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Emilia Fabricant Joins Aéropostale

Thursday, August 23rd, 2012

Emilia Fabricant, who last week left her post as president of Bebe Stores Inc., has been appointed Executive Vice President of the Aeropostale brand. She will be responsible for all aspects of design, merchandising and production for the brand, and will report to Thomas P. Johnson, Chief Executive Officer.

“We are thrilled to have someone of Emilia’s caliber and talent join the Aeropostale team. Emilia has a proven track record of creating and executing the type of merchandise and operating strategies that will enable us to continue to evolve our brand, Emilia will be an incredible asset to our organization, and we look forward to her many contributions to our business.” Johnson said Wednesday.

“Aéropostale presents an incredible opportunity for me to join one of the most highly respected and highly productive specialty retail brands in the market,” Fabricant said.

Fabricant most recently served as President of Bebe Stores. Prior to that, she was President and Chief Merchandising Officer of Charlotte Russe Inc. Earlier in her career, she founded Cadeau Maternity, also serving as its President and Chief Merchandising Officer, after the company was acquired by eStyle. Fabricant began her merchandising career with Barneys New York, where she worked in the Co-op division and held executive positions of increasing responsibility, rising to Senior Vice President, Divisional Merchandise Manager and Outlet Division.

Aéropostale specializes in casual apparel and accessories, primarily for 14- to 17-year-old women and men through its Aéropostale stores and Web site. It also targets 4- to 12-year-old kids through its P.S. from Aéropostale division. The company currently operates 915 Aeropostale stores in 50 states and Puerto Rico, 75 Aeropostale stores in Canada and 97 P.S. from Aeropostale stores in 21 states. In addition, its licensees operate 20 Aeropostale and P.S. from Aeropostale stores in the Middle East, Asia and Europe.

Rebecca Damavandi Joins Kellwood

Thursday, August 23rd, 2012

Rebecca Damavandi has joined Kellwood Co. as group president of global business development, a new position for the apparel firm. Damavandi, who began on Monday, reports to Jill Granoff, Kellwood’s chief executive officer. Both Granoff and Damavandi are based in New York.

In her new role, Damavandi is responsible for global licensing and international business development for the Vince, Rebecca Taylor and David Meister brands. Categories for potential product extensions include accessories, handbags and footwear as the firm considers its options for growing the businesses into lifestyle brands.

Damavandi said she is looking forward to “building strategic alliances for each of these brands to grow the businesses both domestically as well as internationally.”

Prior to joining Kellwood, Damavandi was a consultant for two years advising major apparel brands on global issues. Damavandi was also president of licensing and global business development for Elie Tahari, where she established a new corporate division in licensing and distribution. While at Tahari, she developed a five-year business strategy on global expansion that included the launching of new product categories as well as negotiating distribution and retail agreements for South Korea, Turkey, Spain, Greece, U.K. and the Middle East. Damavandi previously held senior global licensing positions at VF Corp. and Guess Inc.

Kellwood is owned by an affiliate of private equity firm Sun Capital Partners Inc.

Pacific Brands CEO Morphet steps down as losses widen

Wednesday, August 22nd, 2012

Australian clothing and footwear company Pacific Brands has announced that CEO Sue Morphet will step down after the company booked widening full-year net losses. The company said that Morphet will be replaced by former Fosters CEO John Pollaers, effective 3 September.

The announcement came as the company recorded an A$450.7m full year net loss, widening on the $131.9m loss recorded in the prior year. It attributed the losses $502.7m in non-cash write-downs of goodwill, including $114m in the second half, relating to home wares and work wear. Sales fell 18% over the year to $1.3bn. Excluding the loss of a contract with retailer Kmart, sales fell 4.3% over the year.

EBIT before significant items fell 30.7% to $129.1m, with Morphet emphasising that it was at the high end of its guidance of $125-130m.

Company chairman Peter Bush said that Morphet has driven a “transformational restructuring of Pacific Brands”, taking the business from having “well over 300 brands and a significant brands and a significant debt load to being the consolidated, key brand-focused, comparatively low-debt company it is today”.

Bush added that Pollaers brings a “different set of skills and experience” to the company. ”John is well known in Australia and internationally for his ability to motivate and build confidence in his teams. He sets clear strategic directions, focuses on operational delivery and brings a strong commercial conscience. John has a terrific record of managing and building great brands and the board welcomes his enthusiasm for Pacific Brands,” said Bush.

Libby Edelman joins back Sam Edelman Team

Wednesday, August 22nd, 2012

Libby Edelman, one of the creative visionaries behind footwear brand Sam Edelman, will be rejoining the team in a new role to help drive the marketing and licensing of the line as it expands into new markets, including intimate apparel and outerwear.

The Brown Shoe Company-owned brand said Edelman will provide “creative vision” to the evolution of the brand as it continues to expand with new opportunities..

Diane Sullivan, president and CEO of Brown Shoe Company said: “Libby has been an integral part of the success of the Sam Edelman brand over the years, and we are thrilled to have her back on the team… Nobody knows Sam better than Libby, and she can help take his voice and integrate it throughout everything the brand is doing, from footwear to intimate apparel to outwear.”

The couple has worked together for more than 30 years, launching the Esprit footwear business in 1983 and the Sam & Libby brand in 1987.

Libby was a noted senior fashion editor in the ‘70s and early ‘80s with magazines such as Harper’s Bazaar, Seventeen and Glamour, followed by a major role as director of public relations at Calvin Klein. After moving to California in 1983, Libby joined Sam as president of the Esprit Children’s Division.

“I took some time off to replenish my creative spirit through photography and travel, including a trip to Peru for Soles4Souls, an organization that collects new and used shoes for those in need. I had a great time but it felt right to come back refreshed and ready to synergize my energy with Sam’s new projects and collections. Even though I know him very well, he always surprises me with his ideas and that is an inspiring environment to be a part of,” said Edelman.

Brown Shoe Company is a 2.6 billion dollars, global, footwear manufacturing company. More than 130 years old, the company operates more than 1,300 retail stores across the United States, Canada and China. It also designs, sources and markets many well-known wholesale shoe brands — such as Naturalizer, Dr. Scholl’s Shoes, LifeStride, Sam Edelman, Franco Sarto, Via Spiga, Vera Wang, Avia and Ryka. In addition to its retail and wholesale operations, it also operates ecommerce sites.

Finish Line Appoints Amber Vanes As VP, Planning And Allocation

Tuesday, August 21st, 2012

Finish Line Inc. announced that it has appointed Amber Vanes as its vice president, planning and allocation.

Vanes has been with Finish Line for seven years, most recently serving as Senior Buyer/DMM for The Running Specialty Group. Finish Line, which acquired The Running Specialty Group last year, operates 19 specialty running shops in seven states and the District of Columbia under The Running Company banner as a joint venture with Gart Capital Partners.

Prior to Finish Line, Vanes worked as a Senior Business Analyst at Marshall Field and Company.

Topman starts search for new boss

Monday, August 20th, 2012

Arcadia has kicked off the hunt for a new managing director for Topman, following the promotion of David Shepherd in April.

It is understood that the Sir Philip Green-owned business has approached some of the industry’s biggest names in menswear in a bid to fill one of the highest-profile roles in the sector.

Arcadia had not confirmed at the time of Shepherd’s promotion to Arcadia chief operating officer for trading whether he would be replaced, but some potential candidates have now been approached, although no appointment is imminent.

It is understood the managing director will report into Green.

Green said: “The plan is at some point to find somebody permanent to fill that role but finding the right people takes time, so when we find the right person we will make an appointment.”

Shepherd, who joined Arcadia almost 18 years ago as a Saturday boy, was also appointed to the board in April.

Meanwhile, Topman is tapping into the demand for tailoring by creating a premium suiting line. The six-piece range will launch at the end of September and be extended in time for Christmas.

Pacific Sunwear promotes VP of men’s merchandising

Monday, August 20th, 2012

Teen sportswear retailer Pacific Sunwear of California has promoted Alfred Chang to vice president of men’s merchandising and design.

He succeeds senior vice president of men’s merchandising Charlie Mescher, who has resigned. Chang, who has been with the company since 2006, most recently served as vice president of men’s merchandising.

“Alfred is a strong merchant and one of our rising talents, with a deep passion for brands, fashion and California Lifestyle,” said Gary Schoenfeld, president and CEO of Pacific Sunwear. “Brands are once again the cornerstone of our men’s business. I look forward to working closely with Alfred and the rest of our men’s team to further PacSun’s brand relationships and continue to build upon our 30-year heritage.”

Stuart Weitzman promotes Kulkin to vice chairman

Monday, August 20th, 2012

Stuart Weitzman, a division of The Jones Group, has promoted Wayne Kulkin to the newly-created role of vice chairman, as part of the company’s wider expansion plans. The former president of the apparel group will continue to report to executive chairman Stuart Weitzman in his new role.

“Wayne has been a true partner over the last 22 years,” Weitzman, executive chairman for his namesake brand, said in a statement. “His passion and creativity have contributed to consistent improvement and growth, year after year. I have the utmost confidence that Wayne is the right person to help manage our development and growth strategy.”

And this is the first of more shifts to come for the brand, the company said as part of a growth initiative it intends to execute its plans of international growth in retail, wholesale and e-commerce along with product extensions.

Additional executive roles, including global president, will be created as part of the company’s planned expansion. Weitzman is currently searching for a new global president to report to Kulkin. The search is being conducted by Kirk Palmer & Associates.

Body Central names Stoltz COO and interim CEO

Monday, August 20th, 2012

US retailer Body Central has promoted executive vice president and CFO Tom Stoltz to COO and interim CEO. He will replace Allen Weinstein, who is retiring. As interim CEO, Stoltz will manage the company’s daily operations and continue to serve as CFO.

John Haley, chairman of the board, said: “The board has initiated a search for a CEO who will bring a strategic approach to achieving the long-term vision for the business. The company remains focused on growth that will be driven by comparable store sales, opening new stores and expanding our direct business.”

Body Central has also appointed Robert Glass to the board. Glass, who has 38 years retail experience, has previously held a variety of management roles at apparel chain Loehmann’s as well as Gold Circle Stores, a division of Federated Department Stores.

As part of the Body Central’s expansion of its management team, the company is also looking to appoint a general merchandise manager.

Ross Stores CEO Balmuth to become chairman in 2016

Thursday, August 16th, 2012

Value retailer Ross Stores Inc has revealed vice chairman and CEO Michael Balmuth has had his employment agreement extended through to May 2016, when he will become chairman as part of the company’s management succession plan.

Under the arrangement, Balmuth will serve as CEO until 1 June 2014, when he will become executive chairman. At the same time, the Board expects to elect a new CEO from its senior executives itself.

Balmuth said: “The board and I firmly believe this type of management transition will allow us to remain focused on executing the strategies that have been key to our outstanding financial results over the past several years. We are also confident this succession plan will help us continue to maximise future stockholder returns.”

The company also announced that Board Chairman Norman Ferber will become Chairman Emeritus in June 2014, with his current consulting responsibilities to remain unchanged.