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International Business

  • Nike exec steps into new role

    Nike has promoted Scott LeClair, currently the brand’s VP and GM of Nike Skate and Nike Snow, to the position of VP of action sports. He will be responsible for leading the category as well as for Hurley International.

    He replaces Nike veteran Roger Wyett, who has decided to retire according to the company.

  • Starbucks wants to hire 10K vets, active duty spouses

    Seattle – Starbucks says it will develop a comprehensive hiring platform for veterans and active duty spouses in response to record growth and in anticipation of a 500,000-person future global workforce. This multi-year hiring and career development strategy will focus on establishing an internal infrastructure dedicated to matching the transferable skill sets of veterans and military spouses with the specific talent needed across the Starbucks enterprise.

  • WinCo announces stores in Idaho and California

    Boise, Idaho — WinCo Foods has announced that it will open two new discount supermarkets on November 7. The stores are located in Coeur D’Alene, Idaho and in Norco, Calif. and span 75,000 sq. ft. and 65,000 sq. ft. respectively.

  • Togo’s announces nine franchise agreements in California

    San Jose, Calif. — Togo’s Eateries has announced signed development agreements with new and existing franchisees to open nine new restaurants in markets across California. The company will open two restaurants in downtown Los Angeles, two in midtown and downtown Sacramento, and single units in San Jose, Santa Cruz, Riverbank, El Centro and Petaluma.

  • Abercrombie & Fitch reports weak Q3 sales; will close Gilly Hicks stores

    New Albany, Ohio -- Abercrombie & Fitch reported weak net and comparable store sales and laid out plans to restructure its Gilly Hicks brand as part of a strategic review in advance of releasing its full results for the third quarter of fiscal 2013.

  • Nespresso opens in-store shop at Macy’s Herald Square

    New York – Nespresso is opening an in-store “Boutique-in-Shop” at the Macy's Herald Square on 34th Street in New York City. Nespresso coffee specialists will be present to offer demonstrations of Nespresso machines and guide customers through the profiles of the 21 Grand Cru coffees.

    This is the second Nespresso Boutique-in-Shop within a Macy's store.

  • Private equity firm Brentwood Associates to acquire Allen Edmonds

    Port Washington, Wis. -- Upscale men’s shoemaker Allen Edmonds Corp. has agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles based private equity firm. Terms of the transaction weren't immediately disclosed.

    Brentwood will take over the company from Minneapolis-based Goldner Hawn Johnson & Morrison, which bought Allen Edmonds in 2006.

  • Weak retail climate dims LeapFrog’s holiday view

    LeapFrog Enterprises is rolling into the holiday with its strongest product lineup ever but concerns about consumer spending have the leading educational entertainment company tempering its view of fourth quarter sales.

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