31.03.2008 13:30:00
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Fabulosity Designed by Kimora Lee Simmons Launches Exclusively At JCPenney
J. C. Penney Company, Inc. (NYSE: JCP) and Kellwood Company today
announced the launch of Fabulosity, a complete fashion sportswear
line designed by Kimora Lee Simmons to be sold exclusively at JCPenney.
The new collection, created for JCPenney’s
Juniors customer, will debut in JCPenney stores and online at jcp.com in
July, just in time for the Back-to-School season.
Inspired by the glamorous lifestyle of former runway model Kimora Lee
Simmons, Fabulosity embodies a lifestyle of confidence, beauty
and fashion sense, all at a smart price. Renowned for pioneering the
introduction of glamour and feminine appeal to the urban brand category,
Simmons has created a new line for JCPenney, which combines the two
worlds she knows best -- high fashion and hip hop. Fabulosity will
be merchandised at JCPenney as an urban lifestyle offering in Juniors
with a complete sportswear line featuring tees, knit tops and sweaters,
jeans, skirts and dresses, as well as hoodies, jackets and outerwear.
The collection will be offered at JCPenney’s
best pricing tier and will range from $29 to $108.
"As the No. 1 department store for teens,
JCPenney has a proven track record of delivering a wide array of
must-have styles and brands to some of our most discriminating
customers: teen girls,” said Ken Hicks,
president and chief merchandising officer for JCPenney. "We
continue to build on this leadership with the launch of Fabulosity, which
brings Kimora's popular charismatic personality and flair for fashion to
our Juniors department, expanding our offering and deepening our
emotional connection with our younger customers through a truly
authentic brand."
"I can’t wait to
bring Fabulosity to the JCPenney Juniors customer! Young teen
girls are fabulous and my new collection will further build their
confidence as they head back-to-school. Fabulosity is all about
celebrating who you are and your individual greatness - living your
dream and being whatever you want to be. This is a great message for
young teens -- and I am so proud to partner with JCPenney on this
collection,” commented Simmons.
Bob Skinner, Kellwood chairman, president and chief executive officer
added, "Kimora touches the heart and soul of
teens and young women around the world. Her positive influence and
confident fashion bravado sends a message of self-reliance and
fearlessness to teens. Kimora’s new
Fabulosity collection is certain to engage the JCPenney Juniors
customer, and we look forward to expanding our partnership with JCPenney
on this new initiative.”
The Fabulosity sportswear collection is produced under a
licensing agreement by BP Clothing, LLC.
About JCPenney
JCPenney is one of America's leading retailers, operating 1,074
department stores throughout the United States and Puerto Rico, as well
as one of the largest apparel and home furnishing sites on the Internet, jcp.com,
and the nation's largest general merchandise catalog business. Through
these integrated channels, JCPenney offers a wide array of national,
private and exclusive brands which reflect the Company's commitment to
providing customers with style and quality at a smart price. Traded as
"JCP" on the New York Stock Exchange, the Company posted revenue of
approximately $19.9 billion in 2007 and is executing its strategic plan
to be the growth leader in the retail industry. Key to this strategy is
JCPenney's "Every Day Matters" brand positioning, intended to generate
deeper, more emotionally driven relationships with customers by fully
engaging the Company's 155,000 Associates to offer encouragement,
provide ideas and inspire customers every time they shop with JCPenney.
About Kimora Lee Simmons
Kimora Lee Simmons is president of Baby Phat and creative director of
Phat Fashions’ Baby Phat, Phat Farm, and KLS
Collection brands. Phat Fashions is a division of Kellwood Company. Over
the years, Kimora has inspired a new generation of consumers with her
glamorous, sexy, over-the-top style. Her influence in the world of
fashion is undeniable while her savvy as a businesswoman has made this
former runway model a worldwide brand phenomenon. Kimora is the only
multiethnic woman to have a successful fashion and media branded empire.
Quintessentially, she is the new establishment. As the instrumental
force behind the brands’ creative designs, ad
campaign strategies and marketing concepts, Kimora has taken her astute
business acumen and passion for her work to spearhead numerous brand
extension ventures with companies including Mattel, Motorola, Lancaster
and Dan River which include dolls, bedding, home products, candles,
fragrance and cosmetics.
About Kellwood Company
Kellwood is a $1.6 billion leading marketer of apparel and consumer soft
goods. Specializing in branded products, the Company markets to all
channels of distribution with products and brands tailored to each
specific channel. Kellwood is an affiliated portfolio company of Sun
Capital Partners, Inc. ("Sun Capital”),
a leading private investment firm specializing in leveraged buyouts and
investments in market-leading companies. For more information, visit www.kellwood.com.
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