Nordstrom to acquire majority interest in Jeffrey
US Fashion retailer Nordstrom, Inc. has announced that it has purchased a majority interest in luxury specialty retailer Jeffrey.
Jeffrey Kalinsky, the founder of two successful luxury specialty stores, Jeffrey New York and Jeffrey Atlanta will become director of designer merchandising at Nordstrom and will continue to operate his Jeffrey stores as president and CEO. No further details about the agreement were disclosed.
Jeffrey Kalinsky started his retail career selling designer shoes at his
father's store, Bob Ellis, in
In 1999, he opened Jeffrey New York. Kalinsky has worked for Bonwit Teller, Bergdorf Goodman, Donna Karan and Barneys New York.
Just Jeffrey, Inc. operates two luxury specialty stores, Jeffrey New York in
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 152