Sales & Marketing

New York -- Michael Kors Holdings Ltd. said Tuesday that its fiscal fourth-quarter net income more than tripled as the company opened new stores and demand grew for its fashions and accessories.

For the three months through March 31, Michael Kors earned $43.6 million, up from $13.6 million in the same quarter last year.

Revenue rose 58% to $380 million, from $240 million. Same-store sales jumped 36%.

Michael Kors opened 71 stores this year, bringing its store count to 237. Retail sales rose 80% to $172.2 million.

DALLAS — The Army and Air Force Exchange Service is offering shoppers a chance to win a new Harley-Davidson motorcycle.

From June 15 to 28, military shoppers can visit their local AAFES and enter to win in the 7UP Harley-Davidson Sweepstakes. One lcustomer will win a 2012 Harley-Davidson Sportster Forty-Eight, valued at $11,000. Entry is limited to shoppers ages 18 years and older who have a valid driver's license.

New York -- J.Crew Group is expanding into Asia through a partnership with Hong Kong- based specialty store operator Lane Crawford.

Beginning in October, a curated selection of the J.Crew autumn/winter 2012 women's ready-to-wear and shoes, men's apparel and accessory collections will be available at select Lane Crawford stores in Hong Kong and China. It is the first time J.Crew goods will be featured in a retail environment outside of North America.

Sidney, Neb. -- Cabela's Inc. announced that, effective January 1, 2013, Joseph M. Friebe, executive VP and president and CEO of the chain’s World’s Foremost Bank, will transition from his current positions and will become a special advisor to the CEO of the bank through 2014, when he plans to retire.

“Under Joe’s leadership, the Cabela’s Club Visa program has posted industry-leading results, which have contributed greatly to our strategic growth,” said Tommy Millner, Cabela's CEO.

GRAND RAPIDS, Mich. — Meijer is helping its customers save money on gas this summer, the retailer said.

The new discount program, which was made available to Meijer credit customers and runs Sept. 3, provides customers with a 10-cent-per-gallon discount on fuel at all Meijer gas stations, with no minimum fuel purchase required. Customers who don't already have a Meijer credit card can apply at any Meijer store, online at Meijer.com/creditcard or via QR link with their smartphone.

Roseville, Calif. -- Revionics, a provider of price optimization systems, announced it has acquired the business and related assets of Retail Optimization, New Haven, Conn., a provider of cloud-based assortment and space optimization systems. Terms were not disclosed.

Canton, Mass. -- Dunkin' Brands Group said Monday that it has named current CFO Neil Moses as its new chief global strategy officer, charged with driving the company's strategic initiatives.

Paul Carbone, formerly VP finance and strategy, is being promoted to CFO.
 

Pittsburgh -- Dick's Sporting Goods announced Monday it will open two new stores on June 13.

A store at Bloomfield Town Square, in Bloomfield, Mich., will be the sporting goods retailer’s 20th store in the state.

The new store opening at Northborough Crossing, in Northborough, Mass., will be the retailer’s 17th in the state.