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Beam CEO joins VF board
GREENSBORO, N.C. — The board of directors of VF Corp., a global leader in branded lifestyle apparel and footwear, has elected Matthew Shattock as a director.
Shattock is the president and CEO of Beam Inc., one of the world’s leading premium spirits companies. He has led Beam since 2009, first as an operating unit of Fortune Brands and since October 2011 as a standalone public company.
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Report: Apple to relocate 20 stores
New York -- Apple Inc. will shut down 20 stores and move them to new, larger locations, according to the Los Angeles Times.
Tim Cook, CEO of Apple, said that the company is looking to relocate the stores in order to make them larger.
The company also will open 30 additional stores at new locations, mostly outside the United States, including its first location in Turkey.