JEFFREY’S BREAK: With summer winding down and New York Fashion Week approaching, Jeffrey Kalinsky is following a different beat. Nordstrom’s executive vice president of designer merchandising since May 2007 starts a sabbatical this week with the expiration today of his contract. As of Friday, he hadn’t renewed. “He has no intention of leaving,” Nordstrom’s vice president of corporate communications Brooke White told WWD. “He’s taking a well-deserved rest.” She said Kalinsky would be on sabbatical for a few months. “The relationship remains unchanged at this point in time.” Kalinsky couldn’t be reached for comment Friday. In August 2005, Nordstrom bought 90 percent of the shares of the Jeffrey retail operation from Kalinsky and his father for $30.8 million, and not too long after hired Kalinsky, providing him with an earn-out provision of $7 million, and in the fiscal year ended Jan. 31, salary, bonus and other compensation amounting to $935,000, according to Nordstrom documents.
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