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International Business

  • Amerlux opens facility in China

    Fairfield, N.J. -- Amerlux Global Lighting Solutions recently celebrated the grand opening of Guangzhou Amerlux Lighting Solutions Co. Ltd., its new facility in China, as well as a Hong Kong sales office. The Guangzhou location was officially launched on Feb. 15 with an elaborate traditional Chinese ceremony.

  • Fitch opens office in Beijing

    New York City -- Global design consultancy Fitch today announced the opening of its first office in China. The new office will service Fitch’s existing clients such as Nokia and Dell, as well as new clients in the buoyant Chinese market.

    Ian Bellhouse, managing director for SE Asia & Greater China, Fitch, will lead the new operations.

  • Pine Tree Commercial Realty names exec

    Northbrook, Ill. -- Pine Tree Commercial Realty said that it has appointed Thomas Seurynck as VP acquisitions and due diligence.

    Seurynck was previously a senior investment associate and credit/underwriting manager for Wrightwood Capital in Illinois.
     

  • Hasbro names VP global publishing

    PAWTUCKET, R.I. -- Hasbro announced that it has appointed Margie Chan-Yip to serve as VP global publishing. In her new role, Chan-Yip will be responsible for creating new and innovative ways to bring Hasbro brand stories to consumers worldwide, from traditional print to e-book formats.

  • Guess Q4 profit up 19%

    Los Angeles -- Guess said Wednesday that its fourth-quarter net income rose 19% on a boost in sales in Europe, Asia and North America.

    Guess said it earned $103.3 million, compared with profit of $86.6 million, or 93 cents per share, during the same period a year prior.

    Revenue rose 18% to $756.9 million from $642 million. The results beat the expectations of analysts.

  • Jones Lang LaSalle donates $1.25 million to Red Cross to aid Japan

    Chicago -- Jones Lang LaSalle today Thursday that the firm is donating $1.25 million to the Japanese Red Cross to provide aid and relief following the Japan earthquake and Pacific Tsunami that have left a path of destruction in their wake.

  • Golden Gate to sell majority stake in J.Jill to Arcapita Bank

    New York City -- Private equity firm Golden Gate Capital Corp. agreed to sell a majority stake in J. Jill to Arcapita Bank BSC, a Bahrain-based investment bank, less than two years after buying the company. Terms of the agreement were not disclosed.

    Golden Gate will remain a minority shareholder in the company. J. Jill President and CEO Paula Bennett will continue to lead the chain.

    Golden Gate bought J. Jill in June 2009 from The Talbots for about $75 million.
     

  • Stone Market makes U.S. retail debut

    Hollywood, Calif. -- International gem designer, manufacturer and retailer, Stone Market has opened its first U.S. location, at Hollywood & Highland Center, Hollywood, Calif.

    The 319-sq.-ft. shop offers a collection of stylish jewelry, featuring gem and natural stones and silver accessories. Stone Market operates more than 100 retail outlets in Japan.

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