Chic by H.I.S., New York, announced it has hired investment banker Blackstone Group to evaluate a sale of part of the company. In a statement, the jeans marketer said it's negotiating with "prospective purchasers for certain of the company's assets." It didn't identify the suitors or which assets are involved in the negotiations.
Jan Soderstrom left her post as senior VP-global brand management at Charles Schwab & Co., San Francisco, two months after joining the brokerage. Ms. Soderstrom joined Schwab in September from Visa International, where she was VP-International.
Nance Dickinson to VP-marketing, Clinique USA and Canada, at Estee Lauder Cos., New York. She succeeds Sandy Cataldo, now senior VP-marketing, USA and Canada, for the Estee Lauder brand.
Jo Bredwell to senior partner-global business, a new post at J. Walter Thompson Co.'s JWT Specialized Communications, New York. She most recently was senior VP-corporate director of client services, Omnicom Group's Bernard Hodes Advertising. Ms. Bredwell's primary responsibility will be Merrill Lynch & Co. global recruitment, but she also will work on other global accounts.
CIA Asia Pacific Holdings, a subsidiary of the U.K.-listed Tempus Group, is planning to purchase a 40% stake in Media Innovation Co., Thailand's only independent media consultant. The deal includes a commitment by CIAAPH to acquire a further 11% in the future. The new agency will be called CIA Media Innovation.
Copyright November 1999, Crain Communications Inc.