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International Business

  • H&M feels pinch of strong dollar but keeps expanding

    New York -- Swedish fast-fashion giant H&M isn’t letting the strong U.S. dollar hurt its expansion plans.

    The chain plans to open about 400 new stores in 2015-2016. It is expanding into five new markets: Taiwan, Peru, Macau, South Africa and India. Other plans include the launch of H&M Beauty this July, starting in about 900 stores and online. The company also hinted at the development of a mysterious new brand.

  • Aeropostale prepares for landing in India, Indonesia

    New York – Aeropostale Inc. is expanding in Asia through new licensing agreements in India and Indonesia. The company plans to open stores in India through a licensing agreement with Arvind Lifestyle Brands Ltd., and in Indonesia through a licensing agreement with PT Mitra Adiperkasa TBK (MAP).

  • P&G veteran joins QVC finance team

    QVC has named a Procter & Gamble veteran as its next business planning and analysis chief, as the company looks tomaximize efficiencies and organizational synergy.

  • American Girl says ‘hola’ to Mexico

    Middleton, Wis. - American Girl is expanding south of the boarder.

    The brand will make its debut in Mexico, opening in-store boutiques in department store El Palacio de Hierro’s locations in Interlomas and Perisur. The in-store shops, ranging in size from 1,500 sq. ft. to 2,000 sq. ft., open July 4.

    Mexico marks the second international retail presence for American Girl, which opened its first Canadian store in October 2013.

  • P&G veteran joins QVC finance team

    QVC has named a Procter & Gamble veteran as its next business planning and analysis chief, as the company looks to maximize efficiencies and organizational synergy.

  • PayPal is in the money with new acquisition

    San Jose, Calif. – PayPal Inc. is getting itself “in the money” with a major acquisition as the company prepares for its impending July 17 split from eBay Inc.

    PayPal will purchase digital money transfer service Xoom Corp. for $25 per share in cash, or about $890 million.

  • Lidl goes a long way in North Carolina

    German grocer Lidl has made its entry into the U.S. market official by selecting a regional headquarters and distribution hub in the South.

  • And the top state for business is…

    New York -- The top state for business is a high-tax, high-wage, union-friendly, cold-climate state, according to an annual ranking by CNBC.
     

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