

Copies of the Offer to Purchase may be obtained from the information agent, Global Bondholder Services Corporation, by calling (212) 430-3774 (banks and brokers) or (866) 470-2200 (all others) or by email to [email protected] or from the lead dealer manager for the Tender Offers: Citigroup Global Markets Inc., by calling collect at (212) 723-6106 or toll free at (800) 558-3745.

This press release shall not constitute an offer to purchase or a solicitation of an offer to sell with respect to any securities. Any offer or solicitation with respect to the Tender Offers will be made only by means of the Offer to Purchase, and the information in this press release is qualified by reference to the Offer to Purchase. The Tender Offers are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.


ABOUT BATH & BODY WORKS:

Bath & Body Works is one of the world’s leading specialty retailers and home to America’s Favorite Fragrances® offering a breadth of exclusive fragrances for the body and home, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. For more than 30 years, customers have looked to Bath & Body Works for quality, on-trend products and the newest, freshest fragrances. Today, these fragrant products can be purchased at more than 1,750 company-operated Bath & Body Works locations in the U.S. and Canada, and more than 300 international franchised locations, as well as on bathandbodyworks.com.


Forward-Looking Statements

We caution that any forward-looking statements contained in this press release or made by our Company or our management involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “planned,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or otherwise made by our company or our management:

  • the spin-off of Victoria’s Secret may not be tax-free for U.S. federal income tax purposes;
  • a loss of synergies from separating the businesses that could negatively impact the balance sheet, profit margins or earnings of Bath & Body Works or that Bath & Body Works does not realize all of the expected benefits of the spin-off;
  • general economic conditions, consumer confidence, consumer spending patterns and market disruptions including pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, financial crises, political crises or other major events, or the prospect of these events;
  • the novel coronavirus (COVID-19) global pandemic has had and is expected to continue to have an adverse effect on our business and results of operations;
  • the seasonality of our business;
  • divestitures or other dispositions and related operations and contingent liabilities from businesses that we have divested;
  • difficulties arising from turnover in company leadership or other key positions;
  • our ability to attract, develop and retain qualified associates and manage labor-related costs;
  • the dependence on mall traffic and the availability of suitable store locations on appropriate terms;
  • our ability to grow through new store openings and existing store remodels and expansions;
  • our ability to successfully operate and expand internationally and related risks;
  • our independent franchise, license and wholesale partners;
  • our direct channel businesses;
  • our ability to protect our reputation and our brand images;
  • our ability to attract customers with marketing, advertising and promotional programs;
  • our ability to maintain, enforce and protect our trade names, trademarks and patents;
  • the highly competitive nature of the retail industry and the segments in which we operate;
  • consumer acceptance of our products and our ability to manage the life cycle of our brands, keep up with fashion trends, develop new merchandise and launch new product lines successfully;
  • our ability to source, distribute and sell goods and materials on a global basis, including risks related to:
    • political instability, environmental hazards or natural disasters;
    • significant health hazards or pandemics, which could result in closed factories, reduced workforces, scarcity of raw materials, and scrutiny or embargoing of goods produced in infected areas;
    • duties, taxes and other charges;
    • legal and regulatory matters;
    • volatility in currency exchange rates;
    • local business practices and political issues;
    • potential delays or disruptions in shipping and transportation and related pricing impacts;
    • disruption due to labor disputes; and
    • changing expectations regarding product safety due to new legislation;
  • our geographic concentration of vendor and distribution facilities in central Ohio;
  • fluctuations in foreign currency exchange rates;
  • the ability of our vendors to deliver products in a timely manner, meet quality standards and comply with applicable laws and regulations;
  • fluctuations in product input costs;
  • our ability to adequately protect our assets from loss and theft;
  • fluctuations in energy costs;
  • increases in the costs of mailing, paper, printing or other order fulfillment logistics;
  • claims arising from our self-insurance
  • our and our third-party service providers’ ability to implement and maintain information technology systems and to protect associated data;
  • our ability to maintain the security of customer, associate, third-party and company information;
  • stock price volatility;
  • our ability to pay dividends and related effects;
  • shareholder activism matters;
  • our ability to maintain our credit rating;
  • our ability to service or refinance our debt and maintain compliance with our restrictive covenants;
  • our ability to comply with laws, regulations and technology platform rules or other obligations related to data privacy and security;
  • our ability to comply with regulatory requirements;
  • legal and compliance matters; and
  • tax, trade and other regulatory matters.

We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized.

For further information, please contact:

Bath & Body Works:

Investor Relations
Amie Preston
[email protected]
Media Relations
[email protected]