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International Business

  • Survey: Credit-card fraud up in United States

    New York City -- One-third (29% ) of consumers across eight major economies have been victims of credit-card fraud in the past five years, according to the 2010 Global Card Fraud Survey by ACI Worldwide, an international provider of payment systems.

  • Gap adds expands online presence in Europe

    SAN FRANCISCO -- Gap said that it has expanded its Gap and Banana Republic online presence to eight additional European countries through its dedicated European e-commerce sites.

    Gap debuted the dedicated sites in the United Kingdom in August 2010 and then expanded to include nine additional European countries in October 2010. The newest announcement brings the total reach of it European e-commerce business to 18 countries.

  • Irwin Tools appoints new president

    Irwin Tools, a leading maker of hand tools and power tool accessories based in Huntersville, N.C., has named Ross Porter as its new president. Porter has held a variety of positions during his 18 years at Newell Rubbermaid, Irwin’s parent company. He most recently served as president of EMEA Transformation, where Porter led the company’s European transformation efforts, including implementation of a new European business model, integration and implementation of SAP enterprise system, and relocation of its European headquarters.

  • Massage Envy to expand in Pittsburgh area

    Scottsdale, Ariz. -- Massage Envy announced Thursday the signing of a multi-unit Regional Developer agreement with Sol Glastein for the development of 11 new centers in Pittsburgh, Western Pennsylvania and Morgantown, W.V.

    Glastein has been a Massage Envy franchisee since 2006 and currently operates two centers in New Jersey.

    In 2010, Massage Envy opened 43 locations, bringing the total number of locations to more than 650 units operating in 43 states.
     

  • 7 For All Mankind to open stores in Canada

    Los Angeles -- 7 For All Mankind announced it will open its first fully owned store in Canada in March, at Chinook Centre in Calgary.

    The company said it plans to open two to three stores annually in Canada during the next four to five years.

  • Gap adds eight more European countries to online presence

    San Francisco -- Gap said Wednesday that it has expanded its Gap and Banana Republic online presence to eight additional European countries through its dedicated European e-commerce sites.

    Gap debuted the dedicated sites in the United Kingdom in August 2010 and then expanded to include nine additional European countries in October 2010. The newest announcement brings the total reach of it European e-commerce business to 18 countries.

  • Report: Wal-Mart in talks to partner with Indonesia's Matahari

    Jakarta/Singapore -- Wal-Mart Stores is in talks to become a partner of Indonesian retailer PT Matahari Putra Prima to develop its hypermarts, according to Reuters.

    South Korea's Lotte Shopping Co. has withdrawn from talks for a deal with Matahari, the report said. Matahari last month said it will seek a “global partner” to develop its hypermart business.

  • McDonald's January global same-store sales up 5.3%

    Oak Brook, Ill. -- McDonald's Corp. reported Tuesday that global same-store sales increased 5.3% in January, comprised of a 3.1% rise in the United States, a 7% increase in Europe and a 5.2% increase in Asia/Pacific, Middle East and Africa.

    Systemwide sales increased 7.4%, or 6.7% in constant currencies, for the month.
     

  • Liz Claiborne names Juicy Couture CEO as business development exec

    NEW YORK --Liz Claiborne said Friday that Edgar Huber, CEO of Juicy Couture, will be assuming a new position as executive VP global business development for Liz Claiborne, effective Feb. 14.

    The company said Huber will continue to report to William L. McComb, CEO, Liz Claiborne.

    LeAnn Nealz, president and chief creative officer, and John DeFalco, CFO and COO, will jointly manage the Juicy Couture business while the leadership structure for the brand going forward is determined, according to McComb.

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