MARKET BASKET

G-III NAMES NOSTRA: Jeanette Nostra-Katz has been promoted to president of G-III Apparel Group. She takes over the post from Morris Goldfarb, who continues as chief executive officer. Aaron Goldfarb, Morris’s father, also continues as chairman.
Nostra-Katz, who started with the outerwear and sportswear manufacturer in 1981, has been its executive vice president since 1993. She joined the firm as co-director of the Siena Division. During her years with the firm, she pioneered its private label business, worked to expand sourcing channels for all of the firm’s product lines and has been instrumental in securing licensing agreements.
A successor as executive vice president has not been named.

NEIL’S NEW KNITS: Neil Bieff has launched a knitwear line for fall, with expected first-year sales of $3 million, according to Julie Raciti, president.
The knit line is Bieff’s third collection and will be marketed under the label Neil Bieff. The 20-year-old New York design house also sells evening gowns under a licensed Bieff Basics label and a designer dress line called Bieff.
The new collection was previewed at a trunk show at Bonni Keller in Palm Beach, Fla., in March and received orders for $30,000 worth of merchandise the first day. A purple wool boucle suit and a strapless bird’s-eye dress were bestsellers at the trunk show.
The 65-piece collection of ready-to-wear and sportswear wholesales from $150 to $400. Suits are manufactured in neutral and dusty pastel tweeds, tomato red and purple in ombres and boucles with matching jackets.
The line includes cashmere or wool blended with Lycra, embroidered citrus stripes, hand-loomed accents and exposed, crocheted double stitching that is to be Bieff’s signature in the collection.

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