Question-and-Answer Session
Operator
(Operator Instructions) We’ll hear first from Eric Beder with Breen Murray.
Eric Beder - Brean Murray, Carret & Co.
Good afternoon. Could you talk a little bit about where we are with the other big rollouts for 2009, the Calvin Klein active wear and the Jessica Simpson rollout?
Morris Goldfarb
The sportswear collection at Calvin Klein is being received very, very well. As most of you know, this was in the hands of [Kellwood] last year and what we have done is we believe we have corrected the design, corrected the pricing, and have a wide response from retailers. It’s actually quite good. There are retailers that have been sitting on the sidelines for several seasons that are back with us buying the line. We have approximately 200 doors that we are launching with and our bookings are ahead of plan.
The Jessica Simpson [inaudible] business is actually okay. It’s not as -- quite honestly, it’s not anticipated to be as exciting as Calvin Klein. It’s a niche business and it integrates quite well with some of our other pieces. It’s not costing us an incredible amount of business -- amount of money to be in this business and this is an example of how we are levering our labor pool and real estate, as well as our sourcing capabilities.
We will be shipping Jessica Simpson in February and it’s been pretty well-received. We think we will be happy with it. It’s not going to change the course of the world for us. It doesn’t have the same impact as Calvin Klein but we are in approximately 125 doors to start, which is more than acceptable.
Eric Beder - Brean Murray, Carret & Co.
Okay, and in terms of Wilson’s leather, how has the response been to some of the brand [inaudible] you put in and where do you expect to further penetrate that going forward?
Morris Goldfarb
Well, the problem that we have incurred with Wilson’s is number one it’s lost its identity, partly due to the fact that as we were building the outlets in the last few months, they -- unanticipated, they shut down all their mall locations. So there’s some confusion as to whether the outlets are the same as mall. We never acquired the mall locations. Our intent was to build outlets and have it as an independent retail on the G-III. The product that is currently in the Wilson’s outlet is not planned product. We have no time to manufacture and distribute product, as we finally consummated our deal in I guess late July and scrambled to get inventory in. So it is at best, it’s a patchwork job that is in the process of being corrected.
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