JC Penney president in town
A top ranking delegation from the leading US retailer JC Penney, headed by Ken Hicks, the president and chief merchandising officer, arrived in Dhaka yesterday, says a press release.The other members of the delegation include Peter McGrath, executive vice president and director of Product Development & Sourcing, Catherine West, executive vice president and chief operating officer, Lana Cain Krauter, executive vice president and general merchandise manger, Jeff Allison, executive vice president and director of Planning & Allocation, and Ron Schulman, vice president and director of Sourcing. The team is scheduled to visit Beximco Industrial Park today, where Beximco, the largest private sector business conglomerate in Bangladesh, owns and operates one of South Asia's largest vertically integrated textile operations. BSS adds: JC Penney, a $20 billion business conglomerate on RMG concern and one of the largest apparel retailers in North America, is the largest customer of Bangladesh apparel.
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