In Brief: Watch for Kangol … Eddie Bauer Taps Designer … Wet Seal Hires Adviser …
WATCH FOR KANGOL: Kangol is adding women’s and men’s watches to its growing assortment of accessories classifications. The firm, best known for its flat caps, entered agreements with Fossil Inc. and Bollman Hat Co. Fossil will...
WATCH FOR KANGOL: Kangol is adding women’s and men’s watches to its growing assortment of accessories classifications. The firm, best known for its flat caps, entered agreements with Fossil Inc. and Bollman Hat Co. Fossil will design and manufacture the 18-piece watch collection and Bollman will handle distribution. Wholesaling from $40 to $60, the watches feature elements such as kangaroo-embossed leather straps and striped or monogram printed dials. There are several shapes in stainless steel, including an oversized style and a traditional tank case. Kangol was founded as a headwear manufacturer in England in 1938, so as an ode to its history, the only digits on the watch face are the numbers three and eight. The signature piece is the 504, modeled after the brand’s iconic 504 flat caps. In stores now, the watches are available at the Kangol store on Columbus Avenue in New York City, as well as independent retailers such as Below the Belt in Brooklyn and Plaza Surf & Sport in Rocky Point, N.Y.
EDDIE BAUER TAPS DESIGNER: Eddie Bauer Inc. said Thursday it had named Stephen Cirona vice president of design. A former executive at Tommy Hilfiger, Cirona, 43, is currently president of his own design house. He will start Wednesday and report to Kathy Boyer, senior vice president and chief merchandising officer of the Redmond, Wash.-based company. Cirona replaces Jarlath Mellett, who left the firm last year, according to a spokeswoman.
WET SEAL HIRES ADVISER: Amid speculation over a possible bankruptcy filing, ailing specialty retailer Wet Seal said Thursday it has appointed Rothschild Inc. as its financial adviser. The Foothill Ranch, Calif.-based company appointed a special committee last month to secure the services of a financial adviser, after reporting an operating loss of $102.8 million or $3.20 a diluted share, for the quarter ended July 31.
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