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Esprit chairman leaves unexpectedly
HONG KONG — Esprit Holdings' chairman has unexpectedly resigned, just one day after the sudden departure of CEO Ronald van der Vis.
Chairman Hans-Joachim Korber said he is leaving for personal reasons, while van der Vis’s reasons were described as “personal and family.” CFO Chew Fook Aun left the company on June 1.
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Costco to make Louisiana debut
New Orleans -- Costco Wholesale Corp. will enter the state of Louisiana with a 148,000-sq.-ft. store at Carrollton Plaza Shopping Center in New Orleans.
The new lease, announced by center owner The Feil Organization, will add Costco to a lineup of retailers that includes CVS, Firestone, Family Dollar and Subway.
Costco is slated to open spring 2013.