Corporate Governance

New York -- The Jones Group Inc. swung to a loss in the second quarter as the company was challenged with lower sales, weaker margins and higher costs.

Jones Group reported a loss of $3.4 million for the second quarter, compared to a profit of $8.1 million in the year-ago period.

Revenue decreased 1.1% to $845.6 million from $855 million for the second quarter of 2012. Analysts estimated revenues of $832.06 million for the quarter. One bright spot for Jones Group was an almost 21% year-over-year increase in wholesale jeanswear sales.

NEW YORK — Ahava, a leading skincare brand, has promoted Elana Drell Szyfer, currently CEO of the company in North America, to group CEO of Ahava globally. She replaces Yacov Ellis who has resigned his position to pursue new opportunities, following a 10-year tenure as CEO. 

Canton, Mass. — Dunkin’ Donuts has opened two new locations at Great Wolf Lodge Resorts in Michigan and Virginia. These are the second and third restaurants to open under a franchising agreement between the donut chain and Great Wolf Resort.

“Our partnerships with Great Wolf Lodge and other lodging properties are a continued focus for our growth in alternative points of distribution,” said Grant Benson, CFE, VP franchising and business development with Dunkin’ Brands.

Back-to-school season is underway in Canada and for Target, which opened its first stores in Canada earlier this year, the stakes could not be higher.

City of Commerce, Calif. — Celebrating the grand opening of its newest Houston store — 11,490 sq. ft. — 99Cents Only Stores will sell Westinghouse 40-in. flat-screen TVs for just 99 cents to the first nine customers in line.

There will be additional prizes for the next 198 customers in line.

VERNON, Calif. — True Religion Apparel has appointed David Conn as CEO. He will be joined by a new leadership team that, together with the company’s new owner, TowerBrook Capital Partners L.P., will be charged with guiding the company into its next phase of growth.

Conn joins from VF Corporation and has leadership experience in brand management and marketing in the apparel and footwear industries. Prior to his time as president of VF Retail Licensed Brands, Conn served as EVP of the Iconix Brand Group.

Is there an archetypal Las Vegas shopping center? How about Miracle Mile Shops at Planet Hollywood Resort & Casino in Las Vegas?

“A Las Vegas shopping center should feature a range of shopping, entertainment and dining options that appeal to the wide audience the city attracts,” said David Edelstein, co-owner of Miracle Mile Shops.

“The stores should stay open late and bars and restaurants even later,” he continued. “Always keep an eye on trends and what shoppers are responding to.”

PLEASANTON, Calif. — Safeway and the Safeway Foundation are holding an annual fundraising campaign together with the Muscular Dystrophy Association to support individuals and families affected by muscle disease.