Tommy Hilfiger to Open NYC Flagship
New York City Tommy Hilfiger Group reported Wednesday that it will open a global flagship store on Fifth Avenue in New York City this fall. The store will fill the space formerly occupied by Fortunoff since the late 1970s. The 22,000-sq.-ft., four-floor store, will become the premiere flagship store in the company’s global retail portfolio. This portfolio currently consists of 545 stores worldwide.
When the store opens in November, it will join the newly opened Hilfiger Denim concept store and the women’s boutique on Bleecker Street in Manhattan, the Georgetown store in Washington, D.C., and the soon to be opened Miami Beach, Fla. store in May 2008. However, the new flagship location will be the first Tommy Hilfiger store worldwide to incorporate every product category of the Tommy Hilfiger lifestyle, including the runway collection, menswear, womenswear, childrenswear, tailored, footwear, accessories, home, as well as the complete Hilfiger Denim collection.
Blue Nile cfo steps down
SEATTLE Blue Nile has announced that Robin Easton has resigned from the role of cfo to pursue other interests, effective March 31. The company said it has begun a search to fill the cfo position.
Upon Easton’s resignation, Terri Maupin, the company’s vp of finance and controller, will assume the duties of the principal financial and accounting officer. Maupin has served as the company’s vp of finance since July 2004 and controller since September 2003. Prior to Blue Nile, Maupin served as the staff vp of finance and controller at Alaska Air Group.
MGP Ingredients ceo resigns
ATCHISON, Kan. Ladd Seaberg has announced that he is stepping down as ceo of MGP Ingredients, effective immediately. Seaberg will continue to serve as chairman of the board of directors. He is being succeeded as ceo by MGPI President Tim Newkirk, who has also served as coo of the company since May 2006.
“I am very comfortable with the timing of this transition from my role as ceo, and have the utmost confidence in Tim Newkirk’s abilities to lead our company forward,” Seaberg said.
Seaberg became chairman of MGPI’s board in October 2006, succeeding Cloud Cray, who had held the post for 26 years. He has served as ceo of the company since 1988.