JC Penney Company Inc

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USA: Key Catalog And Internet Appointments At JC Penney just-style.com | 19 Feb 01

Retailer J. C. Penney Co Inc (NYSE: JCP) has strengthened its management team with the appointment of John Irvin as senior vice president, and president of catalog and Internet, and B.D. Feiwus as senior vice president and associate director of catalog. John Irvin will direct the activities of the catalog and Internet organizations and provide leadership in the development of strategic business plans for these operations. He comes to JCPenney from Spiegel Inc, where he was president and chief executive officer.


USA: Online Sales Up, But Service A Problem just-style.com | 5 Feb 01

Online sales skyrocketed to $12.2bn for the holiday 2000 season figures doubling in November and December from last year according to The NPD Group. Apparel ranked third in category sales, behind travel reservations and computer hardware, at $1.144bn, 10 per cent of total revenues for the season. NPD also ranked the top 20 sites at which consumers spent the most the money, with good representation from apparel etailers: JCPenney (No 4); Wal-Mart (No 7); LandsEnd.com (No 12); Victoria's Secret (No 15); and L.L. Bean (No 19).


USA: JC Penney Co Inc Announces Key Merchandising and Marketing Appointments just-style.com | 2 Feb 01

J.C. Penney Co Inc executive vice president, and president and chief operating officer, Vanessa Castagna, has announced several new appointsment in the company. William Cappiello has been named senior vice president and general merchandise manager for Men's and Children's, Edward Mawyer has been appointed vice president and director of merchandising for Family Footwear and John Budd has been named senior vice president and chief marketing officer for JCPenney Stores and Catalogue. All positions will be effective from February 1, 2001.


USA: Haggar Appoints New Vice President just-style.com | 31 Jan 01

Haggar Clothing Co has appointed Karen Rambo as the new vice president of Retail Marketing. As vice president, Rambo will be responsible for developing and executing retail marketing initiatives for the Haggar brand as well as the company's licensed brands, including DKNY. Karen Rambo joins Haggar from Levi Strauss & Company where she held the position of national retail marketing manager. She was responsible for the development, sell-in and execution of strategic marketing plans for Levi's, Dockers and Slates brands and is credited with implementing the first account-specific nationwide Sell-Through Organization for LS Co at JCPenney.


USA: JCPenney Announces Store Closures In Restructuring Plan just-style.com | 26 Jan 01

JC Penney has announced that it is to close 44 of its underperforming department stores in a business restructuring proposal aimed at improving its competitive position and future financial performance. The store closures are planned for the first half of 2001 and will also include three of the company's catalogue outlet stores. The company has claimed that many of the 5,000 staff affected by the store closures will be offered positions at other stores.


US: Online Holiday Sales Up, But Etailers Still Have Work To Do just-style.com | 18 Jan 01

Online sales skyrocketed to $12.2bn for the holiday 2000 season figures doubling in November and December from last year according to The NPD Group. Apparel ranked third in category sales, behind travel reservations and computer hardware, at $1.144bn, 10 per cent of total revenues for the season. NPD also ranked the top 20 sites at which consumers spent the most the money, with good representation from apparel etailers: JCPenney (No 4); Wal-Mart (No 7); LandsEnd.com (No 12); Victoria's Secret (No 15); and L.L. Bean (No 19).


WWRE appointment boosts apparel prospects Bobbin Publishing Group | 13 Dec 00

The appointment of Colin Dyer, the former head of one of the United Kingdom's leading clothing and textile firms, as CEO of the Worldwide Retail Exchange (WWRE) online marketplace holds interesting possibilities for the apparel business-to-business (B2B) arena. Auctions, reverse auctions and buy-sell activities are all part of the future, along with tools that will be particularly relevant for this industry.


USA: JC Penney Reports November Sales just-style.com | 1 Dec 00

JC Penney Company, Inc (NYSE: JCP) today announced that preliminary sales for the four weeks ended November 25, 2000 increased 1.6 per cent to $2.921bn from $2.876bn in the comparable 1999 period. Department store sales for November increased 0.1 per cent to $1.427bn from $1.426bn in the 1999 period. On a comparable store basis, stores open at least a year, sales increased 0.7 per cent versus the same period last year. Sales benefited from a stronger than anticipated Thanksgiving weekend, driven by planned promotions.


USA: Retail Initiative Pays Off For VF Jeanswear just-style.com | 29 Nov 00

Since the May 1 chainwide launch of RFSM in womens jeans and casual pants, Lee has generated double digit sales increases across misses, women's, and petites while reducing inventory by 14 per cent compared to a year ago, VF said today.


USA: JC Penney Sales Tracking Above Plan just-style.com | 28 Nov 00

JCPenney said its department store sales for the fourth week of November were boosted by strong sales in women's and children's apparel.


USA: J C Penney Reports Third Quarter Results just-style.com | 14 Nov 00

J C Penney Company today reported a loss of $0.12 per share, before the effects of non-comparable items, for the third quarter ended October 28, 2000. Including these non-comparable items the net loss was $30m, or $0.15 per share, compared with net income of $142m, or $0.51 per share, in last year's third quarter.


USA: JCPenney Names Dastugue Treasurer just-style.com | 9 Nov 00

Allen Questrom, chairman and chief executive officer of J C Penney announced the election by the board of directors of Michael P. Dastugue, 36, to the position of vice president and treasurer, effective December 1. He will report to executive vice president and CFO Donald A. McKay.In his new position, Dastugue will direct the Treasurer's Department in fulfilling its core responsibilities: banking, financing, risk management, and benefit plans investments. He will also meet the company's strategic objectives by leading the Treasurer's Department in assisting operating units to achieve their business and financial goals while enhancing shareholder value."Michael Dastugue is recognised within the financial community as anoutstanding leader with excellent financial management qualifications," Questrom said. "His expertise is a superb contribution to our company's plans for growth and success."Dastugue joined the company in 1991 from Arthur Andersen where he was a senior accountant. At the company's Treasurer's Department, his career encompassed a number of key positions, including financial analyst and project manager roles.


Let the fit revolution begin Bobbin Publishing Group | 16 Oct 00

Apparel fit problems continue to plague many consumers, retailers and manufacturers. However, with the super-rapid pace of technological advances and the promise of new size data on the horizon, solutions are beginning to abound.


ISRAEL: Delta Galil Completes Wundies Acquisition Company Press Release | 19 Sep 00

Delta Galil Industries Ltd (Nasdaq: DELT), the global provider of private label intimate apparel, men's underwear, socks, babywear and leisurewear, today announced that it has completed the acquisition of Wundies Industries Inc.Wundies is a producer of private label ladies' intimate apparel and girls' underwear and nightwear. It also markets its products under character licenses including Barbie, Looney Tunes and Winnie the Pooh, as well as brand licenses including Danskin, Bill Blass and Jessica McClintock, in addition to its proprietary LOVEPATS brand. Wundies' customers include Wal-Mart, Kmart, Target, JCPenney, Mervyn's, Kohl's and Wholesale Clubs.Delta chairman Dov Lautman commented that the completion of the Wundies acquisition signifies a significant step in Delta's strategy to build its presence in the US market and extend its penetration in the ladies' intimate apparel and seam free categories.Delta Galil is a global manufacturer of boutique-quality apparel for the mass market sold under brands such as Polo Ralph Lauren, Donna Karan, Calvin Klein, Hugo Boss and Nike and sold worldwide through retailers including Marks & Spencer, Victoria's Secret, GAP, Banana Republic and others. Recognized for product innovation and development, Delta is committed to growth through higher margin products, expanding market share and operational efficiencies. For more information, please visit the company website at


USA: American Workwear Granted Compliance Hearing Company Press Release | 28 Aug 00

JD American Workwear, Inc (OTCBB Bulletin Board JDAW), announced today that the NASD has determined to grant a request for a hearing pursuant to NASD Rule 9730. The requested oral hearing will be held on Thursday, August 31, 2000. No action will be taken to remove the company's securities from the OTCBB prior to a determination by the Hearing Panel. JD American Workwear, Inc manufactures and distributes a line of patented workwear and safety wear. The company's product line is available via retailers JCPenney and Payless Cashways and uniform companies, UniFirst and Cintas. JD American products are niche marketed in the industrial uniform and essential safety clothing industry specifically targeting construction, automotive, chemical and hazardous material workers, factory workers and commercial landscaping industry.


USA: Academy Sports Takes Cautious Steps Into Cyberspace Jane Mallin | 24 Aug 00

Academy Sports and Outdoors, one of the US's largest sporting goods retailers, is making the move into multichannel after it signed up with SVI Retail for the company's direct-to-consumer fulfillment product, SVI Direct.Like many brick and mortar companies, Academy Sports and Outdoors wants to use the Internet as an alternate sales channel, but prefers to tread cautiously rather than rush onto the web.Lynn Caldwell, vice president of information systems for Academy Sports and Outdoors, said: "We feel the Internet will be a very successful channel for us, but we are proceeding carefully. We want to be sure we have a solid infrastructure in place so that the customer experience on the web is as positive as the one we have been delivering in our stores.""We chose SVI's fulfillment engine because it has already been successfully integrated into the SVI merchandising solution we are currently using. We look forward to continuing our 17-year relationship with SVI as we partner with them in our move to cyberspace."SVI Direct will drive the fulfillment engine of Academy Sports and Outdoors' e-tail site currently under development. Terms of the agreement were not disclosed.


US back to school market is booming Jane Mallin | 9 Aug 00

The US back-to-school season, now in full swing, looks likely to be a highly satisfactory one for retailers with parents planning to spend 20 per cent more than last year, says Jane Mallin. Two separate retail surveys showed this week that the US back to school market is booming. The National Retail Federation (NRF) surveyed 883 parents of children between ages 6 to 17 and found that they intended to spend an average of $549 on back to school items.


USA: JCPenney.com Signs Up For New Sizing Service Company Press Release | 8 Aug 00

TheRightSize, Inc, a provider of fit software and services to retailers and apparel manufacturers, announced today that JCPenney.com, one of America's largest online retailers, is among the first apparel sites to become a business subscriber and will feature TheRightSize's innovative fit technology when the service goes on line in time for the holiday season. Ernesto Aguirre, chief executive officer, named several other business subscribers who have recently signed with TheRightSize. They include Ocean Pacific, Fashion 500, Smart Casual.com, Puma International, and Seattle Pacific Industries, whose brands include Union Bay, Re*Union and Sergio Valente. "After looking into the alternatives, we arrived at the conclusion that TheRightSize offers the best solution to the problem of size-related returns. TheRightSize will bring added value to our online apparel business by making it easier for consumers to select merchandise that fits and to avoid the frustration of having to make costly and time-consuming returns," said Dick Baker, president and CEO of Ocean Pacific. Unlike existing technology that uses scanning and body measurements along with manufacturers' specifications to provide sizing information, TheRightSize requires no input of customer measurements. Instead, its patent-pending 'Rosetta Stone' technology can make highly accurate fit recommendations by computing patterns and matches based on consumers' true preferences and sizes in a variety of brands and styles. The service can be used by business subscribers as a branded, integrated and intrinsic feature within their own websites or catalog call centers with relative ease.


USA: Industry Veteran Leaves Barneys For J.C. Penney Jane Mallin | 28 Jul 00

Allen Questrom has been named chairman and chief executive officer of J.C. Penney Company, Inc. (NYSE:JCP). The Texas-based company, which operates JCPenney Stores, the JCPenney catalogue and Internet retailing businesses, said that Mr. Questrom, who will leave his position as chairman and CEO of Barneys New York, Inc, the retail giant, will succeed James E.


USA: DOTS Chooses SVI's Retail Merchandise Management System Company Press Release | 27 Jul 00

SVI (AMEX:SVI) announced today that its subsidiary, SVI Retail, has signed an agreement to provide DOTS, Inc, the women's bargain apparel company, with a new back office enterprise solution. SVI Retail's Merchandise Management System will give DOTS central control over their 236 chain of stores. It will manages the retailer's back office operations, including merchandising, warehouse management, ticketing, events, sales audit, and finance. Steve Hendricks, DOTS vice president of information services, said: "The purchase of SVI's Merchandise Management System completes our strategic technology transformation. As with any retailer, the merchandising system sits at the core of our operations - so this was a critical decision. DOTS selected SVI's solution for its key functionality and solid reputation within the industry.""Upon completion of the DOTS solution life cycle analysis, it was clear that the combination of our two companies' experienced people, proven products and overall retail strategy was a winning approach," said Carolyn Zainer, vice president of sales and marketing for SVI Retail.


E-commerce gets easier just-style.com | 24 Jul 00

Using the Internet as a sales tool has become a way of life for an increasing number of companies, with everything from books, cars, banking and travel arrangements now established as online commodities. Apparel, though, has been slower off the mark. But all the signs suggest that this is changing and that clothing will soon have a major contribution to make to the digital economy.


USA: FTS Hires Former J.C. Penney Buyer Company Press Release | 18 Jul 00

Full Tilt Sports, Inc dba FTS Apparel (OTCBB:FTSX), has appointed Lonnie Martin, former buyer of young men's collections at JC Penney Company, Inc, to the position of Key Accounts Manager (NYSE:JCP). Mr Martin, who possesses over twenty years of retail experience, commented: "The young men's category is going through an exciting period right now as it is driving the market in fashion. There is a noticeable void in this market as the young consumer is searching for a brand they can relate to. I believe FTS is that brand. It just fits." Roger Burnett, president of FTS, believes Mr Martin will bring instant credibility to the FTS brand: "With his extensive experience and his understanding of the marketplace, Mr Martin will be a tremendous resource for FTS," stated Burnett.


USA: JD American Workwear Expands Services With Four Specialized Divisions Company Press Release | 6 Jul 00

JD American Workwear (OTC Bulletin Board: JDAW), a fully reporting company, announced today the advancement and expansion of its services. The company restructured as a newly formed acquisition and holding company and has developed four specialized divisions, each with its own infrastructure of management. A company name-change and new trading symbol is expected in the immediate future. The respective divisions of consumer products, manufacturing and fabrication, and construction management are already comprised, as the company's wholly owned subsidiaries. The company is in the final stages of negotiations to acquire a high technology company to complete its fourth division.


USA: Dickies And JCPenney Partner To Serve Booming School Uniform Market Company Press Release | 3 Jul 00

With over 13,000 public schools nationwide instituting uniform programs, JCPenney (NYSE: JCP) and Dickies have joined forces to serve a booming apparel market by offering branded standardized boys attire in the JCPenney Fall/Winter 2000 Catalog and its online counterpart, jcpenney.com."We are very excited about this new opportunity to reach millions of American households," says David Hein, general manager for Dickies Schoolwear for the Williamson-Dickie Mfg Co.


USA: JD American Workwear Acquires Patina Corporation Company Press Release | 22 Jun 00

JD American Workwear, Inc (OTC Bulletin Board: JDAW), announces today the company's newly formed manufacturing division has successfully reworked and completed the purchase of the Patina Corporation, which includes International Machine and Welding, Inc. The new wholly owned subsidiary expects revenue generation of $3 million and $500,000 net operating profits for the first complete fiscal year.


ISRAEL: Delta Galil To Purchase US Underwear Producer, Wundies Company Press Release | 13 Jun 00

Delta Galil Industries Ltd. (Nasdaq: DELT), the global provider of private label intimate apparel, men's underwear, socks, baby wear and leisurewear, today announced that it has signed a Letter of Intent to acquire all shares of a private US company, Wundies Industries Inc. For the fiscal year ended September 30, 1999, Wundies had sales of US$110 million,


The Home Market - The Good, The Bad and The Under Performers Bobbin Publishing Group | 17 Mar 00

While consumer spending in the home market remains healthy and brand business is surging for some makers, other players are struggling under the weight of under-performing categories and declining stock market confidence. by Jules Abend To subscribe to Bobbin, please visit


U.S. Contractors Diversify Bobbin Publishing Group | 13 Dec 99

U.S. apparel contractors have become very resourceful in their diversification beyond the cut-make-trim business. It's been a necessary evolution in their uphill battle to stay in the game in the face of abandonment by many of their traditional customers. There's no way to sugarcoat the facts. The U.S. apparel contracting industry was forced to swallow a bitter pill when NAFTA went into effect on Jan. 1, 1994.

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