financial
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In Brief: Kellwood Moves... New Tech For Kors... Russo In At Sak

Gerber Childrenswear Inc., a division of Kellwood Co., has entered into a licensing agreement with Jockey International Inc. to design, produce and distribute Jockey-branded underwear, sleepwear and thermalwear for infants, toddlers and children's.

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WWD Year In Fashion issue 2007/12/11
KELLWOOD MOVES: Gerber Childrenswear Inc., a division of Kellwood Co., has entered into a licensing agreement with Jockey International Inc. to design, produce and distribute Jockey-branded underwear, sleepwear and thermalwear for infants, toddlers and children's. The agreement is effective immediately. Gerber will distribute these products in the U.S. and Canada. In other Kellwood news, Stephen Walmsley has been promoted to vice president of business development and special projects from director of special projects. He joined Kellwood in September 2004 as director of financial process improvement and special projects. Walmsley reports to Robert C. Skinner Jr., chairman, president and chief executive officer of Kellwood.

NEW TECH FOR KORS: Michael Kors is installing product lifecycle management software from Dessault Systems, a well-known European apparel software company based in Paris. "Over the last four years we have experienced explosive growth," said Kors president Gia Castrogiovanni. "From a business perspective, it was strategically important for us to find a PLM solution that could be implemented quickly, provide an open platform that could interact with other applications and, ultimately, scale to meet future demands." The Enovia MatrixOne Apparel Accelerator for Design & Development will help Kors manage trend research, design, sourcing, manufacturing and delivery. The company plans to install the system by the end of March.

RUSSO IN AT SAK: Handbag firm The Sak has named accessories designer Lorae Russo as its new creative director. She will lead The Sak and Elliott Lucca brand design teams in conceptualizing and creating product for both brands. Russo begins her new post on Dec. 17 and will report to Mark Talucci, chief executive officer of The Sak and Elliott Lucca. She previously worked in design at Giorgio Armani and DKNY.
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