Kenneth Cole said to be considering sale
New York City Kenneth Cole Productions is said to be in talks with licensing company Iconix Brand Group to sell the shoe and clothing company, according to a late Friday report by Bloomberg.
Iconix is run by Kenneth Cole’s brother Neil Cole.
The timing for a takeover of Kenneth Cole Productions, according to Bloomberg, isn’t clear, and the companies may not reach an agreement.
Iconix owns brands such as Candie’s and London Fog, and licenses them to retailers and manufacturers. In addition to owning the Kenneth Cole brand, Kenneth Cole Productions operates 110 stores in the United States.
Anthropologie set to debut accessories concept
New York City Anthropologie will premier its accessories-only format on Oct. 29, in Chevy Chase, Md., according to Women’s Wear Daily.
The 1,4000-sq.-ft. store will feature shoes, handbags, scarves, costume and fine jewelry, and in a first for the brand, estate and antique jewelry, the report said.
Dick’s Sporting Goods names new board member
PITTSBURGH Dick’s Sporting Goods announced that Jacqualyn Fouse has been elected to the company’s board of directors.
Effective September 27, Fouse will be joining Celgene Corporation, a global biopharmaceutical company, to serve as its CFO. Since July 2007, she has served as the CFO of Bunge Limited, a global agribusiness and food company.
“We are pleased to welcome Jackie to our board,” said Edward Stack, chairman and CEO. “She is well seasoned in the world of finance with nearly 30 years of experience. Her combined insight and expertise will be an excellent contribution to and further enhancement of the Dick’s Sporting Goods board.”