NEW CFO FOR JONES DENIM: Tami Fersko has been named chief financial officer of Jones Apparel Group’s denim-based collection business. She oversees the financial business for the denim-based collections, comprising Polo Jeans Co., LEI and Sun...
NEW CFO FOR JONES DENIM: Tami Fersko has been named chief financial officer of Jones Apparel Group’s denim-based collection business. She oversees the financial business for the denim-based collections, comprising Polo Jeans Co., LEI and Sun Apparel. Fersko joined Jones in 1998 when it acquired Sun Apparel, where she most recently was senior vice president of operations and finance. In another move, the company promoted Joe Kaelin to controller. He reports to Fersko. Kaelin most recently served as accounting manager for the Sun division.
FIELDS 2 FACTORY: Factory 2-U Stores Inc. has named William Fields chairman and chief executive officer. He succeeds Mike Searles, who has held the president and ceo positions since March 1998 and the chairmanship since November of that year. Fields, 53, has an extensive background that includes serving as president and ceo of Wal-Mart Stores Inc. from 1993 to 1996, and most recently, serving as chairman and ceo of Blockbuster Entertainment Group from 1996 to 1997. Having originally joined Wal-Mart in 1971 as an assistant store manager, Fields held various management positions for 24 years, culminating in his stewardship of the company. During his tenure, Fields oversaw more than 2,000 stores and 600,000 employees while growing Wal-Mart to more than $70 billion in sales from $40 million. Fields’ other experience includes the positions of president and ceo of the Hudson’s Bay Company from 1997 to 1999, as well as chairman and chief executive officer of Apec China Asset Management Ltd. from 1999 until October 2002.
ASHLEY TO SHUTTER STORES: In a bid to stem losses in continental Europe, Laura Ashley Holdings PLC will close five stores in France and six in Germany. In a statement Thursday, the company also said it plans to reduce the number of new stores slated for opening in the U.K. for the remainder of this year and next year. This year, 16 stores will have opened. The firm did not reveal how many stores had been planned. The store closings will result in an exceptional charge of $1.6 million for the year ended Jan. 25. The company said for the six weeks ended Nov. 2, total same-store sales rose 7 percent, while fashion sales pumped up 17 percent.
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)
20-year-old British singer @jorjasmith_ made her debut at Coachella last weekend. We caught up with her and talked about her love for Amy Winehouse, working with Kendrick Lamar on the “Black Panther” album and her fashion philosophy. Read the interview on WWD.com #wwdeye (📷: @katiedaisyla)
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)