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|Articles - October 2013|
|Monday, September 30, 2013|
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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.
Saturday, December 13, 2014
Seven tidbits about the president and CEO of AKT Group.
Wednesday, October 22, 2014
BY JON BELL
Oregon tribes still bet on casinos.
Friday, October 31, 2014
BY LINDA BAKER | OB EDITOR
Why are there so few transportation startups in Portland? The city’s leadership in bike, transit and pedestrian transportation has been well-documented. But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.
Thursday, December 11, 2014
BY APRIL STREETER
Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.
Tuesday, December 09, 2014
BY LINDA BAKER
On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
Thursday, December 18, 2014
BY JASON NORRIS | OB CONTRIBUTOR
The implosion of the energy complex: The best thing for low oil prices is low oil prices.
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