NEW YORK — Edward Tomechko has been appointed executive vice president, chief financial officer, secretary and treasurer of Elder-Beerman Stores Corp., effective June 17.Tomechko, 53, was cfo and later chief executive officer of NetRadio Corp., a...
NEW YORK — Edward Tomechko has been appointed executive vice president, chief financial officer, secretary and treasurer of Elder-Beerman Stores Corp., effective June 17.Tomechko, 53, was cfo and later chief executive officer of NetRadio Corp., a start-up company specializing in streaming media technology. Prior to that, he was senior vice president and cfo of David’s Bridal, which is now a unit of May Department Stores Co., and held the same post at County Seat Stores and Pickwick International.Tomechko will succeed Scott Davido, 40, who joined Dayton, Ohio-based E-B as general counsel in 1997 and was promoted to his most recent post in 1999. Davido was a key player as Elder-Beerman battled dissident shareholders who wanted the company to be sold or its management overhauled in 1999 and 2000. Davido had been the sole survivor of a management troika that previously included Frederick Mershad as chairman, president and ceo and John Muskovich as president and chief operating officer. Muskovich left in July 2000 and Mershad this past January. Davido’s plans aren’t known but E-B said in a statement he’d left “to pursue other opportunities.”“We conducted a national search for a new cfo and Ed was our first choice,” said Byron Bergren, president and ceo of E-B, in a statement. “He has a significant track record with more than 30 years of experience in retail finance.”Tomechko will report to Bergren.Pummeled by a $14 million charge for a change in accounting, E-B lost $17.5 million, or $1.54 a share, in the first quarter ended May 4 as revenues grew 1.1 percent, to $149 million, and comparable-store sales dropped 2.8 percent. However, the company, which operates 66 stores in eight states, did manage to post a 14 percent increase in net income, to $10 million, despite a sales decrease of 4 percent, to $228 million, during the fourth quarter of last year.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.