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International Business

  • Toys’R’Us appoints SVP, corporate finance

    Toys“R”Us has appointed Chetan Bhandari as the company’s SVP, corporate finance and treasurer. He will report to EVP and CFO Mike Short.

  • Bendon paints brighter future with upmarket deal

    Juvenile products manufacturer Bendon, Inc., has entered the premium craft market following a recent acquisition that also creates the potential for expanded distribution.

  • Walgreens acquires remainder of Alliance Boots

    Walgreens has exercised its option to complete the second step of its strategic transaction with Alliance Boots ahead of the original option period, which was between February and August 2015. The transaction, subject to shareholder and various regulatory approvals, would fully combine the two companies to form the first global pharmacy-led, health and well-being enterprise.
     

  • Former president of ESPN joins Under Armour board

    Baltimore -- Under Armour announced that George W. Bodenheimer, former president of sports network and entertainment company ESPN has joined the company's board of directors.  

    Bodenheimer is an ESPN and cable industry pioneer, having served as the company's longest-tenured President from 1998 to 2012, during which time he led an unprecedented period of global growth. He most recently served as executive chairman of ESPN, before retiring from the company in May 2014.

     

  • Despite Q3 declines, Scotts gathers momentum

    Scotts Miracle-Gro reported declines in sales and income for the third quarter of 2014, but pointed to momentum that may place the company at the top end of its guidance for the year.

  • Former ESPN head joins Under Armour board

    Under Armour’s newest board member is former ESPN president George Bondenheimer.
     
    "We are excited to have George Bodenheimer joining our board," Under Armour CEO and chairman Kevin Plank said "His pioneering vision and his experience building and leading a global sports media brand will bring important perspective and expertise to our company as we continue to expand the UA brand globally."
     

  • Facebook, RB partner for direct-to-consumer sales

    Parsippany, N.J. - Facebook and RB, a provider of health and hygiene products, have entered into a multi-year, nine-figure global partnership. The two companies have committed to integrating members of their global sales, marketing and creative teams to connect RB brands like Lysol, Mucinex, MegaRed and Air Wick with consumers on Facebook.

  • Michael Kors Q1 sales, profit soar

    New York -- Michael Kors Holdings Ltd’s first-quarter net income surged 50% amid strong sales overseas. The luxury retailer earned a better-than-expected $187.7 million for the three months ended June 28, up from $125 million from a year ago.

    Net sales jumped 44% to $887 million. Total revenue — which includes licensing revenue — climbed 43% to $919.2 million. Global same-store sales for the quarter rose 24.2%.

  • Walgreens names Krafts Foods exec as CFO

    Deerfield, Ill. — Walgreens on Monday named Timothy McLevish as Walgreens executive VP and CFO, effective immediately. He will lead all of Walgreens' finance functions as the company prepares to move forward with the proposed second step of its strategic partnership with Alliance Boots.
     

  • Walgreens taps Kraft Foods veteran Timothy McLevish as EVP, CFO

    Walgreens has appointed Timothy McLevish as Walgreens EVP and CFO. He will report to president and CEO Greg Wasson, and lead all of Walgreens’ finance functions as the company prepares to move forward with the proposed second step of its strategic partnership with Alliance Boots.
     

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