News

In Other News: Nordstrom’s Cautious Canadian Move

Nordstrom

Blake Nordstrom tells the Globe and Mail that he’s erred on the side of overstocking the Calgary store at the expense of margins.

Coach Opening a Paris Flagship

Coach

Coach’s Europe president Nigel Darwin calls the store a pivotal move in the brand’s development in Europe.

David Peyser Sportswear Acquires The Game Headwear

Delta Apparel has finalized the $14.5 million sale of The Game to David Peyser Sportswear’s MV Sport division.

Nike Promotes Spillane to GM, Global Footwear

Nike

Nike has promoted the general manager of its Greater China business Michael Spillane to VP and GM of Global Footwear.

Hardwick Clothes Launches New Collection, Makes Several Key Hires

HardwickFEATURED-LARGE

Since Bruce Bellusci joined Hardwick as CEO last summer the 135-year-old Tennessee tailored clothing manufacturer has staffed up and launched an American-made three-quarter-canvas collection at a price, aimed at younger men.

Obituary: George Coffman

George Coffman with sons Bill and John

George Coffman, founder of Coffman’s Mens Wear in Greenville, N.C. passed away on Friday, February 27. He was 85.

American Eagle Promotes Kessler, Foyle to Brand Presidents

American Eagle Outfitters

American Eagle Outfitters Inc. promoted two of its chief merchants to global brand presidents.

Hampshire Group Fires CFO Trey Darwin

Hampshire Group announced today that it has “terminated” CFO and treasurer Trey Darwin, effective Monday, March 2.

Target to Restructure, Eliminate Thousands of Jobs

Target

Target announced some impressive growth plans but it’s the “several thousand” job cuts that are getting all the attention.

Where Does Fashion Rank in the Forbes List of Billionaires?

Michael Jordan

Who made the cut? Michael Jordan is in, Michael Kors is out and many of the usual suspects, like the Waltons, LVMH’s Bernard Arnault, H&M’s Stefan Persson and Nike’s Phil Knight, got richer.