American actor George Clooney along with drink industry executives Rande Gerber and Michael Meldman established a drinks importing company called Casamigos Spirits Company in order to oversee all the functions of Casamigos Tequila brand. ...
Tags: Tequila, drink industry
US-based Dexter has entered into an agreement with AL-KO Kober to acquire AL-KO Vehicle Technology (VT). Dexter is a designer and manufacturer of trailer axles, brakes and related components in North America. Following completion of the ...
Tags: AL-KO Vehicle, Dexter
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. The capital infusion will be used to launch the Feetz platform directly to customers later this year via the first ...
Tags: 3D printing, Feetz, Sporting Goods
Australian pie franchise Pie Face has made a comeback from voluntary administration, with the appointment of a new CEO and the signing of a Deed of Company Arrangement. Pie Face launched in Sydney in 2003 and now has 89 stores across ...
Tags: savoury pies, pastries, cakes, muffins, coffee, Agriculture
Guitar Center appointed Darrell Webb, formerly chairman and CEO of The Sports Authority, to be the company’s new president and chief executive officer. Webb replaced former CEO Mike Pratt, who resigned. Webb has more than 30 years ...
Tags: craft retailer, Sporting Goods
In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
Fox Head Inc. announced that Pete Fox will rejoin the company in the newly created role of chief creative officer. Fox will report directly to Interim CEO Scott Olivet with his appointment being effective immediately. Formerly the ...
Tags: Officer, Former CEO, Sporting Goods
Private equity firm India Value Fund Advisors (IVFA) is set to expand its investment in food sector. The new investments will be led by Haresh Chawla, a partner of IVFA and the former CEO of Network18. The company will also expand its ...
Tags: Food Sector, Agriculture
Thoratec Corp. has replaced CEO Gary Burbach with the man who previously led the company for a decade. New president and CEO Keith Grossman served in those roles at the Pleasanton, CA–based company from 1996 to 2006, when Burbach ...
TA Associates, a leading global growth private equity firm, today announced a partnership with SkinnyPop Popcorn LLC founders Pam Netzky and Andy Friedman and food entrepreneur Jason Cohen to further build the brand and support continued ...
Tags: TA, SkinnyPop founders, Food
Indian online apparel and accessories retailer has changed its business model from being a ecommerce market place to coupon store and a product aggregator for other ecommerce stores. Other changes at the fashion etailer include founder ...
Tags: Fashion Retailer, Yebhi, Business Model
President Obama clearly doesn’t like Medtronic’s plan to move its headquarters to Ireland through the acquisition of Covidien. Medtronic’s $43 billion acquisition of Covidien would be the largest tax inversion deal yet. ...
Tags: Medtronic-Covidien, Health, Medicine
BizSlate Inc., an innovative Software-as-a-Service (SaaS) provider of Enterprise Resource Planning (ERP) solutions for small and medium sized distribution businesses (SMBs), announced that former Loehmann's Chief Executive Officer Steven ...
Arctic Cat Inc reported net earnings of $3.6 million, or $0.27 per diluted share, for the fiscal first quarter ended June 30, 2014, on record net sales of $143.6 million. The company recorded a severance charge in the 2015 first quarter ...
Tags: Arctic Cat, Sales, Apparel