International Business

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.

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South Korea's Lotte Shopping Co. has withdrawn from talks for a deal with Matahari, the report said.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.

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.
 

New York City -- Crate and Barrel, along with Finnish textile and design company Marimekko, said Friday they are extending their longtime collaboration to roll out more than 20 shop-in-shops in Crate and Barrel stores across the United States and Canada over the next three years.

The launch kicks off this spring with four new shop-in-shop locations: New York (Madison Avenue), Chicago, Los Angeles and San Francisco. In addition, a Marimekko e-commerce 'shop' will be added to the Crate and Barrel website later this season, according to both companies.

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.

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.

KRONBERG, Germany  -- Braun celebrated its 90-year company anniversary on Feb. 1. Founded by Max Braun in 1921, Braun today is a globally successful brand and the world market leader in the foil shaver, epilator and handblender segments, according to the company.

Friday was to be something of a special occasion in Northwest Arkansas, until extreme winter weather forced a change of plans. Word arrived yesterday that Treasury Secretary Tim Geithner would not be visiting the area as originally planned, but the visit was postponed rather than cancelled, and he would be rescheduling the visit. Originally, he was scheduled to meet with regional business leaders to discuss how government and the private sector can work together to out-innovate the competition and grow the economy, according to a Treasury press release.