Tempur-Pedic International Inc., a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, has completed its previously announced acquisition of Sealy Corporation. The Company also announced that it ...
LEXINGTON, Ky. — Bedding major Tempur-Pedic said Friday the Federal Trade Commission has approved its proposed acquisition of rival Sealy Inc. FTC clearance was the last major hurdle preventing the deal from being finalized, and ...
Tags: Bedding, Tempur-Pedic, acquisition
World sports business attention is without a doubt focused on China as the Asian market continues to develop an increasing and unrivalled appetite for new and authentic recreational products. From the mountains to urban spaces, sport is the ...
Renault Australia has secured a big win for its commercial vehicles with Australia Post picking the French brand to drive the nation’s mail. Switching from Mercedes-Benz Vito and Sprinter, AusPost is set to change its fleet of vans ...
Sherwin-Williams Paint and Sundries Brands has selected Marcus Thomas LLC to manage digital agency of record responsibilities for its Dutch Boy, Purdy, Krylon and Pratt & Lambert brands. The group of brands opened a competition for the ...
Tags: Sherwin-Williams Paint, Sundries Brands, Marcus Thomas LLC
In an ongoing effort to simplify online international expansion for U.S. retailers, FiftyOne Global Ecommerce announced that it has become a Demandware LINK Technology Partner, joining a best-of-breed community that accelerates the adoption ...
Tags: FiftyOne, Technology partner, retailers
PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
Sears Canada Inc. announced the addition of the Carter's family of baby and children's wear brands to Sears. The launch of the well loved Carter's and OshKosh B'gosh labels will be celebrated starting on Friday, February 15, in the Baby's ...
Selfridges hit the headlines last month with its ‘No Noise’ packs, which removed wording and logos from familiar and iconic products (see page 3). But can such a strategy be transferred to any pack Bic Bicknell Co-founder, ...
Tags: packs, iconic brands, debranding
A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
Snack maker Snyder's-Lance has announced that CEO David Singer will retire following the company's AGM, scheduled for 3 May. The company said he will be succeeded by Carl Lee Jr, who has served as Snyder's-Lance president and COO since ...
Tags: CEO, Snack maker, Snyder's-Lance, David Singer
Kraft Foods Group has unveiled plans to launch more than 40 new products, marking the first swathe of NPD since the group separated from Mondelez International and became an independent publicly traded group last October. The company ...
Tags: Kraft Foods Group, Mondelez, company news, food industry
Quiksilver,Inc.announced that its Board of Directors has appointed Andy Mooney as President and Chief Executive Officer,succeeding Quiksilver's co-founder Bob McKnight,who has been named Executive Chairman.Mooney will also join the ...
Tags: Quiksilver, Andy Mooney, CEO, company news
Bebe stores, inc. announced a Chief Executive Officer succession and said that Steve Birkhold will join the company as CEO, effective immediately. Mr. Birkhold will succeed Manny Mashouf, bebe’s founder, Chairman and current CEO, who ...
Tags: Bebe stores, CEO, Steve Birkhold, apparel