Ahold Completes Sale of U.S. Unit
Amsterdam, Dutch retailer Ahold said on Tuesday it has completed the $7.1 billion sale of its U.S. Foodservice unit to Clayton, Dubilier & Rice Fund VII and Kohlberg Kravis Roberts & Co.
“This is a milestone for Ahold. The sale of U.S. Foodservice is a significant step in implementing the company’s strategy announced last November,” John Rishton, Ahold’s acting president and chief executive, said in a statement.
Marc Ecko launches Star Wars line
NEW YORK Marc Ecko Enterprises announced today that the designer has developed a new, limited-edition collection of Star Wars-inspired apparel under license from Lucasfilm Ltd. According to a company press release, this is the first time a major designer has teamed up with the creator of Star Wars.
The line will be available this holiday season through top domestic and international specialty stores, celebrating the 30th anniversary of the ever-popular intergalactic adventure. The collection will feature such pieces as the Hoth Parka (MSRP $98.00), a premium “Fett for Real” sweatshirt ($98.00), a stone Yoda graphic tee ($32.00), and the “Ultimate Vader” hoodie ($78.00), among various other items.
“It is no secret that I am a ‘fanboy’ of all things Star Wars and of George Lucas,” Marc Ecko said. “So when the opportunity to create this collection arose, I jumped on it like Boba on his bounty. Our mission was to dig into Lucasfilm’s archives and emerge with a line that takes its cues from popular culture and adds the rich visual language that made Star Wars the most relevant fable of the last 100 years.”
Yokohama Tire names sales vp
FULLERTON, Calif. Yokohama Tire Corporation has announced that 19-year company veteran Dan King has been promoted from director of consumer sales to vp of sales. King will lead the development and implementation of sales strategy for the consumer sales and the commercial truck divisions.
King joined YTC in 1988 and has had various positions in the marketing and sales departments, including director of marketing and director of sales.