Hudson’s Bay Co Appoints President

Hudson's Bay Company, which owns Saks Fifth Avenue and Lord & Taylor in the U.S., said Donald Watros, currently its chief operating officer, has been named president of HBC, a newly expanded role. This appointment is effective on Feb. 1, 2014…

Club Ride Raises $1M in Capital

Club Ride Apparel signed an agreement with Royal Street Investment & Innovation Center (RSIIC) to fund the company with $1 million in additional capital to support the company’s continued expansion and growth…

National Ski Patrol Names Executive Director

The National Ski Patrol (NSP) appointed John McMahon as its new executive director. Effective Jan. 2, 2014, McMahon will spearhead initiatives to elevate NSP's brand and relevancy and build infrastructure and programs to better serve NSP's 28,00

Dorel Bids Adieu to Bicycle Chief Baird

Dorel Industries Inc. announced the departure of Robert P. Baird, group president and CEO of the company's Recreational/Leisure segment, which owns Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi. Peter Woods, the segment's CFO, ha

Moncler Shares Soar in IPO Debut

Share prices of Moncler, the Italian maker of ski and fashion apparel, jumped more than 40 percent in initial trading on the Italian stock market…

Billabong’s New CEO Pledges ‘Fewer, Bigger, Better’

At its annual meeting, Billabong’s new CEO Neil Fiske outlined a seven-point turnaround plan, which includes rebuilding the company’s global brands and sorting emerging brands, finetuning merchandising strategies with fewer styles, and integra

Safilo Group Appoints Global Commercial Director

Safilo Group, the Italian parent of Smith Optics, has appointed Henri Blomqvist to the newly established role of global commercial director. He reports to Safilo Group CEO Luisa Delgado and will oversee all commercial wholesale operations worldwide…

Cross-Border Spending Lifts U.S. Retailers

Black Friday saw the greatest spike of the year in international shopping activity, with cross-border spending at U.S. retailers more than quadrupling (+330 percent) compared to the average shopping day in 2013, according to data released by…

Flip Flop Shops to Expand in the Caribbean

Flip Flop Shops, the franchisor, announced a new Caribbean business opportunity for the master franchise rights throughout the region, including three already established shops in St. Thomas, St. Maarten and Curacao…