NEW YORK -- Judy Harrison has been named president and chief executive officer of the Crystal Brands Jewelry Group, effective Feb. 14.
Charles J. Campbell, chairman and chief executive officer of Crystal Brands, the parent company, had been president of the jewelry group on an interim basis following the departure of Henry Seigal last November to become president of The Greif Cos.
Harrison had been president of the handbag and small leather goods division of Liz Claiborne since January 1992. Prior to that, she was president and chief executive officer of Yves Saint Laurent Parfums, and worked in various capacities for the Hecht's division of May Department Stores Co.
Carol Hochman has been promoted to president of Liz Claiborne Accessories and will assume responsibility for all categories of the firm's accessories. Hochman had been president of Fashion Accessories, an area that included all accessories except handbags and small leather goods. Harrison's former position has been eliminated.
As reported, financially ailing Crystal Brands filed a Chapter 11 petition here last month. It has received interim bankruptcy court approval for $50 million in financing from Citibank. With the filing, it said it is considering the sale of its costume jewelry operations as part of the reorganization.
Ted Voss, assistant general counsel for Crystal Brands, confirmed that the sale is still being considered.
In a statement issued Tuesday, however, Campbell added, "In light of our recent announcement of the company's reorganization filing, I view the hiring of Ms. Harrison as the first of a number of aggressive steps to be taken to return Crystal Brands to profitability."
The company makes costume jewelry under the Monet, Trifari and Marvella names.
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