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International Business

  • Revlon appoints new CEO

    Revlon has appointed former Colomer Group executive Lorenzo Delpani as the company’s president and CEO.

    Delpani replaces David Kennedy, who served briefly as Revlon’s interim CEO since the recent departure of CEO Alan Ennis, who left the company to “pursue other interests.” Kennedy will continue to serve as Revlon’s vice chairman.

  • Toms deploys Oracle Commerce platform

    Redwood Shores, Calif. – Toms — the company that gives a pair of its shoes or provides eye care to a person in need for every corresponding purchase — has deployed the Oracle Commerce platform to support its rapid business growth and international expansion.

  • Jones Group beats Street as net income soars in Q3

    New York – The Jones Group Inc’s net income rose a better-than-expected 67% in the third quarter, increasing to $28.3 million from $17.8 million.

    However, revenues in the quarter ended Oct. 5 fell about 1%, to $1.02 billion from $1.03 billion.

  • Lifestyle/Trimco/Viaggio merges with Almax to form Global Visual Group

    Brooklyn, N.Y. -- Lifestyle/Trimco/Viaggio, the Brooklyn, N.Y.-based manufacturer of mannequins, forms, specialty fixtures, fabric applications, seasonal trim and holiday décor, has merged with Almax, the world-renowned mannequin company based in Italy.
     
    The new company, Global Visual Group, will make its debut at A.R.E.’s Retail Design Collective, which will be in New York City, December 4-6, 2013.   

  • Starbucks Q4 profit up 34%; 1,500 net new stores on tap

    Seattle -- Starbucks Coffee Company on Wednesday reported a better-then-expected 34% rise in its fiscal fourth-quarter and raised its quarterly dividend 24%. The company earned $481.1 million, up from $359 million a year ago.

    Total net revenues increased 13% to $3.8 billion, just short of expectations.

    Global same-store sales increased 7%, driven by a 5% increase in traffic. Same-store sales were up 8% in the United States and the Americas and 8% in China/Asia Pacific region.

  • Sears conducting wide-ranging strategic view of business

    Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

  • Fortune Brands adds former Goodyear exec to leadership team

    Fortune Brands Home & Security, a leading home and security products company, has named Jason Baab as VP of mergers and acquisitions. His role will support the company’s growth strategy that includes expanding its portfolio.

    The company also promoted Elif Sagsen-Ercel to VP of strategy. Baab and Sagsen-Ercel will report to Chuck Elias who was elected by FBHS earlier this year as SVP of strategy and corporate development.

  • Pet supply company OurPet’s sees record third quarter results

    OurPet's Company, a leading proprietary pet supply company, saw sales in its grocery, mass retail and pet specialty channels grow substantially in the third quarter ended Sept. 30, compared to the same period last year.

    The company’s sales were also complemented by higher international sales, which were up more than 42% from the same quarter a year ago.

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