– GERSTEIN JOINS SEARS: Richard Gerstein, most recently global chief marketing officer of Alberto-Culver Co. and senior vice president of its U.S. business, has joined Sears Holdings Corp. as chief marketing officer of the Sears, Roebuck & Co. subsidiary. He succeeds Joan Chow, who left the firm in January. David Polston, vice president of brand development at Sears, had served as acting chief marketing officer in the interim. Gerstein, whose appointment is effective Aug. 6, will report to Maureen McGuire, chief marketing officer of Sears Holdings.
This story first appeared in the July 19, 2007 issue of WWD. Subscribe Today.
– BEVERLY HILLS DENIM: Premium denim company AG Adriano Goldschmied will launch its second store in the Los Angeles area on Friday on South Beverly Drive in Beverly Hills. The 4,000-square-foot unit will feature the brand’s signature denim — priced from $150 to $170 — along with newly expanded knitwear and outerwear collections for men, women and children. The first AG boutique was launched on Robertson Boulevard in West Hollywood in 2004, and though the company plans to keep the store, “We’ve outgrown it,” said Frank Pizzurro, vice president of retail.
– RETIRING AT COACH: Peter Emmerson, Coach’s president of global business development and a 20-year veteran of the company, will retire next June. Chairman and chief executive officer Lew Frankfort praised Emmerson’s “distinguished career.” He said in a statement, “Given the outstanding international team we have built over the past few years, led by Ian Bickley, president of Coach International, we are ensured a seamless transition of our global business development activities.” Coach has fortified its push to Asia and projects it will be a $700 million business by 2009.