Abercrombie

Inter Parfums, Inc. Reports Record 2023 Third Quarter Net Sales

Retrieved on: 
Monday, October 23, 2023
Fashion, Luxury, Cosmetics, Retail, Department Stores, GUESS, DKNY, Montblanc, Growth, Kate Spade, Collection, Salvatore Ferragamo S.p.A., Lanvin, Coach, Abercrombie, Fashion design, Love

At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.
  • “Our European based operations grew sales 18% during the third quarter, and all of our brands achieved top line growth.
  • Sales of our three largest brands, Coach, Montblanc, and Jimmy Choo increased by 32%, 20% and 6%, respectively.
  • We believe we are well positioned to meet the demand of our retailers and consumers on our way to another record year.”
    An update on the Company’s full-year 2023 guidance will be announced in conjunction with the issuance of third quarter 2023 consolidated results.

Harrington Process Solutions Completes Acquisition by Bain Capital, Announces Leadership Transition

Retrieved on: 
Thursday, October 5, 2023
Other Manufacturing, Construction & Property, Finance, Banking, Specialty, Professional Services, Manufacturing, Retail, Other Construction & Property, Partnership, PwC, Abercrombie, Acquisition, Bain Capital, Goldman Sachs, LLP, Human, BMO Capital Markets, Private credit, McDermott Will & Emery, Semiconductor, Growth, Kirkland & Ellis, Körber Process Solutions, Ground substance

Harrington Process Solutions (“Harrington” or the “Company”), a leading specialty distributor of industrial flow control process solutions, today announced the close of its acquisition by Bain Capital Private Equity (“Bain Capital”).

Key Points: 
  • Harrington Process Solutions (“Harrington” or the “Company”), a leading specialty distributor of industrial flow control process solutions, today announced the close of its acquisition by Bain Capital Private Equity (“Bain Capital”).
  • Graham has served as Chief Operating Officer since joining Harrington in 2020.
  • Harrington has the best people in the industry and a relentless focus and dedication to serving our customers.
  • PricewaterhouseCoopers LLP served as accounting advisor, and Kirkland & Ellis LLP served as legal counsel to Bain Capital.

Master Perfumer Christophe Laudamiel Joins Osmo to Develop New Perfume Molecules and Effects via Unique AI Technologies

Retrieved on: 
Wednesday, August 23, 2023
Smell, Partnership, Abercrombie & Fitch, Christophe Laudamiel, Abercrombie, Computer, Sense of smell, Art, Museum, Map, Hearing, Engineering, AI, Health, Perfume, Osmo

CAMBRIDGE, Mass., Aug. 23, 2023 /PRNewswire/ -- Osmo, a pioneer in AI and scent, is pleased to announce the hiring of Master Perfumer Christophe Laudamiel.

Key Points: 
  • CAMBRIDGE, Mass., Aug. 23, 2023 /PRNewswire/ -- Osmo, a pioneer in AI and scent, is pleased to announce the hiring of Master Perfumer Christophe Laudamiel.
  • As Osmo's newly appointed Master Perfumer, Laudamiel will help guide the Cambridge-based startup in bridging traditional fragrance industry expertise and innovative approaches to fragrance development.
  • "I am thrilled to be joining the Osmo team building the world's first AI platform for scent molecule discovery," said Laudamiel.
  • With Christophe Laudamiel on board, Osmo will continue bringing artistry and technology together—to pursue the highest levels of scientific innovation and to improve well-being globally.

Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets

Retrieved on: 
Monday, August 14, 2023
Dartmouth Mall, VIP, Springfield Town Center, Aldi, Cooper University Hospital, Moorestown Mall, Abercrombie & Fitch, Willow Grove Park, Health, OTCQB, Tenant, Abercrombie, Valley Mall, 4D film, ULTA, Woodland Mall, Main Event, Mall, Woodland, Extra Space Storage, Spaceflight, MPG, Prince, Dick's Sporting Goods, PREIT, Viewmont Mall, Sports medicine, House, Coffeehouse, Lease, Amusement park, Retail

Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.

Key Points: 
  • Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.
  • DICK's House of Sport at Viewmont Mall opened in 90,000 square feet on August 11, 2023.
  • "Creating a diverse tenant mix is a key ingredient in today's rapidly-evolving retail climate," said Joseph F. Coradino, CEO of PREIT.
  • "We are well positioned with a high-quality portfolio in desirable markets to capture tenants that create a compelling consumer experience.

Wolverine Worldwide Appoints Christopher E. Hufnagel as President and Chief Executive Officer

Retrieved on: 
Thursday, August 10, 2023
Fashion, Footwear, Online Retail, Lifestyle, Retail, Consumer, Wolverine World Wide, Senior, Life, Abercrombie & Fitch, Merrell, Multimedia, Abercrombie, Direct, NYSE, Global Brands Group, Management, Strategy, Wolverine, Saucony, Chris

Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has appointed Christopher E. Hufnagel, President of Wolverine, as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately.

Key Points: 
  • Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has appointed Christopher E. Hufnagel, President of Wolverine, as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20230810352737/en/
    Christopher E. Hufnagel, President & CEO of Wolverine Worldwide (Photo: Business Wire)
    Mr. Hufnagel joined Wolverine Worldwide in 2008 and has served in leadership roles across the organization.
  • He has also served as Wolverine Worldwide’s Global Brand President of Merrell and Global Brand President of CAT Footwear.
  • Prior to joining Wolverine Worldwide, Mr. Hufnagel held senior leadership roles at Under Armour, Gap, and Abercrombie & Fitch.

STEWART INFORMATION SERVICES CORPORATION APPOINTS HELEN VAID AS NEW DIRECTOR

Retrieved on: 
Wednesday, July 26, 2023
University, Delhi University, Walmart, Abercrombie, Customer experience, STC, Alliance Manchester Business School, Business administration, Pizza Hut, Groupon, Brand, Master of Business Administration, Abercrombie & Fitch Co. v. Hunting World, Inc., Hewlett-Packard, NYSE, Stewart Information Services Corporation, Foundry

HOUSTON, July 26, 2023 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced that Helen Vaid has been appointed to its Board of Directors, effective August 1, 2023.

Key Points: 
  • HOUSTON, July 26, 2023 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced that Helen Vaid has been appointed to its Board of Directors, effective August 1, 2023.
  • "We are extremely pleased to welcome Ms. Vaid to our Board of Directors," said Chief Executive Officer Fred Eppinger.
  • "Ms. Vaid is a seasoned strategic and operational leader.
  • Ms. Vaid was the ‎Chief Executive Officer of Foundry Brands, a brand platform that grows omni-digital brands, from July 2021 to February 2023.

iAnthus Announces Appointment of Richard Proud as CEO and Director

Retrieved on: 
Monday, July 17, 2023
Interim, Executive, Merchandising, CSE, American Signature, Curaleaf, Allocation, Abercrombie, Groupe Dynamite, The Company, Cannabis, Growth, Abercrombie & Fitch Co. v. Hunting World, Inc., Management

"The Board believes Richie is the ideal CEO to lead iAnthus' next chapter of growth and innovation.

Key Points: 
  • "The Board believes Richie is the ideal CEO to lead iAnthus' next chapter of growth and innovation.
  • "I am thrilled to step into the roles of director and CEO at this pivotal time for our Company.
  • I'm committed to rapidly leveraging these strengths to drive results for our customers," said Richard Proud.
  • Effective immediately upon the appointment of Richard as Chief Executive Officer, Robert Galvin's tenure as the Company's Interim Chief Executive Officer concluded.

Kygo, AJR and Meet Me @ The Altar Headline The Challenge, Abercrombie & Fitch Co.’s Annual Festival and Fundraiser to Benefit Non-Profit Partners

Retrieved on: 
Friday, June 23, 2023
School, Food, DJ, SeriousFun Children's Network, The Challenge, Indian Academy Group of Institutions, The Trevor Project, Kygo, Abercrombie, AJR, Rhinegeist, DIY, Organization, Altar, GLSEN, Lily Bloom, Challenge, Abercrombie & Fitch Co. v. Hunting World, Inc., ANF, Family, NYSE, VIP, Nightclub, Amusement park

NEW ALBANY, Ohio, June 23, 2023 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced the lineup for The Challenge, the company’s annual festival and fundraiser dedicated to celebrating the ongoing, collective impact of its key philanthropic partners. Musical guests Kygo, AJR and Meet Me @ The Altar will headline the event, with supporting performances from DJ AXCESS, Ramblewood, The Dead Revival Band and Lily Bloom.

Key Points: 
  • Musical guests Kygo, AJR and Meet Me @ The Altar will headline the event, with supporting performances from DJ AXCESS, Ramblewood, The Dead Revival Band and Lily Bloom.
  • Funds raised this year benefit six non-profit organizations: The Academy Group , GLSEN , Hollister Confidence Project , SeriousFun Children’s Network , The Steve Fund and The Trevor Project .
  • "Each year, we look forward to bringing together the entire A&F Co. community to celebrate our non-profit partners and the incredible work they are doing.
  • All participants are invited to fundraise beyond their ticket price to raise additional money for A&F Co.’s partners.

LatentView Analytics Welcomes Global Finance Leader Sanjay Singh to its Advisory Council

Retrieved on: 
Tuesday, June 20, 2023
QVC, College, Bachelor of Commerce, Zambia Institute of Chartered Accountants, Abercrombie & Fitch, Sanjay, Procter, Abercrombie, Strategic planning, Procter & Gamble, CFO, Commerce, Retail, Management, Qurate Retail Group

PRINCETON, N.J., June 20, 2023 /PRNewswire-PRWeb/ -- LatentView, a global digital analytics consulting and solutions firm, today announced the addition of Sanjay Singh to its advisory council. Sanjay has more than 30 years of Chief Financial Officer and strategic business experience at some of the world's leading consumer product and retail brands including Qurate (formerly known as QVC), Abercrombie & Fitch, and Procter & Gamble.

Key Points: 
  • Former Senior finance executive for Procter & Gamble, Abercrombie & Fitch, and Qurate joins the council with over 30 years of experience in global consumer products
    PRINCETON, N.J., June 20, 2023 /PRNewswire-PRWeb/ -- LatentView , a global digital analytics consulting and solutions firm, today announced the addition of Sanjay Singh to its advisory council.
  • The mission of LatentView's advisory council is to bring together the brightest minds across industries to provide LatentView and its clients with guidance and insights that fuel growth and secure business outcomes.
  • Council members work directly with LatentView executives to forecast trends, address challenges, and bridge relationships between the organization and its primary stakeholders.
  • "In today's economic environment, businesses must rethink organizational priorities and view the enterprise through a strategic financial lens," said Rajan Sethuraman , LatentView CEO.

Fastly Expands Its Market Reach with Simplified Pricing and Packages

Retrieved on: 
Tuesday, June 13, 2023
Software, Technology, Internet, Security, WebSocket, CDN, Abercrombie & Fitch, Software engineering, Abercrombie, FSLY, Virtualization, Risk, Growth, Ultimate, Research, NYSE, Video game, Online shopping, Sales, Fastly

To simplify pricing, Fastly is adding flat-rate pricing options for customers who don’t want to manage usage-based consumption.

Key Points: 
  • To simplify pricing, Fastly is adding flat-rate pricing options for customers who don’t want to manage usage-based consumption.
  • Fastly is leveraging its award-winning partner program to reach even more users and make the adoption of Fastly’s platform easier and faster.
  • Pricing and purchasing shouldn’t be a hurdle when it comes to getting onto the platform, which is why these new simplified packages are an important next step for us," said Todd Nightingale, CEO, Fastly.
  • For more information on Fastly’s simplified pricing and packaging or to find out how to get started with a free trial, please visit www.fastly.com/pricing .