Liz Claiborne names Juicy Couture CEO as business development exec
New York City — Liz Claiborne said Friday that Edgar Huber, CEO of Juicy Couture, will be assuming a new position as executive VP global business development for Liz Claiborne, effective Feb. 14.
The company said Huber will continue to report to William L. McComb, CEO, Liz Claiborne.
LeAnn Nealz, president and chief creative officer, and John DeFalco, CFO and COO, will jointly manage the Juicy Couture business while the leadership structure for the brand going forward is determined, according to McComb.
"This move reflects the company’s significant opportunities for global expansion of its key brands, including Juicy Couture, Kate Spade, Lucky Brand Jeans and Liz Claiborne,” said McComb.
NRF announces reorganization
Washington, D.C. — The National Retail Federation said Thursday that it has made changes to its organizational structure, promoting Carleen Kohut from senior VP and CFO to the position of COO.
Also Susan Newman, VP, conferences, has been promoted to senior VP conferences, and Mike Gatti, formerly senior VP communications, has been named senior VP member relations.
Fast growth in service sector suggests increased hiring
Washington, D.C. — A report released Thursday by the Institute for Supply Management said that the U.S. service sector, which includes retailers, grew in January at the fastest pace in five years. The report, along with other data, suggests a growing economy and stronger hiring.
The private trade group said its index of service sector activity rose to 59.4 last month. That was up sharply from December’s reading of 57.1. It was the fourteenth straight month of growth and the highest reading since August 2005.
Any reading above 50 indicates expansion, according to the group.