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|Articles - October 2013|
|Monday, September 30, 2013|
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Introduced this fall, the new Thomas Kay collection is steeped in the past. Named after the company’s Yorkshire, England-born founder, the collection blends British and American styles; i.e., notch-lapel blazers in tweed fabrics and an axe fashioned from high carbon steel and an Appalachian hickory handle.
Other design initiatives include a new, wearable accessories line — leather bags, belts, hats — and a planned expansion of the company’s outerwear business capitalizing on company expertise with wool. “Look for Pendleton to reclaim its position as a major outdoor retailer,” says Korros, emphasizing the growing popularity of merino wool as a base layer. A Nike-esque innovation team is also working on the cutting edge to develop sustainable, lighter-weight, wrinkle-free and stain-free wools.
Awash in new fabric launches, Pendleton, as Korros observes, is an apparel maker of many dimensions. The company collaborates with other brands, most recently with Bugaboo to provide a custom lining for strollers. Licensing is another source of revenue, with the biggest deal coming from Hood River Distillers, distributor of Pendleton whiskey.
About that domestic manufacturing push: Today iconic American brands are all the rage, one reason Pendleton is doing so well in Japan, Korros says. But for the most part, this signature American brand manufactures its product abroad — on almost all continents except Australia, where the company sources much of its wool. Despite the outsourcing, “‘Made in the USA’ is definitely a trend for us,” Korros says. Starting next year, the entire Portland and Thomas Kay collections will be made in the U.S. Korros also touts the longevity of the company’s two mills. “There are only five woolen mills left in the U.S. We own two of them.”
In 2013 Pendleton still derives the bulk of its sales revenue from the classic Pendleton line: woolen shirts, skirts, pants and jackets that appeal to the company’s core 45- to 70-year-old demographic. In the old days, classic Pendleton defined the company — its past, present and future. Today, says Korros, Pendleton aims “to support any type of activity a person might have,” be it playing soccer, attending a cocktail party or hanging out on the beach with a fresh cotton jacquard towel.
He sums up the company’s multipronged strategy with a wardrobe analogy: “The No. 1 goal is to bring high-quality products to market that are relevant to consumers — and fill their closets.”
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Tuesday, June 09, 2015
The technology at the center of Oregon’s road usage fee reform.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Friday, July 10, 2015
BY DAN COOK
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