On Wednesday, Guess?, Inc. (NYSE:GES)’s shares inclined 7.41% to $21.32.
Paul Marciano, Co-Founder and Chief Executive Officer of Guess?, Inc. (GES), announced today that Victor Herrero will be his successor and new CEO of Guess?, Inc. in August 2015. Paul Marciano will replace Maurice Marciano as Executive Chairman of the Board and will continue serving as Chief Creative Officer. Maurice Marciano will remain a director, and has been named Chairman Emeritus by the Board of Directors.
Victor Herrero joins Guess? with over twenty years of global experience spanning Europe and Asia. Victor served as the head of Asia Pacific for Inditex Group, the world’s largest fashion retailer with brands including Zara, Massimo Dutti, Pull & Bear, Bershka, and Stradivarius. In the past 10 years, Victor was responsible for building Inditex’s multi-billion dollar business in Asia.
Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of contemporary apparel and accessories for men, women, and children that reflect the American lifestyle and European fashion sensibilities. It operates through North American Retail, Europe, Asia, North American Wholesale, and Licensing segments. The company’s clothing collection comprises jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear, and intimate apparel. It also grants licenses to manufacture and distribute various products that complement its apparel lines, such as eyewear, watches, handbags, footwear, kids and infants apparel, outerwear, swimwear, fragrance, jewelry, and other fashion accessories.
Dr Pepper Snapple Group Inc. (NYSE:DPS)’s shares gained 2.13% to $76.62.
Dr Pepper has a heritage of elevating unique stories and people – such as Romeo Santos, Latin superstar and Grammy-nominated Bachata singer – who break the mold and dare to make the world their own. To continue its celebration of curiosity and individuality, especially among the Hispanic community, Dr Pepper is hosting a private concert featuring Santos on Wednesday, July 15 as part of its “Dare to Discover” campaign. The exclusive event kicks off the brand’s presence at this year’s Premios Juventud and dares fans to discover the unique flavors of Dr Pepper – and life in general.
This month, Dr Pepper has chosen two outstanding students to receive $75,000 in scholarships as part of the “Dare to Discover” campaign, which encourages Hispanic students to follow their dreams and reach for their aims. The annual scholarship program targets high school seniors of Hispanic heritage who are pursuing a higher education, ultimately selecting recipients based on academic achievement, financial need and an essay submission.
Dr Pepper Snapple Group, Inc. operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the United States, Canada, Mexico, and the Caribbean. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages.
At the end of Wednesday’s trade, Sinclair Broadcast Group Inc (NASDAQ:SBGI)‘s shares surged 1.71% to $25.61.
Sinclair Broadcast Group Inc. (SBGI) declare that its Washington, D.C. news station, WJLA, and its cable news network, News Channel 8, received 13 regional Emmy Awards this year, more than the station has won in the last ten years. The Emmy® Award is the premier television production award presented in the areas of entertainment, news, documentary, and sports programming.
WJLA won awards for best newscast for Daytime, Evening, and Weekend coverage. More importantly, the WJLA news staff was honored with the prestigious ‘Overall Excellence’ Award for their superb reporting and dedication in the newsroom.
Sinclair Broadcast Group, Inc., a diversified television broadcasting company, owns and operates, programs, or provides sales services to television stations in the United States. It broadcasts free over-the-air programming, such as network offered programs, news produced locally, local sporting events, programming from program service arrangements, syndicated entertainment programs, and other locally produced programs.
WhiteWave Foods Co (NYSE:WWAV), ended its Wednesday’s trading session with 6.60% gain, and closed at $44.88.
The WhiteWave Foods Company ( WWAV ) stated record results for the second quarter ended June 30, 2015.
Net sales for second quarter 2015 were $924 million, a 10 percent enhance from net sales of $838 million in second quarter 2014. These results were driven by strong growth across the Americas Foods & Beverages and Europe Foods & Beverages segments and a benefit from the inclusion of So Delicious Dairy Free ® that was attained in fourth quarter 2014. On a constant currency basis, net sales raised 14 percent in second quarter 2015 over the same period in 2014. Not taking into account acquisitions, organic constant currency net sales raised 9 percent in second quarter 2015 over the same period in 2014.
Adjusted operating income for second quarter 2015 raised 20 percent to $85 million, contrast to $71 million in second quarter 2014. On a constant currency basis, adjusted operating income raised 24 percent in second quarter 2015 over the same period in 2014.
The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, salads, fruits and vegetables, coffee creamers and beverages, and dairy products and organic produce in North America and Europe. It operates in three segments: Americas Foods & Beverages, Americas Fresh Foods, and Europe Foods & Beverages.
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