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Southern California designer jeans maker True Religion Apparel has won a $864 million court judgment against online Chinese counterfeiters, but actually getting that money will be a battle. The Vernon company, whose jeans can go for nearly $500, sued 282 websites originating from China and accused them of lifting company trademarks and peddling fake goods. The websites had names such as TrueReligion4Cheap.com and ForTrueReligionJeans.com.
Founders of KB Outlets, LLC, Kenneth and Jackie Bolin, are proud to announce the launch of their online golf shop, KBGolfOutlet.com. Novice and experienced golfers alike are welcome to explore the numerous golf aids, golf apparel, golf bags and accessories available for purchase. Of particular note are the custom NFL team logo golf bag stands and accessories. Visit the site’s new blog for further details. Web entrepreneurs Kenneth and Jackie Bolin are pleased to debut their golf supply shop, http://www.KBGolfOutlet.com. Customers are invited to browse through a vast inventory of golf training aids, golf apparel, and customized golf accessories.
Ikea has officially plugged in the solar energy system installed at its store in Portland, Ore. The 62,500-square-foot photovoltaics array consists of a 497.3 kilowatt system, built with 2,072 solar panels.
Express, a specialty retail apparel chain, today announced the launch of Express NEXT, a new points-based loyalty program open to all Express customers throughout the United States. Inspired by customer feedback and extensive market research, Express NEXT replaces the previous loyalty program that was only available to Express credit card holders. Express NEXT is designed to meet the retailer's shoppers’ habits both in-store and online, as well as reward brand interaction via social media.
Pleasanton, Calif. -- Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management. Glen joined Ross in April 1999 as senior real estate analyst. Since his hire, Glen has been instrumental in the rollout of 886 Ross Dress for Less and dd’s Discounts stores. He has played a significant role in successfully executing the company’s growth strategy over the past 13 years as we have grown to more than 1,150 Ross Dress for Less and dd’s Discounts locations combined.
If at first you don't succeed … Coming off an unsuccessful attempt to sell an Android smartphone back in 2010, Google is planning to launch an online store similar to Amazon.com and Apple to sell co-branded tablet devices, according to The Wall Street Journal. Google's move comes as Apple has gotten a boost from its new iPad and Amazon has made a splash with its Kindle Fire tablet. Apple dominates market share of the category with Android devices a distant second.
Proposal Represents Immediate and Certain Value for Avon's Shareholders at a 27% Premium Over the Company's Three-Month Weighted Average Share Price NEW YORK, April 2, 2012 /PRNewswire/ -- Coty Inc., a leading global beauty company, today announced that it has submitted a non-binding proposal to acquire Avon Products, Inc. Following extensive but unsuccessful attempts to engage Avon in discussions regarding its proposal, Coty has decided to make its proposal public in order to inform Avon's shareholders of the significant value in a transaction. Coty said it has no intention of pursuing an acquisition on a hostile basis. "Our
Struggling beauty products seller Avon Products on Monday rejected a buyout offer worth about $10 billion from fragrance maker Coty Inc. Coty went public with the bid for Avon on Monday. It said the offer was an increase from a previous bid of $22.25 per share. The new offer is a 20 percent premium to Avon's Friday closing price of $19.36. But Avon said Monday that the offer is basically the same as Coty's previous one. Avon said its board still believes Coty's offer is not in the best interest of shareholders and that it undervalues the New York company.
Online gallery overstockArt.com announced the launch of its enhanced "In Room View" web application. The augmented reality web tool is the next generation version of the original "View in a Room" tool, which first launched in May 2010. This innovative web application makes purchasing art online a personalized and interactive experience, revolutionizing the way people buy wall décor on the web.