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|Articles - October 2013|
|Monday, September 30, 2013|
Page 1 of 2
BY LINDA BAKER
On a Friday afternoon, Mark Korros, the 61-year old CEO of Pendleton Woolen Mills, is in the company’s Portland home showroom, where the Native American-style blankets Pendleton has been making for a century share space with a relatively new product line: jacquard towels fashioned out of cotton, not Pendleton’s trademark wool. In just a few years, the towels have become a several-million-dollar business for the iconic brand, which celebrates its 104th birthday this year.
A longtime apparel executive who most recently was CEO of Seattle-based Filson, Korros took the reins at Pendleton in February. His goal is to continue down the path the company has been following for several years: updating a historic Oregon brand for the modern consumer. “We need to constantly provide loyal, ongoing customers with new products that excite them,” says Korros, a Kentucky native who wore the company’s classic board shirt as a kid. “But we also need to create products that will attract new customers.”
Incorporated in 1909, Pendleton employs about 900 people, including 223 in the company’s Pendleton and Washougal woolen mills. In addition to 70 retail stores around the country, Pendleton operates a wholesale business, and company products are distributed in 25 countries around the world.
Although the family-owned company took a hit during the economic downturn, Pendleton has since been on an upward trajectory, says Korros, who declined to reveal revenues. “We’re definitely in expansion mode,” says Korros, who spoke to Oregon Business about a month before participating in a classic company ritual: attending the Pendleton Round-up with his wife and 6-year-old daughter. “It’s like the Superbowl around here,” he says wryly.
Helping power the company’s growth is an array of new initiatives aimed at achieving a mix of the traditional and the contemporary. Korros is also alert to global apparel- industry trends, such as the push to bring back manufacturing to the U.S. and a surge of interest in sustainable fabrics.
In 2014, for example, Pendleton will debut a spring version of the Portland Collection, a 3-year-old line of modern textiles featuring updated styling, eco-friendly fabrics and fresh colors, including custom-print silk dresses and reversible jacquard coats that have been featured in the likes of Vogue and GQ.
Friday, February 20, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
Friday, March 27, 2015
BY AMY MILSHTEIN
Damian Smith bets on changing himself — and Portland — through consulting.
Friday, March 20, 2015
BY OB STAFF
Join us to celebrate and network with Oregon’s best green workplaces!
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
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