Pearle Europe buys out optical chain in Luxemburg

Wednesday, April 02, 2008 (Netherlands)

Pearle Benelux completed the acquisition of Steffen Optique in Luxemburg. With this acquisition, Pearle Benelux enters the optical market in Luxemburg.

Steffen Optique operates 4 stores, of which one in the capital Luxemburg, and it has signed a rental contract to open a 5th store.

The stores will be re-branded into Pearle and the stores will be integrated in the Belgium sales organization.

After this acquisition, Pearle Europe now operates in 16 European countries.

Pearle Europe is an optical retail company that started in November 1996 with the acquisition of Pearle Netherlands from the US based Pearle Vision Inc.

Pearle Europe B.V.

Mr Baxter to lead VF Imagewear Businesses

Wednesday, April 02, 2008 (USA)

VF Corporation announced that it has promoted Scott Baxter to President of its Imagewear coalition, effective immediately. In his new role Baxter will be responsible for the Company's licensed sports and occupational apparel businesses, which are based in Tampa, Florida, and Nashville, Tennessee, respectively.

Baxter, 43, joined VF Imagewear in November, 2007 as President of its Activewear Division, which markets branded apparel under agreements with licensors such as the National Football League, Major League Baseball, Harley-Davidson, the National Hockey League, the National Basketball Association, leading colleges under the ESPN College GameDay(TM) brands, ESPN and NASCAR's leading teams and drivers.

Prior to joining VF, Baxter served as Senior Vice President of Home Depot and leader of the retailer's Home Services Division. Baxter also has served as Executive Vice President of Edward Don & Company, a leading foodservice equipment and supply distributor based in Chicago, and President of LNC Corporation's Restaurant Leadership Group based in Tempe, Arizona. He also has held senior sales and business development positions with PepsiCo and Nestle.

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