NEW YORK — Coach Inc. has named retail and wholesale veteran Kathy Nedorostek as president of the U.S. wholesale division, effective Feb. 3.
Nedorostek, who had been president and chief operating officer of Natori Co. since 1999, succeeds Mary Wang, who was named president of the DKNY division of Donna Karan Co. in October.
She will report to Lew Frankfort, chairman and chief executive officer.
Nedorostek oversaw Natori’s wholesale, retail and licensing businesses. She has a well-rounded background in apparel and accessories in both retailing and manufacturing. A former divisional vice president of designer ready-to-wear, intimate apparel and hosiery at Saks Fifth Avenue, Nedorostek was president of the licensed CK Calvin Klein footwear and accessories at Nine West Group. She is also familiar with the luxury handbag market, having served as president and chief operating officer of Judith Leiber.
In a phone interview Thursday, Nedorostek said: "It’s been a great four years at Natori. This company is on fire now and is at a level where I’ve done everything I can do to help make it as successful as it is today."
Nedorostek was instrumental in positioning the Natori company’s portfolio of lingerie, sleepwear and at-homewear brands, which includes the upscale Natori black label collection, the classic Natori white label line, a contemporary brand called Josie, a mainstream at-homewear label called Cruz and the licensed Natori foundations at the Bestform unit of VF Corp. A line of luxe handbags bearing the Natori name bowed in 2002.
Josie Natori, ceo of the Natori firm, which generates wholesale sales in excess of $40 million, said: "Kathy has done a great job and she’s leaving the company in very good shape. She’s a great leader and will remain a friend. Now, I’m just going to have to work harder without her."
Natori said a successor will not be named.
Contacted at the Coach offices, Frankfort said: "She was our preferred candidate. The reason we chose Kathy was because of her merchandising savvy and leadership skills. She is a seasoned business person with an extraordinary taste level who has worked with luxury brands and department stores on the manufacturing and retail sides."Coach’s second-quarter salesended Dec. 28 rose 30.9 percent to $308.5 million, from $235 million a year ago, as reported. Wholesale volume jumped 55.5 percent to $117.1 million. In April 2001, Sara Lee Corp successfully spun off its Coach division.
Frankfort added: "We are growing market share rapidly. In point-of-sales, we are up 40 percent over last year in department stores."
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews