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True Religion promotes interim VP to CEO
Vernon, Calif. - True Religion Apparel Inc. has named John Ermatinger CEO, effective immediately. Current CEO David Conn is stepping down.
Ermatinger has been serving as True Religion’s interim senior VP of global sourcing and production will build on the strategic initiatives that have been implemented since TowerBrook’s acquisition in July 2013 and will guide the company into its next phase of development.
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Alibaba overtakes Amazon as ‘most valuable’ global retail brand
London -- The most valuable retail brand in the world lacks physical stores. At least that’s according to the tenth annual BrandZTM Top 100 Most Valuable Global Brands ranking, released by WPP and Millward Brown. Chinese online giant Alibaba took the top spot of the retail, with a brand value of $66.4 billion, overtaking Amazon, at $62.3 billion.

