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International Business

  • Uniqlo launches Djokovic-inspired tennis line

    NEW YORK — Uniqlo has introduced a new tennis line modeled after the performance apparel worn by top-ranked male professional tennis playe, Novak Djokovic. The line will launch in the United States on Aug. 27 and in other markets around the world at a later date, details of which will be announced in due course.

  • Williams-Sonoma Q2 profit up 10%; to open four stores in Australia

    San Francisco -- Williams-Sonoma Inc. said its second-quarter net income rose 10%, fueled by double-digit sales growth at its Pottery Barn and West Elm stores. The results beat analysts’ expectations and the company also raised its profit and sales predictions for the full year.

    For the quarter ended July 29, Williams-Sonoma earned $43.4 million, up from $39.3 million in the same period last year.

  • Report: Rona dealers critical of Lowe’s offer

    New York -- A group of Rona Inc.'s dealers on Wednesday released an open letter on Wednesday that criticized the proposed takeover of the Canadian home-improvement retailer and distributor by Lowe’s Cos., Reuters reported.

    The letter, which was addressed to Lowe's CEO Robert Niblock, was signed by merchants that operate 164 affiliate or franchise Rona stores.

  • Express slashes outlook despite Q2 income growth

    COLUMBUS, Ohio — Express Inc. reported a 25% increase in net income for the second quarter. But the retailer slashed its profit outlook for the year and said that same-store sales barely rose last quarter and that it expects about the same for the rest of the year.

    Express earned $15.8 million for the quarter ended July 28, better than analysts expected, compared with $12.6 million in the year-ago period.

    Revenue increased 2% to $454.9 million, short of the $467 million analysts had expected. Same-store sales inched up 1%.

  • Williams-Sonoma says 'g'day' to international expansion in Australia

    SAN FRANCISCO — Williams-Sonoma is betting it can replicate its highly successful formula internationally, with the opening of new stores in Sydney, Australia.

  • Reebok Fit Hub makes U.S. debut

    New York -- Reebok has opened its first Reebok Fit Hub in the United States, on Fifth Avenue at 37th Street in Manhattan.

    The 2,500-sq.-ft. store is located on the top of a Reebok CrossFit Box gym, which is on the street level. It sells a wide range of fitness apparel and footwear for men and women. Customers can also get fitness advice from in-store experts.

    Designed by Reebok’s global environmental design division and Ziba, Portland, Ore., Fit Hut has a raw, industrial look, with an exposed ceiling.

  • Neiman Marcus names head of human resources

    DALLAS — Karen Katz, president and CEO of The Neiman Marcus Group, announced that Joseph Weber will be joining the company Sept. 4, as SVP, chief human resources officer.  Weber will be responsible for all areas of human resources and loss prevention including associate relations, learning and development, recruitment, compensation, internal communications and benefits.

  • Neiman Marcus names human resource chief

    Dallas -- Neiman Marcus Group said Tuesday it has named Joseph Weber as senior VP and chief human resources officer, effective Sept. 4.

    Weber joins the retailer from Bank of America Corp., where he was most recently head of human resources EMEA, Latin America and Canada. 

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