Calvin Klein CEO Tom Murry on a changing luxury market. Calvin Klein CEO Tom Murry talks about halos. Confiding that the Collection component of his business ($200 million at retail out of a $6 billion global business) is a money loser (“We’ll probably never make money on it: if we do, wonderful; if not, it [...]

Getting agressive: After 40 years with Coppley, the new chairman has new plans. How did you first get involved with Coppley? I was working for Hardy Amies when that company signed a license with Coppley Canada in 1969. Hartmarx bought Coppley in ’98; it was sold to Emerisque in 2009. Suddenly I was out, and [...]

Change is happening: in pricing, product mix, and expectations. At a recent meeting with Tom Murry of Calvin Klein, we talked about pricing. “Every zone we operate in has seen price adjustments,” he observes, “with a higher penetration of the mix now at opening price. Obviously the most challenged zone is luxury, and more in [...]

Not satisfied with a bigger slice, PVH’s Marc Schneider wants a bigger pie. At an informal meeting a few months back, I told Marc Schneider, former Macy’s executive and current president of the recently consolidated PVH furnishings division, a story about how my father got his first job at Macy’s. It was during the Depression [...]

Here’s to a new year of people, progress and profits! My friend (former Men’s Wearhouse exec) Richie Goldman recently e-mailed me about a worthy charity he founded. Wanting to make a donation, I clicked on the website and noticed only credit card options, no mailing address. I e-mailed him back, asking for a mailing address [...]