November 13, 2007
KOHL'S ANNOUNCES EXCLUSIVE LICENSE AGREEMENT
FILA SPORT® Branded Apparel, Footwear and Accessories to be Sold Exclusively at Kohl’s Stores in Fall 2008
MENOMONEE FALLS, Wis., November 13, 2007 — Kohl’s Corporation (NYSE:KSS) and Fila Luxembourg S.a.r.l. today announced a multi-year licensing agreement naming Kohl’s as the exclusive U.S. retailer of the FILA SPORT® collection. The collection will feature women’s, men’s and children’s apparel, footwear and accessories and will be available in Kohl’s stores nationwide and on Kohls.com in fall 2008.
"Industry-wide, the active and sport business continues to grow. The addition of FILA SPORT capitalizes on the market opportunity and expands our exclusive offerings with one of the most recognizable names in sportswear," said Kevin Mansell, president of Kohl's Department Stores. "We are confident that FILA SPORT will resonate with our shoppers and is a strong addition to our growing portfolio of world class brands."
The FILA SPORT collection will include apparel for women, men and children, accessories (including hats, wallets, bags, sunglasses, watches, belts, sports equipment and umbrellas) and footwear.
“We are delighted to have the opportunity to combine our FILA SPORT brand with Kohl’s successful, well-established retail infrastructure,” said Gene Yoon, Chairman of Fila Korea Ltd., the parent company of Fila Luxembourg S.a.r.l. “The Fila brand has a long history of sport and lifestyle product for the international marketplace. We are certain that Kohl’s in partnership with Fila will create a collection that combines the unique style and flavor synonymous with our brand."
Kohl’s will collaborate with Fila on apparel and accessory product design and lead the manufacturing, production, distribution, sales and marketing of the FILA SPORT collection for these products. Fila will collaborate with Kohl’s on the FILA SPORT branded footwear product design and will lead the manufacturing and production for these products.
About Kohl’s Corporation
Based in Menomonee Falls, Wis., Kohl’s (NYSE:KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. By the end of November, Kohl’s will operate 929 stores in 47 states. A company committed to the communities it serves, Kohl’s has raised more than $85 million for children’s initiatives nationwide through its Kohl’s Cares for Kids® philanthropic program. For a list of store locations and information, or for the added convenience of shopping online, visit www.Kohls.com.
Established in Italy in 1911, Fila is a leading manufacturer of footwear and apparel for sport and leisure that has developed excellent brand recognition by marketing products with a high design and style content that are endorsed by professional athletes from around the world. To learn more about the brand, visit www.Fila.com
Vicki Shamion, Kohl's
Jam Stewart, Kohl’s
Lauren Mallon, Fila