Nautica Enterprises, Inc. (Nasdaq:NAUT) today announced the appointment of Tord Hellbing von Dyrssen to the
position of Managing Director of Nautica Europe, a division of Nautica Enterprises, Inc.
Mr. Dyrssen is based in London and is responsible for managing all the day-to-day operations of Nautica Europe. He reports to Harvey Sanders, Chairman and Chief Executive Officer of Nautica Enterprises, Inc.
Prior to joining Nautica Europe, Mr. Dyrssen was at Donna Karan International, where he started in September 2000 and held the position of Vice President of International Sales for all brands and General Manager for Europe. Prior to such position, he worked at Polo Ralph Lauren as Sales Director Europe for Polo Jeans and was responsible for managing the launch of Polo Jeans mens and womenswear in Europe.
Additional previous positions at Polo Ralph Lauren included, Sales Manager Europe for all Ralph Lauren womenswear and Polo Ralph Lauren accessories. Mr. Dyrssen also worked as Area Export Manager for Rene Lezard Fashion Group in Germany and was the International Sales Manager
for Nicole Farhi (French Connection Group) in London.
Harvey Sanders, commented, “We are very pleased to have Tord join our senior management team. He has extensive sales experience and a strong track record in managing European operations. Importantly, Tord has clearly demonstrated his ability to significantly drive business
throughout European markets. We stand to benefit greatly from Tord's leadership combined with the solid infrastructure that we have put in place.”
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; Earl Jean; E. Magrath; Byron Nelson.
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 new businesses of the Company 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, estructurings 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 in the United States and Europe; 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 and 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 3, 2001, 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.
Nautica Enterprises, Inc.