Nordstrom Inc to acquire footwear boutique Jeffrey Inc
22 Aug '05
3 min read
"I am delighted to partner with Nordstrom because I believe there is a lot of synergy between our two companies," said Jeffrey Kalinsky, President and CEO of Jeffrey. "Making Jeffrey stores the best they can be will continue to be a top priority for me. In addition, I look forward to contributing to Nordstrom's designer offering in a meaningful way."
Jeffrey Kalinsky started his retail career selling designer shoes at his father's store, Bob Ellis, in Charleston, S.C. He opened Bob Ellis Shoes in Atlanta in 1990, followed by Jeffrey Atlanta and a Jil Sander boutique in 1996, all at Phipps Plaza. In 1999, he opened Jeffrey New York. Kalinsky has worked for Bonwit Teller, Bergdorf Goodman, Donna Karan and Barneys New York.
Just Jeffrey Inc operates two luxury specialty stores, Jeffrey New York in New York City and Jeffrey Atlanta, in Atlanta, Ga. JSK Enterprises, Inc. runs a luxury footwear boutique, Bob Ellis, recently renamed Jeffrey in Atlanta, Ga. Just Jeffrey, Inc. and JSK Enterprises Inc did approximately 35 million dollars in sales last year. Financo Inc served as advisor to Jeffrey in this transaction.
Nation's leading Fashion Company Nordstrom Inc is a specialty retailers, with 152 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 95 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and two clearance stores. Nordstrom also operates 32 international Faconnable boutiques in Europe.
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
