Greg Foran, who was named president and chief executive officer of Wal-Mart China in February 2012, has been chosen to head the discounter’s troubled Asian division, where store closures and weak sales have been thwarting the retailer’s efforts to reverse slowing growth in the U.S.
Foran, a 30-year retail veteran who joined Wal-Mart in 2011, began his career in New Zealand and Australia, starting with a part-time job stocking shelves and eventually becoming head of Woolworths’ Supermarket Division.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)