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May 23, 2013
Record results for Dollar Tree in Q1

Dollar Tree achieved the highest first-quarter operating margin in its history for the first quarter ended May 4.

CHESAPEAKE, Va. — Dollar Tree achieved the highest first-quarter operating margin in its history in the first quarter ended May 4.

Consolidated net sales for the first quarter ended May 4 were $1.9 billion, an 8% increase from $1.7 billion for the quarter ended April 28 last year. The value retailer saw a comparable store sales increase of 2% on top of a 6% increase for the first quarter last year.

May 2, 2013
Nike execs step into new roles

Nike has promoted VP Michael Spillane to VP and GM of Nike’s Greater China geography effective June 1. Spillane replaces Craig Cheek who will move to a global role as VP and GM of Nike’s Young Athletes.

BEAVERTON, Ore. — Nike has promoted VP Michael Spillane to VP and GM of Nike’s Greater China geography effective June 1. 

Spillane was most recently the CEO and president of Umbro, which Nike divested of last year. Spillane replaces Craig Cheek who will move to a global role as VP and GM of Nike’s Young Athletes, where he will oversee strategy and drive growth supporting the company’s key categories around the world.

April 4, 2013
A&F eyes global expansion

Abercrombie & Fitch in its annual report revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores.

NEW YORK — Abercrombie & Fitch in its annual report revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores. The news sent the teen retailer’s shares rising on Wednesday.

The company also said in the report that it is maintaining its focus on boosting profitability by simplifying processes, eliminating less-profitable parts of its business, shoring up efficiencies and cutting expenses.

March 22, 2013
Former Adidas exec named CEO at 2XU

2XU, a manufacturer of high performance athletic apparel, has named Kevin Roberts CEO of the company.

CARLSBAD, Calif. — 2XU, a manufacturer of high performance athletic apparel, has named Kevin Roberts CEO of the company. 

"2XU represents the pursuit of an incredible global business opportunity," said Roberts. "I greatly value the entrepreneurial culture of the brand and will continue to foster it moving forward."

March 18, 2013
Champs, Adidas launch Tumblr-inspired campaign

Champs Sports and Adidas Originals are launching the latest Adicolor Collection with a first-of-its-kind, advertising campaign inspired by the micro-blogging site, Tumblr, featuring three of the hottest tastemakers in professional sports.

BRADENTON, Fla. — Champs Sports and Adidas Originals are launching the latest Adicolor Collection with a first-of-its-kind, advertising campaign inspired by the micro-blogging site, Tumblr, featuring three of the hottest tastemakers in professional sports. A 30-second television commercial starring Damian Lillard of the Portland Trail Blazers, Iman Shumpert of the New York Knicks and Von Miller of the Denver Broncos premiered Thursday, Mar. 14 during the TNT broadcast of the Knicks vs. Blazers NBA game.

March 18, 2013
Nike enhances sustainable efforts with Bluesign Technologies

Nike announced a strategic partnership with Swiss company Bluesign Technologies to accelerate the supply of more sustainable materials and chemistries for use in Nike products.

BEAVERTON, Ore. — Nike announced a strategic partnership with Swiss company Bluesign Technologies to accelerate the supply of more sustainable materials and chemistries for use in Nike products.

February 26, 2013
Abercrombie & Fitch names EVP stores

Abercrombie & Fitch Co. announced the promotion of Amy Zehrer to the position of EVP stores, from SVP, effective immediately.

NEW ALBANY, Ohio -- Abercrombie & Fitch Co. announced the promotion of Amy Zehrer to the position of EVP stores, from SVP, effective immediately.

February 20, 2013
Iconix acquires Lee Cooper denim brand

NEW YORK — Iconix Brand Group has acquired Lee Cooper, a global lifestyle brand with over a 100-year heritage for $72 million in cash. The brand was acquired through the company's Luxembourg subsidiary, Iconix Luxembourg Holdings Sarl. 

February 12, 2013
Puma walks sustainable path with new shoe

Puma has launched InCycle, the brand's first closed-loop collection of footwear, apparel and accessories, all of which have earned the "Cradle to Cradle Certified[CM] Basic" certification.

BOSTON -- Puma has launched InCycle, the brand's first closed-loop collection of footwear, apparel and accessories, all of which have earned the "Cradle to Cradle Certified[CM] Basic" certification. Puma's InCycle products are entirely biodegradable or recyclable. This product introduction is another important step in PUMA's mission to become the most sustainable and desirable Sportlifestyle company.  

February 3, 2013
Footwear brand embarks on new path

Former converse executive Jack Boys is the new CEO of Cole Haan following Nike’s recent sale of the brand to a private equity firm.

Former converse executive Jack Boys is the new CEO of Cole Haan following Nike’s recent sale of the brand to a private equity firm.

Apax Partners completed the previously announced acquisition of Cole Haan from Nike and named Boy’s to the role of CEO effective immediately. Boys became CEO of Converse in 2001 and remained in that roles following Nike’s acquisition of Converse in 2003 through 2010. Prior to Converse, he was vp of global marketing at The North Face and has previously held positions with Avia, LeCoq Sportif and CVEO Corporation.

December 18, 2012
Nike revamps leadership team

Nike has named Roger Wyett as its new VP of Action Sports. Wyett will oversee Nike brand’s skateboarding and snow businesses, as well as Hurley International LLC.

BEAVERTON, Ore. — Nike has named Roger Wyett as its new VP of Action Sports. Wyett will oversee Nike brand’s skateboarding and snow businesses, as well as Hurley International LLC.

Sandy Bodecker, the current VP of Action Sports at Nike, will now work on special projects involving long-term product innovation. Additionally, Jim Calhoun, CEO of Converse, will report directly to Mark Parker, president and CEO of Nike.

November 5, 2012
Target unveils holiday gift card assortment; includes digital option

Target Corp. unveiled its lineup of gift cards for the upcoming holiday season.

MINNEAPOLIS — Target Corp. unveiled its lineup of gift cards for the upcoming holiday season. The expanded assortment, which include traditional gift cards with holiday and multicultural designs, and digital options, will be available in stores on Nov. 4.

October 17, 2012
Justin Bieber to front Adidas Neo campaign

Adidas has named Justin Bieber as the face of its Neo label.

HERZOGENAURACH, GERMANY — Adidas has named Justin Bieber as the face of its Neo label.

As part of his two-year agreement with Adidas, Bieber will make appearances for the label in its major markets throughout 2013 and share its latest news and collections through his vast social media reach. He will front Neo's seasonal campaigns under its "Live Your Style" positioning, with spring/summer 2013 to debut in February.

October 3, 2012
More, more, more at Family Dollar

Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

September 19, 2012
Adidas engages RedPrairie in Singapore markets

SINGAPORE and ATLANTA — RedPrairie, a global supply chain and retail technology provider, announced that Adidas, a global leader in state-of-the-art sports footwear, apparel and accessories, has gone live with RedPrairie Workforce Management (WFM) at its Singapore retail locations. Adidas will leverage RedPrairie WFM to increase employee productivity and optimize scheduling to help adidas deliver optimal customer service to Singapore consumers.

September 7, 2012
Levi names head of Docker's brand

Levi Strauss & Co has named longtime apparel executive Seth Ellison president of the global Dockers brand effective Sept. 10.

SAN FRANCISCO — Levi Strauss & Co has named longtime apparel executive Seth Ellison president of the global Dockers brand effective Sept. 10.

September 4, 2012
Whole Foods launches green gift card program

Whole Foods Market has launched two new eco-friendly gift cards, with plans to replace the recycled plastic cards that will be phased out over time.

AUSTIN, Texas — Whole Foods Market has launched two new eco-friendly gift cards, with plans to replace the  recycled plastic cards that will be phased out over time.

The new cards – one made of paper and the other of responsibly harvested wood— are certified by the Forest Stewardship Council and have a lower carbon footprint, are reusable, recyclable, compostable and require less energy to be produced.

August 22, 2012
AEO raises outlook on record sales growth

American Eagle Outfitters' income from continuing operations increased 62% to 21 cents per diluted share for the second quarter, compared with 13 cents per diluted share for the comparable quarter last year.

PITTSBURGH — American Eagle Outfitters' income from continuing operations increased 62% to 21 cents per diluted share for the second quarter, compared with 13 cents per diluted share for the comparable quarter last year. Net income for the second quarter, which includes a loss from discontinued operations, was 9 cents per diluted share, compared with 10 cents per diluted share last year.

April 12, 2011
Home sector gets slight boost from Tuesday Morning

Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively.

DALLAS -- Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively.