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International Business

  • Starbucks in agreement with ICA Sweden to open stores in Sweden

    New York -- ICA Sweden has signed a licensing agreement with Starbucks Coffee Company to open Starbucks retail stores in the grocery store channel in Sweden. The cafés will be operated by ICA according to the Starbucks licensing concept and under the Starbucks brand.

    Initially, the plan is to open three Starbucks retail stores during 2015. These will then be evaluated before a decision is made on the possible establishment of more cafés.

  • Dick’s Sporting Goods’ president and COO stepping down at year-end; merchandise VP also resigns

    New York -- The hunt is on for a new president and COO at Dick's Sporting Goods. Dick’s disclosed in a regulatory filing that Joseph Schmidt is retiring as president and COO of the retailer, a role he has held since 2009, at year-end. In other changes, John Duken, executive VP of global merchandising since 2012, plans to retire, effective at the end of November.

  • DDR Corp. CEO to leave at end of 2015

    Leading shopping center owner and operator DDR Corp. announced that CEO Daniel B. Hurwitz and the board of directors have decided not to renew his employment agreement, which expires December 31, 2015. It is anticipated that Hurwitz will remain CEO through 2015 to ensure a smooth leadership transition.

  • Neiman Marcus Group to acquire German online retailer, flagship store

    Dallas -- Neiman Marcus Group has signed an agreement to acquire the German luxury fashion e-commerce site  Mytheresa.com and Theresa, its flagship Munich store from Christoph and Susanne Botschen and Acton Capital Partners. The transaction is expected to close later this year.

  • La-Z-Boy taps VP, strategy and analytics

    La-Z-Boy has appointed Aaron Thomas Brown as VP, strategy and analytics, a newly created position. Brown will report to Kurt Darrow, La-Z-Boy's chairman, president and CEO, and will spearhead strategic planning across the enterprise.

  • GameStop to exit Spanish market

    Grapevine, Texas – GameStop Corp. plans to exit the Spanish market by selling some stores there to U.K.-based video game retailer Game Digital plc, and closing the remaining locations. Under the terms of this proposed agreement, GameStop will transfer ownership of a portfolio of GameStop stores located in Spain with the remaining retail sites winding down in 2014.

    GameStop will work closely with Game to ensure a smooth transition and continued support for all of GameStop’s customers in Spain.

  • Wolverine Worldwide strengthens leadership team

    Wolverine Worldwide is looking to bolster its brand leadership and management team. To that end, the company has promoted Rick Blackshaw to president, Sperry Top-Sider, and Chris Lindner to president, Keds.

    Blackshaw served most recently as president of Keds, where he is credited with leading the brand to a global resurgence with a focused consumer-centric business strategy, outstanding product and compelling marketing. Blackshaw came to Keds from Converse, where he was the VP and GM of the Chuck Taylor footwear business.    

  • Michael Kors taps former S.C. Johnson exec as SVP, chief human resources officer

    Global luxury lifestyle brand Michael Kors has named Pascale Meyran as SVP, chief human resources officer, a newly created position. She will report to John D. Idol, the company’s chairman and CEO.

    Meyran will oversee the creation of a best in class global human resources department, with a focus on a robust learning and talent development program.

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