News

Nordstrom to acquire majority interest in Jeffrey

22/08/2005

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.

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