Oxford Industries founder retires
Private label apparel producer Oxford Industries, Inc. has appointed Terry Pillow chief executive officer of the Tommy Bahama Group. Mr Pillow will join the brand on March 17 and will assume the title on June 1, when current CEO and founder, Tony Margolis, will retire.
Mr Pillow has 30 years experience in the apparel, footwear and accessories business. He began his career at Neiman Marcus and subsequently held executive leadership positions with A/X Armani Exchange, Coach and Polo Ralph Lauren.
Of Mr Margolis, chairman and CEO, Mr J Hicks Lanier, said: "Tony's vision, focus and understanding of brand management have built Tommy Bahama into one of the fashion world's foremost aspirational lifestyle companies.
“Although Tony is planning to retire on June 1, 2008, he will remain a valued, active contributor through his new role as chairman of the Tommy Bahama Advisory Board."
Also effective June 1, Doug Wood will be promoted to president and chief operating officer of the Tommy Bahama group.
