Nordstrom Adds Veteran to Designer Merchandising Post

Seattle, Nordstrom has announced two high-fashion moves. It is buying luxury specialty retailer Jeffrey in a deal reported to cost in excess of $50 million and has hired Jeffrey’s founder, Jeffrey Kalinsky, as Nordstrom’s director of designer merchandising.

Kalinsky will continue to operate his two namesake stores—one in Atlanta and the other in New York—as president and CEO.

Jeffrey stores did about $35 million in sales last year, according to Nordstrom.