Weyco Group Inc. Announces the Retirement of Peter S. Grossman as Senior Vice President of the Company and President of the Nunn Bush Brand and Retail Division
March 07, 2012 at 02:32 am IST
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Effective December 31, 2011, Peter S. Grossman retired from his positions as Senior Vice President of Weyco Group Inc. and President of the Nunn Bush Brand and Retail Division. Mr. Grossman, age 68, joined the company in 1965, became Vice President in 1971 and served as Senior Vice President since 2002.
Weyco Group, Inc. designs, markets, and distributes footwear principally for men. The Company is also focused on women and children, under a portfolio of brand names including: Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The Company operates through two segments: North American wholesale (Wholesale) and North American retail (Retail). In the Wholesale segment, its products are sold to footwear, department, and specialty stores, as well as e-commerce retailers, primarily in the United States and Canada. It also has licensing agreements with third parties who sell its branded apparel, accessories, and specialty footwear in the United States, as well as its footwear in Mexico and certain markets overseas. The Retail segment consists of e-commerce businesses and four brick-and-mortar retail stores in the United States. Retail sales are made directly to consumers on its Websites, or by its employees in its stores.
Weyco Group Inc. Announces the Retirement of Peter S. Grossman as Senior Vice President of the Company and President of the Nunn Bush Brand and Retail Division