The Thread(www.thethread.com),the online global sourcing network specifically designed for the apparel, textile, footwear and accessories industries, today announced the appointment of industry veteran and logistics expert Tom Cole to its board of advisors. Cole, chairman and chief executive officer of Federated Logistics & Operations, a division of Federated Department Stores, Inc, joined the advisory board after assessing the value of service offered by The Thread.

The addition of Cole to The Thread's advisory board adds to a
top-notch panel of experts that includes: Robin Lewis, VP and executive editor WWD; Marc Balmuth, chairman of Bob's stores, and former president of Caldor stores; Jerry Hug, founding partner of Redwood Ventures; Stuart Bristor, president of Factoring Company, Bank of America, renowned author and expert on competitiveness and virtual organization; Roger Nagel, PhD; Professor James Rice, Jr, director of M.I.T.'s integrated supply chain management program; Andy Palmer VP sales and marketing with Bowstreet and Bob O'Neill, co-founder of EVP/FMI International.

Jack Listanowsky, the Thread's interim CEO said: "Tom brings
tremendous expertise to a board already comprising extraordinary talent in their respective fields. Tom's deep knowledge of logistics and operations gives us the insight and connections to help expand our leadership presence in the industry."

Cole joined Federated in 1980 as VP and controller of the I. Magnin
division, having spent eight years in the Allied Stores organization.
Appointed to positions of increasing responsibility, he was named
president/COO of Federated Merchandising, the company's merchandise buying and product development division, in 1988. He assumed his current position in 1995.

Recently, The Thread unveiled an integrated marketing campaign to
promote and position the company, while creating numerous partnerships with various leaders in the new economy, such as: Bowstreet, Competitive Knowledge, Exodus, Leverent, Oracle and Sun Microsystems.

About The Thread
The Thread(www.thethread.com)is an online global sourcing network created specifically for the apparel, footwear, textiles and accessories industries. Designed to work seamlessly with each organisation's business requirements, its technology enables companies to immediately streamline their supply chains, while also leveraging a sophisticated electronic marketplace to expand their business.