IDOL OPTIONS: Is John Idol, chief executive officer of Kasper ASL Ltd., hedging his bets? Although he has put together a group to buy Kasper ASL when it emerges from bankruptcy, he’s rumored to be interviewing for the ceo post at Tommy Hilfiger. "No comment," said Idol.

Sources indicate that should Kasper ASL land in another company’s hands, Idol is pursuing his options. According to sources, he has held conversations with Hilfiger, where Joel Horowitz has announced plans to step down as ceo, fueling rumors the entire company might be for sale. As reported, Jones and VF Corp. are said to be vying for Tommy, although a deal with either at this point is seen as a long shot.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus