Nautica Enterprises, Inc. (NASDAQ: NAUT)
today announced the appointment of Zach Augustine to the position of
Vice President – Creative Services Director for all Nautica brands.
In this newly-created role, Mr. Augustine will be responsible for
overseeing all creative aspects relating to the imagery and visual
presentation throughout in-store shops in department stores, and
specialty retail and outlet store locations for the Nautica brands on a
global scale. The brands include Nautica, Nautica Competition, Nautica
Jeans, Nautica sleepwear,Nautica childrenswear and all Nautica
licensed products.
Mr. Augustine will take overall creative direction from David Chu and
will coordinate with the Company's marketing and merchandising teams to
ensure the delivery of a consistent brand image across all levels of
distribution.
Prior to joining Nautica Enterprises, Inc., Mr. Augustine served as
Vice President of Creative Services at Polo Jeans Company beginning in
1997. Prior to this, he was the United States Visual Director at Diesel
USA from 1995 to 1997 and the New York Visual Director for Giorgio
Armani's Black Label from 1994 to 1995.
Mr. Don Witkowski, President of Nautica International, Inc. commented,
“I am thrilled to have Zach come on board and join our team at
Nautica. As evidenced by his impressive background, he brings to our
organization a solid understanding of brand imagery and the various
strategies involved with effectively conveying a brand's point of view
both domestically and internationally. Having worked with Zach in the
past, I am confident that he will have a positive impact as we continue
to communicate the Nautica brand as a modern American classic to our
customers.''
Nautica Enterprises, Inc. (NASDAQ: NAUT), through its subsidiaries,
designs, sources, markets and distributes apparel under the following
brands: Nautica; Nautica Competition; Nautica Jeans Company; John
Varvatos; E. Magrath; Byron Nelson; and Earl Jean.
This press release contains “forward-looking statements'' as defined
in the Private Securities Litigation Reform Act of 1995. These
statements are based on the Company's current expectations of future
events and are subject to a number of risks and uncertainties that may
cause the Company's actual results to differ materially from those
described in the forward-looking statements. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from
those anticipated, estimated or projected. These factors and
uncertainties include, among others: the risk that the businesses of
the Company and Earl Jean will not be integrated successfully; the
overall level of consumer spending on apparel; dependence on sales to a
limited number of large department store customers; risks related to
extending credit to customers; actions of existing or new competitors
and changes in economic or political conditions in the markets where
the Company sells or sources its products; risks associated with
consolidations, restructurings and other ownership changes in the
retail industry; changes in trends in the market segments in which the
Company competes; risks associated with uncertainty relating to the
Company's ability to launch, support and implement new product lines;
effects of competition; changes in the costs of raw materials, labor
and advertising; and, the ability to secure and protect trademarks and
other intellectual property rights. These and other risks and
uncertainties are disclosed from time to time in the Company's filings
with the Securities Exchange Commission, including the
“Forward-Looking and Cautionary Statements'' section of the Company's
Annual Report on Form 10-K for the fiscal year ended March 4, 2000, in
the Company's press releases and in oral statements made by or with the
approval of authorized personnel. The Company assumes no obligation to
update any forward-looking statements as a result of new information or
future events or developments.