NexCen Brands Inc announced that Marvin Traub, President of Marvin TraubAssociates Inc Chairman of S.D. Retail Consulting and Senior Advisor to Compass Advisers, has joined its board of directors.
Mr. Traub was named President of Bloomingdale's in 1969 and Chairman and CEO of Bloomingdale's in 1978, and oversaw the store's expansion from a regional to a national chain. He served as a Director of Federated Department stores for more than a decade, resigning in 1992 to found Marvin TraubAssociates, a consulting firm that advises clients including Ralph Lauren, Oscar de la Renta, Elie Tahari, Saks Fifth Avenue, American Express, and the Time Warner Center in New York as well as international clients in Dubai, Moscow, Mumbai, Athens, Istanbul, London and Paris.
"NexCen is committed to the continued growth and profitability of our brand portfolio by leveraging the strength of our licensing, operations, finance, and marketing expertise across all of our verticals," said Robert W. D'Loren, President and CEO of NexCen Brands, Inc., noting, "Marvin Traub is uniquely qualified to offer expert counsel as we expand our consumer branded products and franchise properties, and build retail partnerships. We are privileged to welcome him to our board."
In addition to his experience in global branding and management strategies, Mr. Traub also advises equity and venture capital funds and provides financial services in his role as a senior advisor to Compass Advisers, a multi-dimensional financial services firm.
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