ANOTHER OK FOR KMART: Kmart Corp. on Wednesday received Chicago bankruptcy approval to renew licensing agreements with several key vendors: Martha Stewart Living Omnimedia Inc.; Walt Disney Co.; Joe Boxer Licensing; Kathy Ireland World Wide, and G.H. Productions Inc., which supplies the Jaclyn Smith line of products. Kmart also received court approval to pay the outstanding balances owed to three accounts. According to published reports, the largest amount owed was $12.3 million to Martha Stewart Living. G.H. Productions was owed $1.1 million and Kathy Ireland was owed $132,000. The bankrupt discounter is current on its two other accounts.
HR AT LVMH: Sophie Guieysse has been named director of human resources at luxury giant LVMH Moet Hennessy Louis Vuitton. Guieysse, 39, currently director of human resources at Sephora Europe, succeeds Catherine Kopp, who is leaving after less than seven months on the job. Sources said Kopp, previously chairman of IBM France, did not adapt well to LVMH’s jumble of largely independent operating companies. “We will miss Cathy Kopp’s openness and professionalism, much admired by our management team. We wish her luck,” LVMH chairman and chief executive Bernard Arnault said in a statement. Guieysse joined LVMH in 1997 and worked in human resources at its fledgling watches and jewelry division before joining Sephora. Her successor at Sephora has yet to be named. LVMH, which had 2001 revenues of $10.7 billion, counts 53,000 employees worldwide.
APPAREL FOR AFGHANISTAN: Liz Claiborne, L.L. Bean, Sara Lee Corp., Springs Industries, Timberland, New Balance, Bass, Sebago and Wal-Mart are among companies donating textiles, jeans, socks, shoes and money to help clothe Afghan schoolgirls, as part of a program announced Wednesday by First Lady Laura Bush and the President. The program, part of a larger campaign by a group called Vital Voices Global Partnerships, was unveiled at a suburban Washington elementary school. In addition to receiving apparel and footwear, 150,000 students will receive school uniforms made from the donated fabric using 200 sewing machines being provided by J.R. United, Miami, which is also giving 50,000 yards of fabric. Liz Claiborne suppliers from around the world will be donating 500,000 yards of fabric to the project, while Springs Industries, Fort Mill, S.C., is donating 12,000 yards.