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Finish Line names digital marketing exec
Indianapolis -- The Finish Line said Thursday it has appointed Jay Custard as VP of digital marketing for the company.
Custard’s responsibilities include leading and directing corporate strategies involving digital customer acquisition, retention and superior customer satisfaction, as well as developing new strategies to support future growth.
He was previously VP of e-commerce, global, for Crocs. -
H&M profit drops in Q4, still on track to open 275 stores
Stockholm, Sweden -- Swedish fast-fashion retailer Hennes & Mauritz reported Thursday that net profit for the fourth quarter dipped to $997.2 million from $1.1 billion in the year earlier period. Sales in December, the first month of H&M's fiscal first quarter, were up 13% year-on-year in local currencies, against a forecast 12%. Same-store sales were up 4%.
"Most indicators suggest that the macro-economic climate in many of our markets will continue to be tough during 2012," said CEO Karl-Johan Persson.