CICIO SAID TO BE TALKING DEAL WITH DONNA KARAN
Byline: Lisa Lockwood
NEW YORK — Joseph Cicio, who resigned as chairman and chief executive officer of I. Magnin in June, has been talking to The Donna Karan Co. about a top creative post.
According to sources, Cicio would be in charge of all creative aspects of the designer sportswear company, including advertising, licensing, publicity and store design.
“We’ve had some very, very preliminary discussions with Joe. He’s met with Donna [Karan], Steve [Weiss, Karan’s husband and business partner] and me. There is nothing more than that,” said Stephen Ruzow, president and chief operating officer of Donna Karan.
Cicio was unavailable for comment Monday.
If hired, Cicio would fill a new post at the Karan firm.
Advertising and collateral materials would continue to be handled by Trey Laird, creative services director of Karan’s in-house agency.
Cicio was named chairman and ceo of Magnin’s in September 1992 and, during his tenure, solidified the store’s designer and bridge offerings. A 20-year veteran of Macy’s, Cicio was senior vice president of fashion direction and creative resources at Macy’s. His forte is visual merchandising and store design.
While in the corporate offices of Macy’s, Cicio was credited with creating some of the most visually striking department stores in the industry, such as the Macy’s unit in the Mall of America in Minneapolis.
Among Karan’s 11 divisions are DKNY women’s and men’s sportswear, beauty, accessories, footwear, intimate apparel and the women’s and men’s Collections. Donna Karan has said it posted $258 million in wholesale volume for the year ended Jan. 2, 1993. The privately held company has not disclosed more recent figures, but sources estimate its current volume to be around $450 million.