Report: Stella McCartney to Open Stores in India
London Stella McCartney will open six stores in India over the next two years as a result of a new distribution deal with TSG International Marketing Pvt. Ltd., according to a report in Women’s Wear Daily.
The company said the deal with TSG was long-term.
The first two freestanding stores will open by the end of the year, and the remaining four will follow over the next few years.
In addition to opening stores, TSG holds the exclusive distribution rights to the Stella McCartney brand in India, and will further develop the designer’s name there, the report said.
MIPS Technologies appoints new cfo
MOUNTAIN VIEW, Calif. MIPS Technologies, a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, has appointed Maury Austin as the company’s new cfo, reporting to president and ceo John Bourgoin.
“I am pleased to welcome a seasoned, versatile financial veteran such as Maury to our team,” said Bourgoin. “Following the acquisition and integration of Chipidea, MIPS Technologies has entered a new phase, with two strategic business groups and an aggressive growth strategy. Maury’s impressive depth and business acumen will be critical for MIPS, and I look forward to his contributions and leadership as we continue to drive innovation in the global IP market.”
Most recently Austin served as senior vp and cfo of Portal Software, where, working with the executive staff, he drove redevelopment of the company’s business model and was instrumental in its subsequent acquisition by Oracle.
Hall joins NexCen as cfo
NEW YORK NexCen Brands has appointed Kenneth Hall as evp, cfo, and treasurer, effective March 25. He will be responsible for all aspects of the company’s financial management and human resources functions. He replaces David Meister, who is leaving the company.
Hall most recently served as the cfo and treasurer of Seevast, a leading online-media holding company comprised of ad networks, Pulse 360 and Kanoodle, and a domain asset management company, Moniker, which was recently sold.