PVH and USA Legwear Enter Into License Agreement for Warner’s Socks and Hosiery

NEW YORK, 2017-Apr-15 — /EPR Retail News/ — PVH Corp. [NYSE:PVH] announced today that two of its subsidiaries have entered into a license agreement with USA Legwear LLC under which USA Legwear will manufacture, sell, distribute and promote women’s hosiery and socks under the Warner’s brand. Products will launch for Spring 2018 and be sold primarily in leading department stores, specialty stores, national chains and mass retailers throughout the United States and Canada.

The Warner’s product offering will include women’s sheer hosiery, tights, leggings, thigh highs, knee highs, trouser socks, dress socks, athletic socks, casual socks and boot socks.

“As we seek ways to grow the Warner’s product line, we naturally came upon hosiery as a great fit with our intimate apparel offerings. TheWarner’s brand has a leading market share position in bras and panties, and we believe that USA Legwear can leverage this positioning to develop and grow a hosiery business,” said Ken Wyse, President Licensing, PVH Corp. “USA Legwear has extensive knowledge and experience in this product category, and we look forward to working with them to build this business.”

Aaron Harari, President & CEO, USA Legwear LLC added “We are thrilled to add the Warner’s brand to our current portfolio and expand upon our existing partnership with PVH for its Van Heusen brand. Socks and hosiery are a natural extension for the Warner’s brand. We look forward to bringing the highly successful solutions oriented model to the category through innovation, while continuing to fuel the market share momentumWarner’s has enjoyed over the last several years.”

About PVH Corp.

With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 30,000 associates operating in over 40 countries and over $8 billion in annual revenues. We own the iconic CALVIN KLEIN, Tommy Hilfiger, Van Heusen, IZOD,ARROW, Speedo*, Warner’s and Olga brands, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.

*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International, Ltd.

About USA Legwear, LLC.

Since its founding in 2009, USA Legwear has become a leading global resource for socks and hosiery, while holding true to a singular mission: to elevate the quality of everyday legwear products without sacrificing value. USA Legwear manufactures, markets and distributes for many of today’s leading brands, such as Van Heusen, Reebok, Nautica, AND1, Avia, Buffalo, and Body Glove, with product ranges from infants through adults. The company’s wide range of offerings can be found on the shelves of specialty shops, department stores, mid-tier, and mass retail channels.

PVH CORP. SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements made in this press release, including, without limitation, statements relating to PVH Corp’s (the “Company”) future plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company may be considered to be highly leveraged, and uses a significant portion of its cash flows to service its indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past; (iii) the levels of sales of the Company’s apparel, footwear and related products, both to its wholesale customers and in its retail stores, the levels of sales of the Company’s licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by the Company’s licensors and other factors; (iv) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth and inventory; (v) the Company’s operations and results could be affected by quota restrictions and the imposition of safeguard controls (which, among other things, could limit the Company’s ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials, the Company’s ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company’s products can best be produced), changes in available factory and shipping capacity, wage and shipping cost escalation, and civil conflict, war or terrorist acts, the threat of any of the foregoing, or political and labor instability in any of the countries where the Company’s or its licensees’ or other business partners’ products are sold, produced or are planned to be sold or produced; (vi) disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas, as well as reduced consumer traffic and purchasing, as consumers become ill or limit or cease shopping in order to avoid exposure; (vii) the failure of the Company’s licensees to market successfully licensed products or to preserve the value of the Company’s brands, or their misuse of the Company’s brands and (viii) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.

Risks and uncertainties related to the acquisition include, among others: the risk that the conditions to the closing are not satisfied and the transaction is not completed; uncertainties as to the timing of the acquisition; competitive responses to the acquisition; the inability to obtain, or delays in obtaining, synergies from the acquisition; unexpected costs, charges or expenses resulting from the acquisition; litigation relating to the acquisition; the inability to recognize the expected benefits of the acquisition; the inability to integrate the acquired business without disruption to the acquired business or existing operations; and any changes in general economic and/or industry specific conditions.

The Company does not undertake any obligation to update publicly any forward-looking statement, whether as a result of the receipt of new information, future events or otherwise.

SOURCE: PVH Corp.

Dana Perlman, 212-381-3502
Treasurer and Senior Vice President, Business Development & Investor Relations
communications@pvh.com

 

90% of Businesses Practice Regular Sustainable Activities According to Staples Sustainability Survey

FRAMINGHAM, Mass, 2017-Apr-15 — /EPR Retail News/ —  Staples, Inc. (NASDAQ: SPLS),  an industry leader in sustainable efforts, found that more than 90% of businesses practice some form of eco-friendly activity regularly, including recycling, making energy-efficient choices, and/or shopping for more eco-friendly products.

“Making daily green choices is not a trend, it is a regular ritual and a priority for our customers,” said Mark Buckley, vice president, environmental affairs, Staples, Inc. “Our survey found that both businesses and individuals engage in some form of regular eco-friendly activity both in the workplace and at home, and are actively seeking environmentally conscious choices. Staples is excited to be a trusted partner through our large sustainable product assortment and extensive recycling services.”

The Staples sustainability study revealed:

  • 89% of businesses and consumers believe that eco-friendly products are the same or higher quality than non-eco products
  • While 74% of consumers recycle containers made of glass, metal or plastic, only 51% recycle electronics at the end of their life
  • 59% of businesses implement one or more energy efficient practices

The findings come from the Staples sustainability survey, conducted by Frank N. Magid Associates, Inc. to further understand the commitment of businesses and consumers to sustainability in the workplace and at home. This 2016-2017 customer sustainability survey was conducted online, among 600 U.S. consumers and 1,300 businesses (small businesses to commercial and enterprises), from December 28, 2016 to January 6, 2017. Those surveyed were the office or household product and service decision-maker or influencer.

Earlier this month, ENERGY STAR recognized Staples for its energy efficiency practices, awarding the company an ENERGY STAR Partner of the Year Award for the eighth year in a row. This recognition is just one of the many ways Staples is leading the industry in various sustainable practices including conserving energy, selling more sustainable products and recycling. In 2016, Staples, the only retailer to offer completely free electronics recycling year round, helped customers recycle more than 25 million pounds of office technology and sold more than $4 billion in products with environmental features globally.

Earth Week Celebrations In-Store and Online
During Earth Week (April 16- April 23) Staples is further incentivizing customers to make greener choices with various electronics recycling offers and discounts on select eco-friendly office essentials including Staples® Sustainable Earth ™ products.

  • Electronics Recycling – While Staples offers free electronics recycling all year round, during Earth Week Staples Rewards members who recycle old electronics will receive a coupon for $10 off their next purchase of $30 or more. The offer is redeemable in store for Rewards Members only. Customers who are not already Rewards Members can easily sign up online or in-store to be eligible for the coupon.
  • Eco-Friendly Office Essentials Including Sustainable Earth™ by Staples– During “Earth Week” customers can enjoy 30% off their online purchase of select eco-friendly office essentials. Staples® Sustainable Earth ™ products include high-quality surface cleaners, recycled paper products and office supplies that are economical and sustainable for a range of needs.

For more information on how Staples is helping customers be more sustainable at work and at home, visit http://www.staples.com/sustainability.

About Staples, Inc.
Staples helps business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates primarily in the United States and Canada, with additional operations in South America and Asia. More information about Staples(NASDAQ: SPLS) is available at www.staples.com.

SOURCE: Staples, Inc.

Staples, Inc.
Meghan McCarrick, 508-253-2379
Meghan.McCarrick@Staples.com
or
Carrie McElwee, 508-253-1405
Carrie.McElwee@Staples.com

Staples Recognized for Energy Efficiency Achievements for Eighth Consecutive Year

FRAMINGHAM, Mass, 2017-Apr-15 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) has been named a 2017 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for continued leadership in protecting the environment through superior energy efficiency achievements, the eighth year in a row the company has been honored. Staples’ accomplishments will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. on April 26, 2017 at a ceremony at the Marriott Wardman Park Hotel.

Staples, an ENERGY STAR partner since 1990, will be honored for the contributions made to energy reduction at their facilities, its continued commitment to climate change and going above and beyond for educating associates and future generations of students. The company has reduced its kwh consumption every year by participating in the ENERGY STAR program, engaging associates on the benefits of energy reduction via employee rallies and utilizing energy saving campaigns complete with signage, graphics and videos, to help the company meet its energy reduction goals.

“Our success is based on continuous improvement, a focus on strategy and implementation, and a seasoned energy team that is relentless in getting things done,” said Bob Valair, Staples’ director of energy and environmental management. “We are fortunate to have an executive team at Staples that supports our implementing projects that impact our bottom line and ability to have a positive impact on climate change.”

In 2015 alone, ENERGY STAR and its partners saved American businesses and consumers 503 billion kilowatt hours and $34 billion dollars on their energy bills, while achieving broad emission reductions.

The 2017 Partner of the Year – Sustained Excellence Awards are bestowed upon a diverse set of organizations that have demonstrated continued leadership in energy efficiency. Winners hail from small, family-owned businesses to Fortune 500 organizations – representing energy-efficient products, services, new homes, and buildings in the commercial, industrial, and public sectors.

For a complete list of 2017 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners.

About Staples, Inc.
Staples helps business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates primarily in the United States and Canada, with additional operations in South America and Asia. More information about Staples(NASDAQ: SPLS) is available at www.staples.com.

About ENERGY STAR
ENERGY STAR has 16,000 partners working to protect the environment through greater energy efficiency, including manufacturers, retailers, public schools, hospitals, real estate companies, and home builders. Since 1992, ENERGY STAR and its partners have saved American families and businesses $430 billion on their energy bills and 4.6 trillion kilowatt-hours of energy, while achieving broad emissions reductions—including 2.8 billion metric tons of greenhouse gas emissions.

ENERGY STAR® is the simple choice for energy efficiency. For 25 years, EPA’s ENERGY STAR program has been America’s resource for saving energy and protecting the environment. Join the millions already making a difference at energystar.gov.

SOURCE: Staples, Inc.

Staples, Inc.
Scott Michel, 508-253-4272
Scott.Michel@staples.com
or
ENERGY STAR
Kristinn Sharpe, 202-343-9062
Sharpe.Kristinn@epa.gov

Two New RONA Stores Opens in Quebec

Boucherville (Québec), 2017-Apr-15 — /EPR Retail News/ — Today (April 13, 2017), Lowe’s Canada announced the official opening of two new RONA stores in Quebec: in Saint-Félix-de-Valois and Rouyn-Noranda. With the opening of these two stores, the banner is accelerating the growth of its network. This investment of more than $4 million will create 21 jobs in Saint-Félix-de-Valois and 30 jobs in Rouyn-Noranda.

“We are proud to continue the expansion of RONA, a banner that has clearly been identified as a strategic growth driver for Lowe’s Canada,” said Sylvain Prud’homme, President and CEO of Lowe’s Canada. “We undertook to reposition the RONA banner with the goal of making it the number one banner in the proximity store market (small and medium size) in Quebec and Canada. This market represents about 56% of the home improvement market in Canada. The opening of the RONA stores in Saint-Félix-de-Valois and Rouyn-Noranda is part of this dynamic.”

The two new RONA stores, strategically located in the heart of popular commercial areas, offer a shopping experience and a value proposition that make this banner so popular among consumers. The RONA store in Saint-Félix-de-Valois has an area of nearly 19,300 square feet, plus a 13,000 square-foot indoor lumber yard. For its part, the RONA in Rouyn-Noranda takes up 32,000 square feet of space, in addition to a lumber yard of more than 90,000 square feet.

Customers of these two new locations, which carry 12,000 to 20,000 products, will also have access to the full range of RONA products on rona.ca. Each store offers the following major product categories: paint, lighting, hardware, electricity, tools and seasonal products. They also have specialized departments for building materials, doors and windows, bathrooms and kitchens, plumbing and flooring. Services offered at these new RONA locations include installation, cutting, delivery, as well as sales to businesses and contractors. Customers will be also able to take advantage of the AIR MILES® rewards program and the very attractive RONAdvantages financing program.

“This year, RONA is implementing more growth projects in one year than it has over the past five years. With the opening of four new proximity stores, the major renovation of nine stores, the introduction of appliances, the extensive review of our product selection in several categories, and the development of an omni-channel strategy (web, mobile and store), our customers can make their choices when, where and how they want to,” added Serge Éthier, executive vice-president, RONA Proximity. “The experienced RONA teams in Saint-Félix-de-Valois and Rouyn-Noranda will be able to guide and advise local consumers on their renovation and construction projects. In this regard, our stores will be indispensable in their respective markets.”

To underscore its commitment to the local community, the RONA store in Saint-Félix-de-Valois made a financial contribution of $5,000 to the Club de Volleyball Drakkar at École secondaire de l’Érablière. This donation is intended to support this organization, which promotes sports in school while giving priority to the academic component and supporting all the athletes, who are a source of pride for the local community, distinguishing themselves on the provincial and national levels. For its part, the RONA store in Rouyn-Noranda presented a financial contribution of $5,000 to the Club optimiste Rouyn-Noranda. This donation will enable the organization to support the community’s primary schools, along with young people, so that they can develop their full potential.

Note that on Saturday, April 15, from 10:00 a.m. to 1:00 p.m., the RONA store in de Saint-Félix-de-Valois will receive a very special guest: NASCAR Pinty’s Series racer Alex Tagliani, who is proudly sponsored by Lowe’s Canada and all of its banners for the 2017 season. He will be available for a photo and autograph session with his No. 18 car from Tagliani Autosport.

To share this news on social media, please use #RONAOpenings and @RONAinc.

About Lowe’s Canada

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe’s and its related businesses operate or service more than 2,355 home improvement and hardware stores and employ over 285,000 employees. Based in Boucherville, Quebec, Lowe’s Canadian business, together with its wholly owned subsidiary, RONA, inc., operates over 535 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe’s, RONA, Réno-Dépôt, Marcil, Dick’s Lumber and Ace. In Canada, the companies have more than 24,000 employees, as well as more than 5,000 employees in the stores of RONA’s independent affiliate dealers. For more information, visit Lowes.ca.

SOURCE: Lowe’s

For more information, please contact:

Valérie Gonzalo
Media Relations
Lowe’s Canada – RONA
Tel 514.626.6976
media@rona.ca

SaveMart In TehaChapi Celebrates With A Grand Reopening

Tehachapi, CA, 2017-Apr-15 — /EPR Retail News/ — Company officials and community leaders, including Mayor Ed Grimes, celebrated the grand reopening of the Save Mart store in Tehachapi today with a ribbon-cutting ceremony. The event marked the culmination of a months-long transformation that modernized the store both on the inside and outside, including the logo.

“The interior looks amazing. You’ll want to shop all day here. We’re offering more products and services that today’s families want,” said Store Manager Tim King. “It’s essentially a brand new store for the community.”

As a result of the renovation, this Save Mart location added 20 new jobs.

This is the sixth store under the Save Mart banner to incorporate the brand’s fresh, updated look and the new features geared toward convenience and service, including:

  • Burrito/taco/nacho bar
  • A “Valley Fresco” case with vegetable/fruit-infused water & fresh-cut produce
  • Specialty sandwiches
  • Salad & hot soup bar
  • New meat counter
  • Expanded selection of natural, organic & bulk foods
  • Café seating with Wifi
  • Self-checkout lanes

To reinforce Save Mart’s commitment to the community, Tehachapi High School Band and Flag Team and Have a Heart Humane Society each received a $500 donation to commemorate the store’s grand re-opening. All year long, the company supports about 60 local schools and charities through the Shares powered by eScrip program, which donates up to 3% of purchases to those non-profits.

SOURCE:  Save Mart Supermarkets

For media questions:

please contact Stacia Levenfeld at 925-833-6135.