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  • French court sides with Guess against Gucci in trademark suit

    Los Angeles - The Court of Paris has rejected every claim asserted by Gucci in a six-year trademark suit filed against Guess Inc., finding no trademark infringement, no counterfeiting, and no unfair competition. The court also completely denied Gucci’s request for $62.4 million in damages and, instead, Gucci was ordered by the court to pay Guess $34,000.

    The court also invalidated three of Gucci’s “G” community and international trademarks, meaning Gucci cannot claim exclusive use to those marks any longer.

  • Staples Canada runs omnichannel ‘messiest office’ promo

    Mississauga, Canada - Staples Advantage Canada, the business-to-business division of Staples, is running its third annual "Messiest Office Contest," with a chance to win an office makeover. Participants can submit pictures of their organizationally challenged work environments through the Staples Advantage Canada website or Staples Advantage Canada Facebook page.  

  • Lands' End names new CEO

    Lands’ End, an apparel brand known for its casual style, may be looking to go in a more luxurious direction after announcing its new CEO.

    The company said its new CEO will be Federica Marchionni, who was president of Dolce & Gabbana USA Inc. She will also join the company’s board. She will succeed Edgar Huber, who is resigning from the company on Feb. 17.

    Huber led the retailer through its separation from Sears Holding Corp. in April as Sears sought to focus on its core assets.

  • Dick's CFO takes on new roles

    Dick’s Sporting Goods is expanding the responsibilities of its CFO.

    The company says that in addition to serving as EVP/CFO, Andre J. Hawaux has been appointed as executive vice president, chief operating officer. In addition to his existing responsibilities for finance, legal and information technology, Hawaux will also oversee store operations, real estate and human resources.

  • Stanley Black & Decker, Newell Rubbermaid gain ground in Q4

    Stanley Black & Decker and Newell Rubbermaid reported modest but steady growth in the fourth quarter, results that position both companies on solid ground going forward.

    At Stanley Black and Decker, net sales for the fourth quarter came in at $2.98 billion, up from $2.88 billion in the fourth quarter of 2013. This was mainly due to increases in volume and price, but partially offset by currency. In terms of net income, the company pulled in $145.8 million, up considerably from last year's $56.1 million.

  • Target expanding with smaller stores

    Target may not have been very successful in Canada, but the retailer has an altogether different strategy for the United States, where it will open 15 stores in 2015.

    Target says it plans to open more small store formats than suburban big box stores this year.

    The Minneapolis-based retailer will bring its smallest store, TargetExpress, which at 20,000 square feet is about a sixth of the size of its traditional big box stores, to two more metropolitan areas this year with one store slated for Chicago and two for the Washington, D.C., area.

  • Lululemon founder hangs up his yoga pants

    Lululemon Athletica Inc. will have to get along without the advice of its controversial founder, who announced he is stepping down from the company's board.

    Chip Wilson, a sometimes controversial figure who helped build the Canadian yogawear retailer into an international success story, said he was resigning from the company's board.

    "I believe that now is the right time to step away," Wilson said in a statement.

    Wilson, who founded Lululemon in 1998, withdrew from day-to-day management in early 2012, and stepped down as chairman in late 2013.

  • Former Raytheon CEO joins TJX board

    The TJX Companies announced that William H. Swanson has been elected to its board of directors.

  • H&M to open 400 stores and launch beauty brand in 2015

    New York -- Swedish fast-fashion giant Hennes & Mauritz AB (H&M) is in full expansion mode. Along with reporting a 17% increase in fiscal 2014 profits, the company said it plans to open 400 stores in 2015, with most of the openings in the United States and China. It will also enter several new markets, including India and South Africa.  

    In other news, H&M is launching a new beauty concept, H&M Beauty, with an initial debut in about 900 stores and online, starting in fall 2015.

  • Forever 21 to open on Fifth Avenue

    New York -- Forever 21 will open a five-level store on Fifth Avenue in Manhattan, taking over the space that formerly housed an H&M.  

    The new Forever 21, which is located on Fifth between 51st and 52nd Streets, is scheduled to open on Feb. 7.

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