Paul Blum Named CEO of Kenneth Cole
Kenneth Cole announced that they will be appointing the position of CEO to Paul Blum, effective as of June 20. Blum is definitely a veteran when it comes to wholesale and retail business, especially in marketing and e-commerce which will prove to be majorly beneficial to Kenneth Cole and may be able to reposition the company in a more modern and effective way. Kenneth Cole himself will continue as Chairman and Chief Creative Officer so that he may maintain the creative role over design and advertising while Blum will report to Mr. Cole and join the Company’s Board of Directors. He was hired in March as Vice Chairman when Blum partnered with Cole to develop an overall strategy for the company and to outline the necessary changes to enable the fashion brand to even better realize and leverage its potential. Blum brings over 25 years of experience in footwear, accessories, apparel, wholesaling and retailing to the position. He most recently held the position of CEO at luxury jewelry companyDavid Yurman Inc.
“Since the beginning of our partnership 20 years ago, Paul and I have developed a tremendous ability to collaborate and achieve results. With his deep knowledge of our brands and businesses, we are excited to restart this partnership and benefit from his broad range of experience. We look forward to demonstrating our capabilities as we emerge from a long period of restructuring, and to reinvigorate our plans for growth.” says Cole.
“I am excited and enthusiastic about returning to Kenneth Cole at such a great time for the Company. I look forward to working with Kenneth again and the very talented management team to capitalize on the tremendous opportunities to leverage its strength, and unique heritage in the global marketplace” says Blum.