Corporate Governance

Las Vegas -- Apparel retailer Bettie Page, which specializes in contemporary designs inspired by the 1940's and 50's, has made its Nashville debut. It is the company’s 15th location to date.

"Our newest Bettie Page boutique is situated in the heart of Nashville," said Jan Glaser, co-CEO, Tatyana Designs, parent company of Bettie Page.

One unique feature of the Nashville store is that the company has leased the entire 14,000-sq.-ft. building.

PAWTUCKET, R.I. — Hasbro has acquired a majority stake in Backflip Studios, a company that develops mobile games such as DragonVale, NinJump and Paper Toss.

Sydney, Australia -- Island Pacific has announced the deployment of its point-of-sale technology in Topshop’s Sydney and Melbourne stores.

Island Pacific’s software solutions are being used by the British fashion retailer to standardize its IT solutions. As a new business venture in Australia, Topshop wanted the day-to-day business of its retail divisions to be streamlined with receipting, sales and reporting functionality.

The Limited helped changed the way women shop for apparel 50 years ago and this month it is commemorating the occasion with digitally inspired promotions the company’s founders could never have imagined.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. said Friday that a group of stockholders will plan to sell up to 10 million shares of the company.

The company registered an offering of up to 10 million shares worth as much as $753.2 million. It did not specify who will sell the shares or when the offering is expected to close.

Restoration Hardware's biggest shareholders are the private equity firms Catterton Partners and Tower Three Partners, followed by Glenhill Capital.
 

Boca Raton, Fla. -- Office Depot announced that Michael J. Massey, previously CEO and president of Collective Brands, has been nominated to join the board. He fills the vacancy created by current director Brenda Gaines, has decided not to stand for reelection at this year’s annual meeting of stockholders.

BOCA RATON, Fla. — Office Depot has nominated former president and CEO of Collective Brands Michael J. Massey to its board. If elected, he would fill the vacancy created by current director Brenda Gaines, who has decided not to stand for re-election at this year’s annual meeting of stockholders. 

New York -- Jones Group Inc. has tapped Citigroup Inc. to explore a possible sale, according to Reuters.
 
In April, Jones Group said that it would close 170 stores and cut 8% of its workforce after first-quarter profit was less than analysts’ estimates. The news comes just months after activist hedge fund

The company, whose brands include Stuart Weitzman, Jones New York, Easy Spirit, and Nine West, had a market value of about $1.2 billion as of July 5.