Stanley Silverstein has joined Perry Ellis International Inc. as president of international development and global licensing.
Silverstein was executive vice president of international strategy and business development at The Warnaco Group Inc. and stayed on after its acquisition by PVH Corp. earlier this year. His 29-year tenure made him one of only a few who served at Warnaco both before and after its 2001 bankruptcy.
At Perry Ellis, Silverstein will report to George Feldenkreis, chairman and chief executive officer, and Oscar Feldenkreis, president and chief operating officer.
“Stanley will be a real asset to our organization,” said Oscar Feldenkreis. “There is tremendous appetite for our brands across the globe and now we have the dedicated leadership to pursue those opportunities. Stanley is a leader whose considerable experience will help shape our organization in the future.”
Silverstein commented, “I believe we have significant opportunities to enhance shareholder value by expanding and optimizing Perry Ellis, Original Penguin, as well as other sport and lifestyle brands in both developed and emerging markets.”
In addition to Perry Ellis and Original Penguin, the Miami-based company’s portfolio of brands includes Rafaella, Laundry by Shelli Segal, Ben Hogan, Farah, Cubavera and Jantzen.
On a conference call last month to discuss second-quarter financial results, Oscar Feldenkreis said the company was “looking at additional brands and potential acquisitions” within the golf market, where it already enjoys a market share of 75 to 80 percent in the U.S. Possibilities will be explored “not only in golf apparel, but also in other product categories that might become an opportunity to enhance our current lifestyle brands....We feel that not only domestically but internationally, it creates a lot of opportunities.”
The company’s net income for the first six months of 2013 was up 18.4 percent, to $8.5 million, as revenues declined 0.2 percent to $474 million.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion