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International Business

  • Fresh & Easy acquired by Yucaipa; store closures on tap

    Los Angeles -- Grocery chain Fresh & Easy confirmed reports that its British parent Tesco LLC has sold the brand to private equity firm The Yucaipa Cos., following months of uncertainty about the 200+-unit chain’s future.

    Fresh & Easy posted on its website Tuesday that more than 4,000 jobs would be saved under the purchase agreement but that some stores will be closing.  Specific stores have not been identified, and the terms of the agreement weren’t disclosed.

  • Krispy Kreme readies first Moscow store

    Winston-Salem, N.C. - In collaboration with Russian restaurateur and franchise partner Arkady Novikov, owner and operator of LLC Doughnuts Cafe, the first Krispy Kreme doughnut shop in Moscow is scheduled to open on Sept. 12.

  • A Golden Week at Westfield San Francisco Centre

    Westfield San Francisco Centre has embraced the National Day Golden Week holiday that runs from Oct. 1- Oct. 7 every year — in China.

    During Golden Week, more than 120 million residents of the People’s Republic of China travel to visit family and friends in the People’s Republic and overseas. Large numbers visit San Francisco, home of the largest Chinatown outside of Asia.

  • Wal-Mart exec appointed to World Affairs Council board

    Fumbi Chima, Walmart VP of global technology services and strategic partnerships, has been elected to the World Affairs Council-Washington, D.C., board of directors.

    Chima is responsible for Walmart’s vendor management office, project management office and its global technology services office in India, as well as the IT asset management team.

  • Transwestern brings on new managing director

    Los Angeles — David K. Henry will join Transwestern as a Los Angeles-based managing director. He will lead the West Coast Tenant Advisory Services group and serve occupier clients with locations throughout the U.S. along with the tenant advisory group’s international alliance with Paris-based BNP Paribas Real Estate. Henry will also join the firm’s National Tenant Advisory Steering Committee.

  • Gordon Brothers Group forms GB Energy Partners

    Boston -- Restructuring and investment firm Gordon Brothers Group has acquired oil and gas appraisal company Appraisal Systems, and will use the acquisition to propel the launch of GB Energy Partners.
     
    GB Energy Partners combines the energy expertise of Gordon Brothers Group, Emerald Technology Valuations and ASI into one comprehensive appraisal and disposition platform.

  • Tiffany names new design director

    New York - Tiffany has appointed Francesca Amfitheatrof as design director effective immediately. She will oversee design of all Tiffany product categories.

    Amfitheatrof’s background is as a jewelry designer and silversmith. Her designs have been sold internationally, including at the Museum of Modern Art in New York and Colette in Paris.

     

  • Stuart Weitzman promotes vice chair to CEO; plans new stores

     New York - Wayne Kulkin, former vice chairman of Stuart Weitzman, has been appointed CEO of the company, effective immediately. Kulkin will continue to report to Stuart Weitzman, executive chairman of Stuart Weitzman.

    "Wayne has been a true partner over the last 23 years,” said Weitzman. “His passion, creativity and business acumen have been essential in driving our growth across diverse channels, and I am confident that Wayne will be equally instrumental in his new role as CEO.”

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