QUIKSILVER EXECS: Board sports company Quiksilver Inc. named a former Tommy Hilfiger Corp. executive as its new chief financial officer. Joe Scirocco, who was cfo at New York's Tommy Hilfiger from 2002 to 2006, succeeded Steve Brink, who resigned to pursue other interests, said Quiksilver, based in Huntington Beach, Calif. Brink will remain with Quiksilver to facilitate a smooth transition and provide consulting services, the company said. Quiksilver also named David Morgan, executive vice president of finance and operations, chief operating officer, a new position.

PICKING COTTON: The spike in oil prices has encouraged a shift of consumption away from synthetic fibers toward cotton, according to a United Nations report. The study by the U.N. Food & Agriculture Organization said cotton prices have remained “relatively stable" as supply has matched the growth in demand that has been influenced by the end of the global import quota system for textiles in January 2005. This led not only to increased imports of textiles by rich nations, but has also led to developing countries, such as China and India, becoming major importers of cotton, the report noted. FAO analysts said production in 2005 rose slightly in developing countries, but was offset by output declines in rich countries.

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