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Luxottica Moves into South American Market … and More Industry News

(June 2009) posted on Mon Jun 01, 2009

For the week of June 1, 2009

HIRINGS AND PROMOTIONS

Walmart Stores Inc. (Bentonville, Ark.) has named Vicente Trius executive vp, president and ceo of Wal-Mart Latin America. Trius previously held the same titles at Walmart Asia.

Borders Group Inc. (Ann Arbor, Mich.), a book retailer, has appointed Scott Laverty chief information officer and Paul Devitt director, e-commerce systems.

Trion Industries (Wilkes Barre, Pa.), a fixture manufacturer, has opened an office in Sacramento, Calif., where Linda Rothman will serve as the company’s multi-state representative in the western U.S.

STORE OPENINGS

Nordstrom Inc. (Seattle) will open a Nordstrom Rack off-price store in The Centre at Post Oak shopping center in Houston. The 30,000-square-foot store is slated to open in spring 2010.

Prime Retail (Baltimore), a developer of outlet centers across the U.S. and Puerto Rico, announced that two retailers – Bare Escentuals and Tory Burch – will open stores this summer at its Prime Outlets mall in San Marcos, Texas.

Stonestown Galleria (San Francisco) announced that Sephora and Jade Galore Jewelry & Watch Co. will open stores in the mall this fall.

BUSINESS BRIEFS:

Luxottica Group S.p.A. (Milan), a luxury goods and eyewear producer and retailer, has entered the South American market by acquiring a 40 percent stake in Multiopticas Internacional S.L., a Spain-based operator of nearly 400 eyewear stores in Chile, Peru, Ecuador and Colombia.

Abet Laminati (Englewood, N.J.) a manufacturer of high pressure laminates, has received Greenguard Certification for demonstrating its commitment to indoor air quality. Greenguard is a third-party testing program for low-emitting materials and products that’s run by the non-profit Greenguard Environmental Institute.
 

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