Changes at Holt Renfrew, Neimans sees results, Gap International down, Applied DNA, Kleibacker remembered

Holt Renfrew Flagship, Toronto | Source: 3G Lighting

Holt Renfrew Flagship, Toronto | Source: 3G Lighting

Changes at the top for Holts (Globe and Mail)
“Upscale fashion retailer Holt Renfrew & Co. has replaced its president Caryn Lerner with company insider Mark Derbyshire, making the leadership change just as it is gearing up for a more prosperous economic environment.”

Neiman Marcus key sales figure climbs in December (Business Week)
“Luxury retailer Neiman Marcus Inc. said Thursday that sales at its namesake stores and Bergdorf Goodman locations open at least a year rose 4.5 percent in December, as shoppers picked up designer handbags, jewelry, shoes and men’s and women’s clothing.”

Like-for-likes drop at Gap’s international stores (Drapers)
“Gap, the US casualwear giant, said like-for-likes at its international stores fell 1% in the five weeks to January 2, compared with a 5% drop over the same period last year.”

Luxury brands turn to DNA for protection (Toronto Sun)
“A New York state-based company has announced it will be adding genetic material to some high-end products. Applied DNA Sciences, based in Stony Brook, N.Y., said it has reached an agreement to supply a European luxury goods company with DNA markers to protect its products from counterfeiters.”

Charles Kleibacker, Fashion Designer, Dies at 88 (NY Times)
“Charles Kleibacker, a former fashion designer whose taste for intricately constructed gowns gave him the nickname Master of the Bias in the 1960s, died Sunday in Columbus, Ohio. He was 88.”