Playboy Enterprises Opens Overseas Boutiques
New York City, Hong Kong and Kuala Lumpur will both have freestanding Playboy Concept Boutiques by the end of this year. These will be the fourth and fifth locations for the concept, selling full collections of Playboy fashion and accessories.
The openings will leverage Playboy’s expansion at retail in specialty stores and department stores in the United States, Asia and Europe. Among the stores currently carrying Playboy items are Henri Bendel in New York, Selfridges in London, Colette in Paris and Seibu in Hong Kong.
New Senior VP for The Great Indoors
Hoffman Estates, Ill., Sears Holdings announced the promotion of Teresa Byrd to senior VP and general manager of The Great Indoors, effective immediately. She will oversee store operations, merchandising and marketing for the chain.
Byrd previously served as senior VP and general merchandise manager for Sears Essentials and Sears Grand.
Adidas Stands by Forecast
Frankfurt, Germany, German sporting-goods firm Adidas-Salomon reiterated its 2005 profit and sales forecasts and mid-term goals. Adidas, which is buying U.S. rival Reebok to further compete with bigger rival Nike, said it maintains its expectation of a 20% growth in this year’s net income.