OPERATIONS

Tiffany appoints new president

BY Dan Berthiaume

New York — The board of directors of Tiffany & Co. has appointed Frederic Cumenal to the position of president of Tiffany & Co. and also appointed him to a newly created seat on the company’s board. Cumenal, 54, who has been with Tiffany in a regional executive role since March 2011, will retain his regional responsibilities and will assume responsibility for the design, merchandising and marketing functions.

“Since joining Tiffany in March 2011, from the LVMH Group where he was president and chief executive officer of Moet & Chandon, S.A., Frederic has made important contributions to the operational and strategic development of our business,” said Michael J. Kowalski, president and CEO of Tiffany. “He has brought a global luxury perspective to our brand management initiatives and, in particular, has led the evolution of our regional organizations to support our continued worldwide expansion.”

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OPERATIONS

Men’s Wearhouse extends David’s Bridal agreement

BY Dan Berthiaume

Fremont, Calif. – The Men’s Wearhouse has extended its exclusive relationship with David’s Bridal. The amendment to the current contract extends the partnership by five years with the option to extend for an additional five years.

"Our relationship with David’s Bridal has been an important part of our tuxedo marketing plan since 2007,” said Doug Ewert, Men’s Wearhouse president and CEO. “We are excited to extend this valuable partnership and enhance our co-marketing programs to continue providing superior wedding services."

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REAL ESTATE

PBTeen opens Chicagoland store

BY Dan Berthiaume

San Francisco – Williams-Sonoma retail brand PBTeen is opening its second store in the Chicagoland area in Oakbrook, Ill., on Sept. 26. The store will operate as a combined location with sister brand Pottery Barn Kids.

The new PBteen store will be anchored around a complimentary PBteen Design Lab, where teens and their parents can engage with the brand and its products by digitally creating a personalized room. Using drag and drop technology, teens can experiment with different room configurations and color combinations to quickly see their designs come to life on a television screen overhead.

When teens and their parents visit the new PBteen store, they can expect a customizable shopping experience with on-site design specialists available to help teens choose their favorite patterns and styles to create their own distinct bedrooms and lounge spaces. Products available at PBteen.com can be ordered through the store and shipped directly to the customer for ease of shopping.

This will be the fifteenth PBteen location in the U.S.

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