SEIKO TAPS PERRY: Seiko Corp. of America has named Les Perry to the position of executive vice president of sales and marketing. A company spokesperson said that Perry is taking over most of the responsibilities formerly held by Rick Vogler, executive vice president and chief operating officer, who left the firm for personal reasons. The spokesman said the watch company has restructured its operations in the U.S. so that it no longer will have a chief operating officer. Perry most recently was general manager of Movado’s ESQ brand, and has also held executive positions at Macy’s East.
This story first appeared in the June 12, 2002 issue of WWD. Subscribe Today.
EVERLAST’S NEW DEALS: Activewear firm Everlast Worldwide Inc. is expanding into new territories. The company has signed three licensing agreements in three separate countries. In Japan, the company inked a pact with Tomen for a line of bags, hats and socks. Tomen also markets Everlast apparel in Mexico. Everlast also signed a deal with Difusion Deportiva, a Mexico City-based company, to market and distribute Everlast socks in Mexico, while in Israel, the company signed a deal with Megamart Ltd. to market and distribute Everlast apparel in that country.
JONES NAMES CFO FOR MODERATE: Amanda Bokman has been appointed senior vice president and chief financial officer of the moderate apparel division of Jones Apparel Group. In this role, Bokman will assume the financial responsibility for all of the firm’s moderate businesses, which includes Norton McNaughton, Erika, Energie, Gloria Vanderbilt, Evan-Picone, Nine & Co. and Joneswear. Bokman joined Jones in June 2001 through the acquisition of McNaughton Apparel Group, where she was vice president, chief financial officer, secretary and treasurer from 1992 through the merger.
ESCALATE’S FORTUNES RISING: Redwood Shores, Calif.-based Escalate, which facilitates retail inventory management and other supply-chain services online, has secured $24.4 million in a combination of cash and convertible debt. The round of series D financing was led by Lighthouse Capital Partners and included Focus Ventures, Accel Partners and Norwest Venture Partners. The funds are slated to boost Escalate’s sales, marketing and customer service efforts. Escalate also has added Neiman Marcus and Fred Meyer Jewelers to its client roster.