Tom Nastos Appointed President of ENK International
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NEW YORK, NY, May 27 (MARKET WIRE) --
ENK International (ENK), the fashion industry's premier tradeshow
organization, announced today the appointment of Thomas Nastos as
president. Mr. Nastos, a highly regarded executive in the textile,
apparel and footwear industries, has served as member of the ENK Board of
Directors since 2007.
"I am very pleased to have Tom join me in the day-to-day activities of
ENK," said Elyse Kroll, Chairman of the Board and Chief Creative Officer
of ENK International. "Tom's extensive background in the industries that
are critical to our business will be extremely valuable as we focus on
refreshing the WSA footwear show and implementing our growth strategy
across ENK's other product platforms. I look forward to working closely
with him," Ms. Kroll added.
"As a director of the company, I have become familiar with the tremendous
business that Elyse created, which when joined with Forstmann Little's
history of backing growth companies results in a compelling company that
is well positioned for the future," Mr. Nastos said. "The company's
acquisition of the WSA Footwear Show was an important step in expanding
ENK's product categories," Nastos continued. "I look forward to working
with Elyse on a regular basis to build ENK International going forward."
In May 2006, Forstmann Little & Co., one of the most successful private
equity investment firms, acquired a majority stake in ENK. Chris Davis,
General Partner, Forstmann Little & Co., and an ENK Director said, "We are
very pleased that Tom has agreed to work directly with Elyse in leading
the day-to-day operations of ENK. His deep experience in the textile,
apparel and footwear industries allows him to provide strong operational
leadership while appreciating the perspective of both exhibitors and
retailers as we expand the company's product platforms to continue to
grow the company."
Since 1999, Mr. Nastos has been President and Chief Executive Officer of
Endurance LLC, a manufacturer and distributor of such well known brands as
Paper Denim, Joseph Abboud Jeans, Rocawear and ProKeds.
Prior to Endurance, Mr. Nastos served as President and Chief Executive
Officer of Aris Industries with such recognized brands as Perry Ellis
Jeans, Outerwear and Loungewear, Fubu Boys, Members Only Outerwear, xoxo
and Baby Phat. He also served for nearly a decade as President and Chief
Executive Officer of Synergy International, a $120 million private label
supplier.
Mr. Nastos is a member of the Dean's Advisory Council at Cornell
University and also serves as a professor of graduate studies in supply
chain management at the Fashion Institute of Technology.
About ENK
ENK International provides the forum for the fashion world to conduct
business. It is the leading tradeshow organization serving the upscale
fashion marketplace, including the men's, women's, accessories, footwear,
and children's categories. Founded in 1981 by Elyse N. Kroll, the Company
conducts 22 events per year, 16 of which are held in New York City, and
five in Los Angeles. ENK events are attended by critical fashion
retailers, representing both specialty and department stores from around
the world. They represent over 9,000 domestic and international
exhibiting companies, and over one million net square feet of exhibit
space.
The Company's FASHION COTERIE brand is the unrivaled marketplace for
women's high-end designer, contemporary, denim and lifestyle fashion in
the United States and is a "must attend" exhibition for high-end buyers
and sellers of women's fashion. SOLE COMMERCE was launched in response to
market demand and since its inception in 2001, SOLE COMMERCE has doubled
in size. INTERMEZZO Collections debuted in 1988, creating the mid-season
buying and selling marketplace for women's wear. Taking place in January,
May and August, these shows provide the industry with the opportunity to
buy products mid-season and for immediate purchase. The ACCESSORIE CIRUIT
brand was launched in 1987 and is the most important women's accessory
exhibition in the country and takes place three times each year. The
COLLECTIVE, as with all ENK brands, represents only the highest end of
the men's fashion world. In 2000, the Company launched its children's
exhibition under the brand CHILDREN'S CLUB in response to market demand
and customer persuasion. BRIGHTE COMPANIES are the Company's West Coast
events in LA. In 2006, ENK International launched its first premium denim
exhibition called BLUE, and an intimate showcase for very exclusive
international accessories called CLEAR.
About Forstmann Little and Co.
Since 1978, Forstmann Little has made 30 acquisitions and significant
equity investments, returning billions of dollars to its investors. The
firm's best-known investments include Gulfstream Aerospace, General
Instrument and Ziff-Davis Publishing. The firm currently holds substantial
ownership interests in Citadel Broadcasting, a leading radio broadcaster
in mid-sized markets, 24 Hour Fitness, the world's largest fitness center
company, and IMG Worldwide, the world's premier sports, entertainment and
media company and the owner and producer of New York's Mercedes Benz
Fashion Week, as well as ENK International.
Contact:
Jim Gallagher
IMG
(212) 774-4419
Email Contact
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