Gypsy Radio

Fort Really worth, Texas (PRWEB) November 09, 2011

Fort Worth-dependent fashion accessory producer Treska, Inc. introduced right now that it is now 100 percent personnel owned. Treska transitioned from a privately held firm to an personnel-owned organization by way of an Worker Inventory Possession Strategy (ESOP), which marketed the organization, through shares of stock, to qualified staff as component of their personnel rewards software. The Treska ESOP grew to become successful on October 19, 2011.

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As element of the transition, two crucial executives ended up promoted to new management positions. Gary Fields, a 23-calendar year Treska employee, was promoted to CEO, and Donna Kee was promoted to COO. Former Treska owner and founder Kay Pile selected to market the firm she commenced 32 years in the past in her garage to the Treska ESOP to make certain a productive management transition and to reward staff who have helped grow the organization during the very last 3 years.

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The establishment of the ESOP will aid secure a strong long term for Treska, its consumers and its workers, mentioned Gary Fields, incoming CEO. My goal is to proceed to support our market-top situation, while searching for new enterprise and world-wide growth possibilities.

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The transition will be seamless, as Fields has been with Treska for far more than 23 many years, and has figured out every factor of the company. In his new CEO capacity, he will proceed to create abroad expansion and direct product improvement. Piles will remain involved with design and style and artistic oversight.

Kee, who joined Treska in 2009 as controller, delivers 12 many years of expertise from her previous economic roles with the Texas Rangers Baseball Club and Dallas Stars Hockey Team. Last 12 months Kee was promoted to Vice President. In her new position as COO, she will oversee Treskas finance and functions capabilities.

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Treska has built its strong reputation as a major designer, marketer and distributor of fashion jewelry and equipment. The business is poised for continued expansion with its 78,000 square-foot entirely owned industrial area in Fortin Well worth that serves as its headquarters. It houses Treskas distribution middle, government workplaces, in-house style staff, customer assistance heart and product sales departments.

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Treskas two core groups of consumers are specialty boutique shops and important accounts, which incorporate major stores this kind of as Zevar by Treska at Steinmart, Chicos, Aris by Treska at JC Penney and Sears to name a couple of. Treskas robust distribution base is a end result of the wide assortment of top quality goods that contain all jewellery groups, trend purses, pattern scarves, watches, small leather products, belts and journey accessories.

Treska, Inc. proceeds to appear forward in its approach to style, solution and group diversification. This emphasis will aid to produce the Treska brand, as it expands domestically and internationally via new markets and distribution channels. The jewellery is created, sourced and developed in-property with a target on bringing the very best merchandise to industry.

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Treska has had remarkable profitability for the duration of the very last four several years, and the ESOP will help make sure the companys prolonged phrase expansion, mentioned newly appointed COO, Donna Kee. This software makes it possible for employees to talk about in the companys good results and be rewarded for their determination and dedication, which in the end aids assist a sustainable foreseeable future for the organization and our clients.

ABOUT TRESKA, INC.

Started in 1979, Treska, Inc. is a identified chief of the pattern jewelry and equipment market, with a vision to create substantial top quality, hand-created jewelry. Treska is a quickly expanding organization, which meets the demands of the style jewellery and add-ons organization across all classes with numerous brands, divisions and private labels under its corporate umbrella. Treska is well identified for its product innovation and style, and is a trustworthy supplier of nicely-priced, quality fashion jewellery. Treska, Inc. is headquartered in Fort Well worth, Texas and operates a subsidiary, Gypsy Warehouse in Grapevine, Texas as properly as several long lasting showrooms in Dallas, Atlanta and New York.

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