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International Business

  • Holland & Holland debuts U.S. e-commerce site

    New York -- British lifestyle brand Holland & Holland is launching its U.S. e-commerce site today. This interactive e-commerce site will allow Holland & Holland clothing, fashion accessories, gifts and shooting accoutrement to be available for purchase for the first time nationwide.

  • Simon receives sustainability recognition

    Indianapolis — Simon Property Group has received recognition for its sustainable efforts.

    First, SPG has been named to the 2013 CDP Global 500 Climate Disclosure Leadership Index (CDLI). The annual index highlights FTSE Global 500 companies that demonstrate leadership through disclosure of information regarding climate change and score within the top 10% of the five hundred companies assessed. This is SPG’s fifth CDLI award and its third due to top score on disclosure of green house gas emissions and energy use.

  • Parent company of Bi-Lo, Winn Dixie going public

    Southeastern Grocers, parent company of Bi-Lo and Winn-Dixie supermarkets, has filed a registration statement on a proposed initial public offering.  

    The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

    Citigroup, Credit Suisse and Deutsche Bank Securities will act as representatives of the underwriters for the offering, and, together with William Blair and Wells Fargo Securities, will act as joint book-running managers for the offering. 

  • Big Lots joins big board

    Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

    NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.

  • Columbia Sportswear appoints new SVP, Europe

    Columbia Sportswear Company, a leading manufacturer of active outdoor apparel, footwear, accessories and equipment, has appointed Franco Fogliato as SVP of Europe, reporting directly to president and CEO Tim Boyle, effective Nov. 4.

    Fogliato will be responsible for establishing and executing sales, distribution and marketing strategies for the company’s Columbia Sportswear, Mountain Hardwear and Sorel brands, sold through more than 5,000 wholesale customers across Europe.

  • Krispy Kreme to open 25 stores in Colombia

    Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation has signed its first development agreement in South America with Bogota-based IRCC Ltda., a subsidiary of the VA! Group. Under the agreement, IRCC expects to develop 25 stores in major cities throughout Colombia, including Bogota, Medellin and Barranquilla, during the next five years.

  • AutoZone same-store sales lower than expected

    Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share. 

    Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year. 

  • Big Lots board joins NACD

    Columbus, Ohio – Big Lots, Inc. has joined the National Association of Corporate Directors (NACD) as full board members.

    "We are honored to join the distinguished and diverse group of directors who comprise NACD's full board members," said Philip E. Mallott, chairman of the board at Big Lots. "The resources, insights, and connections NACD offers will be valuable assets to our company as we continue to strengthen our corporate governance practices."

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