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Columbia Sportswear restructures
executive posts
Outdoor clothing, accessories
and equipment retailer Columbia
Sportswear has opted for a
major restructuring of executive
leadership line-up as a part of
an on-organizational assessment
kick-started by the company in the
beginning of 2017.
As a part of the move, Tom Cusick,
who is currently the CFO and
Treasurer of the company will move
up to the position of Executive VP
and COO; Franco Fogliato will move
up to be the EVP, Americas General
Manager, and will be responsible
for the company’s wholesale and
direct-to-consumer sales tasks
in North America; Matthieu
Schegg will take up Fogliato’s old
position as Vice President, EMEA
General Manager, and oversee the
company’s wholesale and direct-to-
consumer sales in Europe.
Meanwhile, Joe Boyle will be
promoted to EVP, Columbia Brand
President, and will be in-charge
for the creation of Columbia brand
apparel, footwear, accessories,
and equipment internationally;
Doug Morse, will now be the Senior
VP, Emerging Brands and APAC,
directing the leaders at the house’s
Mountain Hardwear, prAna and
Sorel brands and will oversee
their dealings in Japan, China and
Korea.
Peter Bragdon, who has served as
EVP, Chief Administrative Officer,
General Counsel, and Secretary
of the company since 2015, will
adopt oversight of the firm’s global
distributor business and expand his
leadership of Government affairs,
external relations and corporate
communications, in addition to his
current duties.
Commenting on the changes
made, Tim Boyle, President and
CEO, Columbia Sportswear, said,
“We have established strong
momentum behind our portfolio of
dynamic brands. We are committed
to being a brand-led, consumer-
first organization with clarity
in strategy and direction across
brands, regions and channels. I
am confident that the leadership
structure we are announcing
today will enhance our ability
to successfully execute our
strategic plan and to further drive
sustainable, profitable growth.”
Guess faces EC antitrust investigation over
distribution practices
restrict authorized retailers from
selling online to consumers or to
retailers in other Member States.
They may also restrict wholesalers
from selling to retailers in other
Member States.
The European Commission (EC)
has opened a formal antitrust
investigation into the distribution
agreements and practices of
clothing manufacturer and retailer
Guess. The Commission will
examine whether Guess illegally
restricts retailers from selling
cross-border to consumers within
the EU Single Market.
Commissioner Margrethe
Vestager, In-Charge of
Competition Policy said, “The
Commission has information
indicating that Guess, in its
distribution agreements, may ban
cross-border sales to consumers.
One of the key benefits of the
EU’s Single Market is that
consumers can shop around
for a better deal. We are going
to investigate Guess’ practices
further to ensure that it’s playing
by the rules and not preventing
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consumers from buying products
across borders.”
The Commission will investigate
information indicating that Guess’
distribution agreements may
Guess designs, distributes and
licenses clothing and accessories.
Guess’ apparel is marketed under
numerous trademarks, including
“GUESS?” and “MARCIANO”. Guess’
agreements under investigation may
be in breach of EU competition rules
(Article 101 of the Treaty on the
Functioning of the European Union),
which prohibit agreements between
companies that prevent, restrict or
distort competition within the EU’s
Single Market.