Stephen Powers to Retire From Kellwood's Lifestyle Alliance
13 Junio 2008 - 11:23AM
PR Newswire (US)
NEW YORK, June 13 /PRNewswire-FirstCall/ -- Kellwood's Lifestyle
Alliance announced today the retirement of Stephen F. Powers, chief
customer officer of the division, effective July 31, 2008,
according to Patrick J. Burns, group president of the Lifestyle
Alliance. Powers has served as chief customer officer of the
Lifestyle Alliance since November 2007. He joined Kellwood in 2005
as president and CEO of Koret, where he quickly worked to move the
business from a loss position to a profitable operation. Prior to
joining the Company, Powers held the post of executive vice
president of women's apparel for May Merchandising Corporation. He
served in various senior management positions in the women's
business within the May Company family of retail divisions from
1980 to 2003. In addition, Powers garnered solid business acumen as
president and chief operating officer for Gruen Watch Company from
1994-1997 and as president of Chaus Sportswear from 1992-1994."
During the past four years, Steve has made many invaluable and
important contributions to the growth and development of our
women's mainstream business. Throughout his career with us, Steve
has devoted his efforts to building a world-class company and
enhancing the reach and power of our brands. Steve is a pillar of
the apparel and retail industry and it has been a pleasure working
with him. He will truly be missed," said Robert C. Skinner, Jr.,
Kellwood chairman, president and CEO. "Being at Kellwood the last
four years has been great. I've enjoyed the challenge and
experience of transforming our mainstream business. With that
process well underway, I feel the timing is right for me to ease
into retirement," added Powers. A search is underway for Powers'
successor. ABOUT KELLWOOD COMPANY Kellwood is a $1.5 billion
leading marketer of apparel and consumer soft goods. Specializing
in branded products, the Company markets to all channels of
distribution with products and brands tailored to each specific
channel. Kellwood is an affiliated portfolio company of Sun Capital
Partners, Inc. ("Sun Capital"), a leading private investment firm
specializing in leveraged buyouts and investments in market-leading
companies. For more information, visit http://www.kellwood.com/.
MEDIA CONTACT: Jennifer L. Schumacher, Kellwood Company,
314-576-3393, or . DATASOURCE: Kellwood Company CONTACT: Jennifer
L. Schumacher of Kellwood Company, +1-314-576-3393, Web site:
http://www.kellwood.com/
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