Bloomberg The Mentor
It's been said that Kaenon Polarized makes the “best sunglasses you’ve never heard of.” How do we change that, and stand toe-to-toe with our biggest competitors? With over 30 years of CEO retail experience, Jay Margolis steps in with advice. Checkout the full episode of “The Mentor” below to get a first ever inside look into the world of Kaenon.
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Mr. Margolis is a seasoned executive with over 30 years of experience as President/CEO at seven retail apparel corporations, where he has led men’s, women’s, sports, children’s and footwear groups. As an expert in apparel management with a consistent track record of revenue growth and profitability, Mr. Margolis has been a student of trends worldwide in multiple product categories, developing skills that have been proven effective in reviving brands, growing revenues, increasing consumer response, rebuilding retailer confidence and support, and driving product sales into new channels. Mr. Margolis has most recently turned around the apparel companies of Limited Corporation after turning operations from a $100 million loss to a $130 million profit from 2005 to 2007, culminating in the sale of the Express and Limited Stores divisions. Previously, Mr. Margolis led the turnaround of Reebok and Esprit de Corp, restoring the brands and converting several years of sales contraction to revenue growth. Currently, Mr. Margolis is on the Board of Directors at Godiva Chocolate, Boston Beer Company (Sam Adams), Built in New York, Burlington Coat Factory (owned by Bain Capital), and is a retail, fashion and consumer products contributor for Bloomberg TV. He lives in New York with his wife Donna, and has two children and three grandchildren. Mr. Margolis is recognized as one of the leading turnaround retail executives in the U.S.
Bloomberg Television, the leading financial network based in New York, is taking an exclusive look inside Kaenon’s headquarters during the second season of “The Mentor”, an original new series featuring top CEOs mentoring small business owners across America. What if entrepreneurs from around the U.S. had the chance to get real-life advice from some of America’s best-known CEOs? Bloomberg The Mentor tests that concept.
Chosen by Bloomberg Television for its unique blend of industry-leading technology and lifestyle-driven focus, the Kaenon Polarized story will be told by co-founding brothers Steve and Darren Rosenberg. They will be joined by “mentor” Jay Margolis, who has headed companies like Reebok, Godiva Chocolatier, Tommy Hilfiger, Liz Claiborne and Esprit de Corp. Watch the full episode above to hear Kaenon's brand story and get an inside look at the company.