FUND CREATED FOR JANE SCOTT

Byline: Julie Naughton

NEW YORK — The late Jane Scott was not only a cosmetics buyer, she was also passionate about teaching others. And with a newly endowed scholarship in her name at the Fashion Institute of Technology, a group of top beauty executives has ensured that she won’t be forgotten.
Scott, who had been vice president and divisional merchandise manager of cosmetics at Bloomingdale’s, died earlier this month from a head injury sustained during a bicycling accident on the Fourth of July. She was 51.
Georgette Mosbacher, chief executive officer of Borghese Cosmetics, presented a $5,000 check to Joyce Brown, president of the Fashion Institute of Technology, to fund the scholarship during a reception at Mosbacher’s Fifth Avenue apartment Wednesday night. Bloomingdale’s added $15,000 to the fund, while the Federated Group, the parent company of Bloomingdale’s, chipped in $10,000.
Scott had served on the Fashion Institute of Technology’s action council for the fragrance and cosmetics curriculum. She was a graduate of Rosemont College in Bryn Mawr, Penn.
Michael Gould, ceo and chairman of the board at Bloomingdale’s, said Scott is sorely missed — but that her legacy lives on in her team. “The quality of Jane’s buying group, their dedication to the business and their success is a testament to Jane’s passion for this business,” he said. “She was an incredible teacher and an incredible woman, and we miss her so much.”
At the event Wednesday, Gould also spoke to WWD of Scott’s successor, Nancy Feldman. Feldman began this week as vice president and divisional merchandise manager of cosmetics. She formerly had been vice president and divisional merchandise manager of handbags, belts and small leather goods at Bloomingdale’s. In addition, Gould said, Francine Klein, senior vice president and general merchandise manager of fashion accessories and intimate apparel, will add cosmetics to her list of responsibilities. Klein reports to Gould, while Feldman will report to Klein.
“Nancy is the ideal person to head cosmetics,” said Gould. “She has proven herself over and over in every job she’s held. She not only has outstanding numbers, she’s outstanding with people. She won Bloomingdale’s Best of the Best distinction two out of the last three years. She’s a merchant and a leader, and she truly understands the Bloomingdale’s philosophy.”
Gould isn’t worried that Feldman doesn’t have a cosmetics background. “She has the culture of Bloomingdale’s down, and she has incredible business knowledge,” he said. “Ultimately, I felt that was more important than a cosmetics background. Cosmetics you can learn.”

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