A Toronto-based skin care company expects to make $300 million this year as sales surge on a product line sold at a fraction of the cost of its competitors. But while Deciem has shaken up the industry and attracted a legion of fans, the company CEO's social media antics have drawn criticism and not a little confusion. Established in 2013, Deciem is a young business bursting at the seams of its headquarters in a converted downtown warehouse. Founder and CEO Brandon Truaxe, 40, is bursting, too — with confidence and ambition. "A year and a half from now we're going to be the size of Dolce & Gabbana," he predicted, referring to the Italian fashion powerhouse that made about $1.5 billion US last year.
A joint venture will be created consisting of Kaufhof, HBC’s German department store chain, and Signa’s Karstadt, German magazine says
The first store decked out in the chrome yellow of Loblaws' No Name products opens in Toronto in 1978.
Davis to stay on with company until it makes a smooth transition to new chief executive