International Business

The global data management organization known as 1WorldSync named Gary Lo as its new CFO.

Lo spent the past 15 years in finance roles at Johnson & Johnson and other leading companies. At 1WorldSync he will be responsible for global finance, accounting, treasury, internal controls and legal functions.

Rockford, Mich. -- Wolverine Worldwide said Tuesday it will make several organizational moves to drive future growth and global brand building in the wake of its October 2012 acquisition of the Performance & Lifestyle Group.

ROCKFORD — Wolverine Worldwide is making organizational changes to drive its future growth and global brand building.

Capitalizing on the momentum following Wolverine’s October 2012 acquisition of the Performance & Lifestyle Group, it will migrate from four to three brand operating groups. Wolverine expects the new operating group alignment to maximize brand synergies and leverage global growth opportunities. Veteran company leaders Ted Gedra, Mark Neal and Jim Zwiers will lead the new operating groups.

Redwood Shores, Calif. -- American Apparel, which launched a new Oracle e-commerce platform in the fall, has continued to deliver an increase in e-commerce sales, with a more than 38% increase over the same period last year. December 2012 sales increased more than 59% over December 2011, with December coming in as the highest sales month in the history of the company’s online business.

New York -- Office Depot announced that Kevin Peters had resigned from his role as president of the retailer’s North American division, effective immediately.

New York -- Douglas Elliman's Retail Group said Monday it has arranged a lease at 55 Spring Street, between Lafayette and Mulberry Streets, for Eight Turn Crepe, a Japanese-based restaurant chain.

The opening marks the quick-serve chain’s U.S. debut.
 
The space was previously occupied by Choco Bolo.

Office Depot on Friday announced that Kevin Peters had resigned from his role as president of the retailer’s North American division effective immediately.

Office Depot said Peters was leaving the company after five years to become CEO of an unidentified industrial distribution company.

Beachwood, Ohio -- DDR Corp. announced that senior executive VP and CFO David J. Oakes has been named president of the company, effective Jan. 1.
 
Oakes will remain CFO, and will continue to report to CEO Daniel B. Hurwitz.
 
Oakes joined DDR as executive VP of finance and chief investment officer in April 2007. He was promoted to senior EVP finance and chief investment officer in December 2008, and CFO in February 2010.