Levi names head of Docker’s brand
SAN FRANCISCO — Levi Strauss & Co has named longtime apparel executive Seth Ellison president of the global Dockers brand effective Sept. 10.
Ellison has more than 30 years of apparel experience – including president of the swimwear group at Perry Ellis, VP, general manager of EMEA Apparel and president of Hurley International at Nike Inc. Most recently, Ellison was the chief commercial officer at Alternative Apparel where he successfully evolved the t-shirt blank supplier into a global wholesale brand sold in key U.S. accounts including Bloomingdales, Nordstrom, Macy’s, Dillard’s and Urban Outfitters and in 120 countries.
In his new role as president, Ellison will be responsible for managing the strategic direction, marketing and product development of the Dockers brand, reporting to LS&Co. president and CEO Chip Bergh.
“Seth has a proven track record of driving growth in the apparel industry, growing both large established brands and start-ups,” said Bergh. “Seth’s business acumen is the perfect complement to the design, marketing and product talent that is re-energizing the Dockers brand today.”
Ellison replaces Anne Rohosy who was recently appointed EVP and president commercial operations Americas and Europe for LS&Co.
JCPenney spices things up with first-ever Cosmo collection
NEW YORK — Popular women’s magazine Cosmopolitan is leveraging its brand in the retail space by launching its first-ever fashion collection at JCPenney. The collection includes lingerie, sleepwear, footwear and handbags, available now exclusively in more than 600 JCPenney stores nationwide, as well as on JCP.com.
"Millions of readers turn to Cosmopolitan for insights into relationships, beauty, fashion and health, and our first-ever fashion line celebrates the sexy spirit of Cosmo women everywhere," said Joanna Coles, editor-in-chief of Cosmopolitan. "We are thrilled to bring our magazine to life through this collaboration with JCPenney."
The lingerie offering will range from $7 to $25 and include a variety of styles including leopard and pops of color. Sleepwear will be priced from $10 to $20 and include soft pajamas, satiny robes and babydolls. Handbags will range from $30 to $65) and include purses and clutches. The footwear offering will be priced from $30 to $95 and include heels, boots and flats in on-trend colors.
"We are very excited to be working with Cosmopolitan to bring our customers a new, contemporary fashion and accessories collection," said Liz Sweney, chief merchant of JCPenney. "Teaming up with Cosmopolitan, the best-selling magazine in its category and an expert in all things lifestyle, allows us to further cater to today’s women, offering them the best, most on-trend styles, co-designed by a fashion authority."
Walgreens August sales down 4.5%; reports Q4, year-end sales
DEERFIELD, Ill. — Walgreens reported August sales of $5.9 billion, a decrease of 4.5% as compared with the same month in fiscal 2011.
August pharmacy sales decreased 7.2%, while comparable-store pharmacy sales decreased 12.4%. In addition to the Express Scripts impact, comparable-store pharmacy sales were negatively impacted by 7.9 percentage points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.1% of total sales for the month.
Total front-end sales increased 0.9%, compared with the same month in 2011, while comparable-store front-end sales decreased 0.6%. Customer traffic in comparable stores decreased 2.2%, while basket size increased 1.6%.
Sales in comparable stores decreased by 8.2% in August. The effect of generic drug introductions in the last 12 months negatively impacted total comparable sales by 5.1 percentage points.
Total sales for the fourth quarter of fiscal 2012, which ended Aug. 31, were $17.1 billion, down 4.9%. Comparable-store sales for the fourth quarter of fiscal 2012 decreased 8.7%, while front-end comparable-store sales for the quarter decreased 1.3%. Comparable pharmacy sales decreased 12.6%.
Total sales for fiscal 2012 were $71.6 billion, down 0.8%. Comparable-store sales for fiscal 2012 decreased 3.6%.
Walgreens opened 18 stores during August, including six relocations, and closed two.