Ruzov as Prez at CK's women's better sportswear division
09 Sep '05
3 min read
Louis Missouri based consumer soft goods marketer Kellwood Company named Stephen L. Ruzow President of its Calvin Klein (CK)women's better sportswear division according to Robert C. Skinner, Jr., Kellwood President and Chief Executive Officer. This follows the earlier announcement concerning Kellwood's agreement to purchase G.A.V.'s interests in Calvin Klein women's better sportswear business.
Under a services agreement, G.A.V. had managed Calvin Klein women's better sportswear as a business venture with Kellwood. Calvin Klein women's better sportswear collection is produced under a licensing agreement with Calvin Klein Inc, a wholly owned subsidiary of the Phillips-Van Heusen Corporation.
The end to this arrangement is the result of G.A.V.'s intention to focus on its other businesses, including its ck Calvin Klein bridge sportswear line, which have been expanding over the last two years, and Kellwood's plans to concentrate its efforts on Calvin Klein women's better sportswear.
"Due to the importance of Calvin Klein women's better sportswear business and the tremendous potential they believe it represents, Steve will forego all of his other Kellwood responsibilities to concentrate 100 percent on Calvin Klein. Steve is uniquely qualified to drive Calvin Klein women's better sportswear to greater levels of success based on his experience at Donna Karan International in building the brand and its business during his tenure as President and Chief OperatingOfficer, and in running various Calvin Klein licensed businesses," said Skinner.
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