Apparel

Columbus, Ohio – Express Inc. is naming a new CFO, and not looking far to fill the role.

Perry Pericleous, previously VP, finance, has been promoted to senior VP, CFO and treasurer, reporting to Matthew Moellering, executive VP and COO.  

Pericleous succeeds Paul Dascoli, who has left the company, effective July 7. Pericleous, 42, is a 15-year veteran of Express and most recently served as VP, finance with responsibility for all financial planning and analysis functions.

Kohl’s is launching an innovative program to attract shoppers to its back to school sales.

The retailer plans to feature children’s books from author Laura Numeroff now through September at Kohl’s stores nationwide and on Kohls.com. Each item is priced at just $5, with 100% of the net profit supporting children’s health and education initiatives nationwide. 

San Diego – Contrary to popular wisdom that women desire a highly interactive shopping experience while men just want to be left alone, the two genders may actually have some similar retail preferences.

According to Interactions Marketing’s latest Retail Perceptions report, “Does Gender Influence Shopping Behavior?” men and women’s shopping behaviors have many similarities.

Seattle -- Nordstrom remains on the move with its off-price division.

New York -- High-end luggage and accessories Tumi has selected LED lamps from Solais Lighting, a division of PowerSecure International, has its lighting product of record. Tumi has specified Solais’ Xi20 and Xi24 PAR LEDs featuring the company’s VioLight color-enhancing technology.

Tumi recently installed the LEDs in its store in New York City’s Rockefeller Center.
 

Los Angeles - Although summer vacations have just begun for many schoolchildren, parents already have back-to-school shopping on their minds.

According to the new Consumer Pulse survey of parents with kids in grades K-12 and college from Rubicon Project, 56% of respondents said they plan to spend more money per child than they did last year to prepare the students for the upcoming school year.

Express Inc. has named a new CFO, and the retailer did not look far to fill the role.

Kenosha, Wis. – Some things are traditionally assumed not to mix – oil and water, cats and dogs, finance and IT. While the CFO has been taking a more active role in high-level IT decision-making in recent years, vertical apparel retailer Jockey International Inc. mixes money with technology more than most of its competitors.

The Wall Street Journal reports that privately held Jockey recently hired Dain Bussewitz, former VP of finance at Abercrombie & Fitch, to assume the combined role of CIO and CFO.