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Home Depot bags a fashion coup

BY HBSDealer Staff

It seems as though Home Depot’s latest entry is into the fashion market. According to Paper Magazine, the hardware giant’s signature orange tote bag is quickly becoming a bit of a statement piece among the young and hip.

The evidence? Cameos on Instagram and sightings around New York City (namely in "hipster party photos"). Fashion icons have even been spotted wearing Home Depot jacket patches and t-shirts sporting the logo.

The $2.99 bag, which is currently sold out, is apparently going for as much as $41 on eBay, according to Yahoo! Shine.

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Scotts names new executive VP

BY HBSDEALER Staff

Marysville, Ohio-based The Scotts Miracle-Gro Company named Ivan Smith executive VP, general counsel and corporate secretary. The 10-year company veteran replaces former executive VP Vincent Brockman, who resigned to pursue other interests, the company said.

"Ivan possesses tremendous legal knowledge and experience and has been a strong leader throughout his career," said Jim Hagedorn, chairman and CEO. "His sound judgment and business acumen will serve ScottsMiracle-Gro well in the years to come."

In his new position, Smith has overall leadership responsibility for the company’s global legal function and activities. Since 2009, he has served as assistant general counsel and vice president.  In this role, Smith provided counsel for the Company’s Global Consumer segment. Smith joined ScottsMiracle-Gro in 2003 as associate general counsel and director of litigation.

"Ivan is highly regarded by our operators for his extensive knowledge of the business," said Barry Sanders, president and chief operating officer.  "They rely on his counsel on all aspects of operations, including major transactions, partnerships and sales and marketing activities."

Prior to joining the Company, Smith was a litigator with the international law firm Jones Day. He received a bachelor’s degree from Miami University and received his Juris Doctorate degree from The Ohio State University.

Hagedorn also thanked the outgoing Brockman for his contributions.

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HCN Stock Watch: BXC and LPX are biggest movers

BY HBSDEALER Staff

Some were up, some were down at Wednesday’s close. BlueLinx and Louisiana-Pacific were on the slightly more extreme end of things with a -3.59% and +3.38% change, respectively.

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