Industry veteran Stephen Budd has a new gig: chief executive officer of North America for Sunwin Global Industry Inc., a home and apparel manufacturer. Budd has more than three decades of experience in retail and wholesale and served most recently as chief commercial officer of Beximco Textiles. Before that, he was president of Sunrise Brands, … Read more
The relaunch of the Donna Karan New York brand has some major firepower behind it. Under owner G-III Apparel Group, which purchased parent company Donna Karan International in 2016, the company turned to a bevy of supermodels — many of whom had been associated with the brand in its heyday — to be the faces … Read more
Emily Cole has been named executive vice president, women’s creative director and product strategy, at Kenneth Cole Productions, a new role. She will direct product development for all current women’s categories. In addition, she will lead the launch of the new women’s apparel collection that will be introduced this fall under a licensing agreement with … Read more
There’s no payday in fashion that looks anything like what Elon Musk is trying to reel in at Tesla, where shareholders gave the thumbs-up to a $56 billion stock payout that still faces legal challenges. But the pay for chief executive officers at the largest U.S. retail and fashion companies is still pretty good. The … Read more
Morris Goldfarb is standing on his own and loving it — looking beyond G-III Apparel Group’s now fading partnership with PVH Corp.’s Tommy Hilfiger and Calvin Klein and building a fashion empire of his own. And it’s an empire clearly in growth mode. G-III, which topped first-quarter earnings projections and raised its outlook for the … Read more
The bids are in and the Champion sale process is closer to finding its winner. Hanesbrands Inc. hired Goldman Sachs & Co. and Evercore last year to explore “strategic options” for the active brand, leading to an auction that set the deadline on first-round bids for Wednesday, WWD previously reported. A source close to the … Read more
