In Brief: Renewing Vows … May Promotes Kantor … Reebok Promotion
RENEWING VOWS: Inter Parfums SA, which has produced one of the market’s hottest fragrance brands with Burberry Brit for women and men, has extended its licensing agreement with the British fashion house for another 12 and a half years,...
RENEWING VOWS: Inter Parfums SA, which has produced one of the market’s hottest fragrance brands with Burberry Brit for women and men, has extended its licensing agreement with the British fashion house for another 12 and a half years, according to the New York parent, Inter Parfums Inc. The announcement added that there is also an option to extend the contract for another five years, subject to mutual agreement. The pact, which originally began in 1993, has been expanded to include skin care and personal care, and Inter Parfum executives indicated that they have plans to enter those categories with the Burberry name. The company also noted that the royalty rate has been doubled, as of July 1, 2004, the beginning date of the new contract extension.
MAY PROMOTES KANTOR: The May Department Stores Co. promoted Jeffrey A. Kantor to president and chief executive officer of its Washington-based Hecht’s/Strawbridge’s unit effective Nov. 1. As previously reported, Frank Guzzetta, the current president and ceo of Hecht’s/Strawbridge’s, is slated to become the president of May’s newly acquired Marshall Field’s division effective Jan. 1, after its current president, Linda M. Ahlers, retires. Guzzetta, 49, will join Marshall Field’s on Nov. 1, however, to begin the transition. Kantor, 45, has been employed at May for 23 years and was most recently overseeing cosmetics, accessories, dresses, suits, intimate apparel and hosiery for May’s Filene’s/Kaufmann’s unit, the St. Louis-based company said in a statement Tuesday.
REEBOK PROMOTION: Reebok International has promoted Denise Kaigler to the post of senior vice president and chief communications officer. Kaigler, 42, will report to Reebok chairman and chief executive officer Paul Fireman and is now a member of the company’s nine-person executive leadership team. In her new role, she oversees the company’s worldwide communications strategy and is the firm’s chief company spokeswoman. Kaigler joined Reebok in 1991 and has held several communications posts since that time, most recently as vice president of global communications and talent relations.
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