J.C. Penney filed a registration statement with the Securities and Exchange Commission late Monday that would allow for activist investor Bill Ackman to unload his entire stake in the company via a secondary stock offering.
Weight Watchers International has named Ann Hollins as the company's chief human resources officer. Hollins will report to president and CEO Jim Chambers and will serve as a member of the Weight Watchers executive committee.
Russell Athletic brand deployed its brand ambassador and Washington wide receiver Pierre Garcon to three Washington, D.C.-area high schools. Garcon delivered Russell Athletic uniforms to the school's respective football teams.