Articles by DPA
Guess? and WHP Global closes acqcuisition of Rag & Bone
Guess?, Inc. (GES) and global brand management firm WHP Global announced Wednesday that they have completed the previously announced acquisition of New York based fashion brand rag & bone. Under the terms of the transaction, Guess? has contributed 57.1 million dollars towards the purchase of rag & bone, in addition to contributions from WHP...
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Gildan Activewear names Vince Tyra CEO
Gildan Activewear Inc. (GIL), an apparel manufacturer, Friday announced the appointment of Vince Tyra as its chief executive officer and president, effective February 12. Tyra will take over from the previous CEO and co-founder of the company, Glenn Chamandy, who was ousted from the firm after 20 years at the helm. Previously, Vince Tyra grew...
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Target circle week October 1-7, to hire 100,000 seasonal workers
Target is offering a full week of savings during Target Circle Week, which will be running from October 1 to 7. Ahead of the upcoming holiday shopping season, the retailer also plans to hire nearly 100,000 seasonal team members. Also starting October 1, Deal of the Day program returns with deep daily discounts exclusively for Target Circle...
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HanesBrands confirms interim CFO Scott Lewis as new CFO
HanesBrands, Inc. (HBI) announced Tuesday that Interim Chief Financial Officer Scott Lewis has been appointed Chief Financial Officer, effective immediately. Lewis will also continue in his role as Chief Accounting Officer, a position he has held since 2015. Lewis, a 17-year veteran of HanesBrands with an extensive background in accounting, tax,...
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Abercrombie & Fitch, Kohl's Q1 results top estimates, while Children's Place missed
U.S. retailers Abercrombie & Fitch Co. (ANF) and Kohl's Corp. (KSS) reported on Wednesday results for the first quarter that topped analysts' estimates, with Abercrombie & Fitch raising its outlook for the full-year 2023 and Kohl's affirming its guidance for fiscal 2023. Meanwhile, The Children's Place, Inc. (PLCE) reported results that missed...
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Zalando nominates Kelly Bennett as supervisory board chairperson
Zalando SE (ZLNDY) said that it has nominated its deputy Chairperson Kelly Bennett as its Supervisory Board Chairperson. He would succeed Cristina Stenbeck, who has decided not to stand for re-election. Bennett has been a member of Zalando's Supervisory Board since 2019 and serves as an advisor to the leadership teams of Microsoft, Strava,...
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Clarks recalls 113,000 women's canvas shoes due to chemical hazard
Clarks Americas has recalled about 113,000 women's navy blue canvas shoes due to chemical hazard. According to Consumer Product Safety Commission, the company has recalled Breeze Ave, Breeze Shore and Breeze Step women's shoes in navy colors. The shoes, which were manufactured in China, were recalled because prolonged and direct contact with the...
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Amazon's Prime early access sale dates announced
Amazon's Prime Early Access Sale will take place on 11th and 12th October in fifteen countries. The two-day global shopping event will only be available to Prime members and will feature "hundreds of thousands" of holiday deals. The shopping event will be available in Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands,...
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Puma: Héloïse Temple-Boyer assumes role of supervisory board chair
Puma SE(PMMAF.PK), a German maker of footwear, apparel, and accessories, said on Wednesday that Héloïse Temple-Boyer has assumed the role of Chair of the Supervisory Board with effect from May 11. Temple-Boyer succeeds Jean-François Palus, who had previously resigned as Chair of the Board effective from the same day. Temple-Boyer has been a...
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L'Oréal AGM adopts all proposed resolutions
L'Oréal said that its Annual General Meeting adopted all the proposed resolutions. The AGM approved the parent company financial statements and the consolidated financial statements for 2021. The AGM decided on the distribution of a dividend of 4.80 euros per share. The dividend is increased to 5.28 euros for shares that have been continuously...
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