- Prachi Singh |
Valentino has roped in Isabelle Harvie-Watt as its new Chief Marketing Officer, reports Business of Style. She would be joining the business on April 16, 2018. Her responsibilities at Valentino include overseeing marketing and communications for the company, reporting directly to CEO Stefano Sassi.
She most recently served as managing partner of Spring Studios. Prior to Spring Studios, Harvie-Watt was associated with Havas Media Group for five years as chief executive and country manager.
The fashion house is currently owned by the State of Qatar through investment fund Mayhoola, which acquired the label in 2012 at a value of 700 million euros (859.7 million dollars). After Maria Grazia Chiruri’s exit as the co-creative director, Valentino’s collections are solely managed by its current Creative Director Pierpaolo Piccioli.
- Prachi Singh |
Topshop Topman have announced the appointment of Christopher Englinde as Topman Brand Director.
The company said in a statement that joining the business on February 12, 2018, Englinde will be overseeing the Topman buying & merchandising teams reporting to Topshop Topman CEO, Paul Price.
Englinde was most recently associated with New Look as menswear buying, merchandising and design director and prior to that spent over a decade at H&M, where he led the men’s fashion division.
- Prachi Singh |
Net-A-Porter has appointed Nayla Touma as the Buying Director overseeing shoes, handbags and accessories, reporting into Elizabeth von der Goltz, Global Buying Director. In her new position, the company said, Touma will lead the global buying strategy across the rapidly growing shoe, bag and accessory categories.
“I am thrilled to be able to expand and recognise my team through these new appointments and promotions. Reinforcing our core team is essential to us shaping and developing these growing areas of our business while adopting a progressively tactical approach to the integral categories of shoes, handbags and accessories,” said Elizabeth von der Goltz, Global Buying Director in a media statement.
She joins the company from Bergdorf Goodman where she is currently division merchandise manager for footwear in New York. Touma will join the global team at the end of February and relocate to Net-A-Porter’s London headquarters in April. Bringing vast accessories experience to her new role, the company added, Touma has held senior positions at established department stores, most recently Bergdorf Goodman where she joined as buyer for advanced contemporary and designer shoes and stayed for five years. Previously Touma held positions at Bloomingdales New York where she served as senior assistant buyer, and rose to buyer, salon and designer shoes during her seven-year tenure there.
Simultaneously, the company announced the promotion of Billie Faricy-Hyett to the new role of Buying Manager for handbags, accessories and beauty and Thalia Tserevegou has been named as the new Buying Manager for shoes effective immediately. Holly Russell has also been promoted to Buying Manager, ready to wear last year.
- Prachi Singh |
Sequential Brands Group, Inc. has signed a multi-year partnership with NBA legend Kevin Garnett as the Creative Director and Global Brand Ambassador for basketball brand And1, as it celebrates the 25th anniversary year.
"For 25 years, And1 has remained synonymous with the game of basketball and its street-ball lifestyle," said Eddie Esses, President of Sequential's active division in a press statement, adding. "As we look to the future, we're excited to bring Kevin Garnett back to AND1 as the brand's creative director, global ambassador and strategist, to widen the brand's distribution channels and to expand into new territories."
And1 will launch a capsule collection co-designed by Garnett and an accompanying campaign featuring footwear, apparel, and accessories.
"I'm thrilled to get back to my roots and partner with And1, one of the best basketball brands in the industry," said Kevin Garnett, adding, "We have many initiatives underway that we'll be launching, including my new capsule collection, which I'm particularly excited about."
- Prachi Singh |
The board of New Look Retail Group Ltd has announced the resignation of Danny Barrasso, Managing Director UK & ROI, who will be leaving the company effective February 9, 2018. The company also announced that Mark Axon, who has previous worked with the company from 2012 to 2014, will be re-joining as Retail Director for UK & ROI effective February 19, 2018.
Commenting on the developments, Alistair McGeorge, the company’s Executive Chairman, said in a statement: “On behalf of the board and our colleagues, I would like to thank Danny for the significant contribution he has made during his five years at New Look. We look forward to welcoming Mark back to the business. Mark brings a wealth of retail expertise and his prior experience at the company will be valuable as we rebuild our position within the UK market.”
The development follows after the company recently reported 6.3 percent fall in its third quarter revenue at 1,069.2 million pounds and 10.6 percent drop in the group like-for-like sales as well as 10.7 percent sales decline in the UK.
Picture:New Look website
- Sara Ehlers |
Boardriders, Inc. just announced a couple executive leadership changes. In the wake of the loss of chief executive officer, Pierre Agnes, the company has moved forward with three individuals in new leadership roles. After he was confirmed to be lost at sea, Boardriders has taken steps to confirm Boardriders a new CEO to take over the role.
The sports and lifestyle brand recently appointed Dave Tanner, previously as chief turnaround officer, to chief executive officer. As of February 6, he has been scheduled to become CEO effective immediately. His appointment was a transition supported and fostered by Agnes, according to a press release from the Boardriders team.
Boardriders announces new executive key changes in staff
The company also appointed Thomas Chambolle, current global chief financial officer, as the new interim president of EMEA effective immediately. Chambolle worked closely with Agnes in Europe in the past several years, helping to ensure a smooth transition into the new role. Additionally, Greg Healy will remain as global president and president of APAC for Broadriders during these staff changes. As these three have worked within the company for the past several years, Boardriders is hoping the new team will help lead it into 'the next phase of its evolution into the world's leading action sports company,' according to the press release.
"We are all are grief stricken over the sudden and tragic loss of our friend Pierre Agnes," Tanner said in a company statement. "At the same time, we are resolute and passionately unified in our commitment to honor Pierre's memory and extend his legacy by driving the continued resurgence and growth of Boardriders. While it is impossible to replace Pierre's spirit, we have filled our team with talented and creative professionals who will continue to nurture the company's unique culture, build on our past successes, and deliver on our now even more meaningful collective mission."
Photo: Boardriders Inc.
- Prachi Singh |
Style house Sonia Rykiel has appointed Julien Soyez its new Chief Marketing Officer, reports Style Network. The company was acquired by Chinese investment firm First Heritage Brands and celebrates its fiftieth anniversary this year.
In this newly created role, the report added, Soyez in collaboration with Creative Director Julie De Libran will be supervising the label's marketing and communications teams and will be in charge of the brand's image, public relations strategy, digital activities and CRM.
Soyez joins Sonia Rykiel from LVMH, where he served in various press relations roles within the group, starting with Fendi in 2001. In 2009, he was named head of press relations for Louis Vuitton, and then director of men's and women's press. In 2015, Soyez moved to Marc Jacobs as in-charge of communications for Europe and the Middle East.
Picture:Sonia Rykiel website
- Prachi Singh |
Hudson’s Bay Company (HBC) has appointed Helena Foulkes as Chief Executive Officer, effective February 19, 2018. The company said, Foulkes joins HBC from CVS Health, where she served as executive vice president of CVS Health and president of CVS Pharmacy.
"Helena is a transformational leader who will invigorate the business with a new perspective as we position HBC for the future," said Richard Baker, Governor and Executive Chairman of HBC in a statement, adding, "Throughout her 25 year tenure in retail, she has a proven track record of making bold, strategic choices that, at their core, put the customer first and have proven enormously impactful to business success."
Foulkes, the company added, will be responsible for HBC's global strategy and operations for all banners, overseeing more than 66,000 associates worldwide across a portfolio of more than 480 stores, related e-commerce platforms, supply chain, logistics and technology. Upon joining HBC, she will also be appointed to HBC's board of directors. Richard Baker, who has been acting interim CEO, will continue as Governor and Executive Chairman of HBC.
HBC appoints new CEO
Named one of Fortune's Most Powerful Women in Business, Foulkes joins HBC CVS Health and CVS Pharmacy, where she led the strategic vision as well as the operations for all aspects of the company's retail business, including its nearly 9,700 retail stores, 20 distribution centers and e-commerce sites, as well as merchandising, supply chain, marketing and real estate.
"HBC has an amazing portfolio of retail banners, valuable real estate and an innovative approach to M&A that give it the ability to win. The future of retail will be defined by companies that think creatively about where the consumer and the world are headed. I look forward to working with this great team and listening deeply to them and to our partners to build upon strategies that capitalize on HBC's physical and digital assets and deepen our core operating effectiveness," added Foulkes.
Over the course of her more than 25 years with CVS, Foulkes played an important role in growing the company to the largest pharmacy health care provider in the United States. She also helped lead CVS's decision to discontinue sales of tobacco products and the creation of CVS digital, which is now used by 48 million consumers to fill prescriptions.
Prior to joining CVS in 1992, Foulkes worked at Goldman, Sachs & Co. and Tiffany & Co. She has received numerous professional honors, including Fast Company's Most Creative People in Business list. Foulkes serves on the boards of The Home Depot and the Harvard University board of overseers.
Picture:Facebook/Saks Off 5th
- Prachi Singh |
Lululemon Athletica Inc’s chief executive Laurent Potdevin has resigned from his current position and as a member of the company's board of directors, effective immediately. The company said in a statement that Lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Potdevin fell short of these standards of conduct and that the board has begun a search to hire a new global chief executive officer.
"While this was a difficult and considered decision, the board thanks Laurent for his work in strengthening the company and positioning it for the future," said Glenn Murphy, Executive Chairman of the board, adding, "Culture is at the core of Lululemon, and it is the responsibility of leaders to set the right tone in our organization. Protecting the organization's culture is one of the board's most important duties." Following Potdevin sudden departure, Lululemon has appointed Murphy to the newly created role of Executive Chairman.
"While the reasons for the departure of Laurent Potdevin are unclear, his exit is a blow to Lululemon," said Neil Saunders, Managing Director of GlobalData Retail in a statement. "During his tenure, Mr. Potdevin oversaw the steady expansion of Lululemon through both calm and rough periods in the athleisure market. His innovative approach and his clear sense of Lululemon's values and essence is one of the reasons the company has enjoyed continued success, even while other sporting brands struggle to generate growth."
"Although we see Executive Chairman Glenn Murphy as a capable pair of hands in the short term, Lululemon needs a CEO to guide it as it expands overseas and tries to make further gains in its home market. It is crucial that the right person is selected, but it is equally appointment that the task is undertaken with urgency so that Lululemon doesn't lose momentum," he added.
"We also believe that today's announcement is vague and damaging. Lululemon owes it to investors and to customers, to be clear about the reasons Mr. Potdevin was made to depart. As a company that prides itself on transparency and openness, we would expect it to have an honest conversation with stakeholders. Failure to do so will likely lead to speculation which could ultimately harm the brand."
Glenn Murphy assumes Executive Chairman’s position
In his newly expanded role as Executive Chairman, the company added, Murphy will focus on achieving long-term, sustainable results for all stakeholders. Three of Lululemon's senior leaders are being elevated and will take on additional responsibilities, reporting to Murphy.
Executive Chairman of the company, and Chairman of the board, Murphy joined Lululemon in 2017. He is the founder and CEO of FIS Holdings ,a consumer-focused investment firm deploying a combination of operating guidance and capital flexibility. From 2007 to 2014, Murphy served as chairman and CEO at Gap Inc. Previously, he served as chairman and CEO of Shoppers Drug Mart Corporation and held senior leadership roles at Loblaw Companies.
The newly elevated roles include Celeste Burgoyne, Executive Vice President, Americas, who will oversee all channel and brand-facing aspects of the global business, including stores and e-commerce, as well as brand marketing; Stuart Haselden, Chief Operating Officer, will have responsibility for all operations related to finance, supply chain, people, and technology; and Sun Choe, Senior Vice President of merchandising, will guide all aspects of product development, design, innovation, and merchandising.
Burgoyne joined Lululemon in 2006 to lead the US expansion and has since held a series of roles of expanding responsibility, including senior vice president, retail, North America where she was responsible for overseeing all Canadian and US retail. Burgoyne started her career with Abercrombie & Fitch, where she held various leadership positions during her 10 years with the company.
Haselden joined Lululemon as Chief Financial Officer in 2015. Prior to that, his career spans 15 years of executive leadership at global apparel retailers, including Saks Incorporated and J. Crew Group, Inc., where he most recently served as chief financial officer.
Choe joined the company in 2016 as Chief Global Product Merchant with extensive experience in senior leadership roles at well-known brands, including Madewell, West Elm and Urban Outfitters.
"The board is entirely confident that Celeste, Stuart and Sun - three leaders deeply tied to the recent momentum in the business - can continue to execute on Lululemon's growth strategy and drive global performance. Based upon their contributions to the recent expansion of the business, their history of collaboration with one another and their strong support across the Lululemon organization, we believe this trio of leaders will take Lululemon from strength to strength," added Murphy.
The company also reaffirmed its updated guidance provided on January 8, 2018, that reflects the ongoing momentum of the business. In addition, the company further added that its growth strategies remain on track to achieve 4 billion dollars in revenue in 2020.
- Danielle Wightman-Stone |
Roger Vivier has confirmed that its longtime creative director Bruno Frisoni is to leave the label by “mutual agreement” at the end of his current contract.
Frisoni, who has been at the helm at Roger Vivier for the past 16 years, will present his last collection for the brand for autumn/winter 2018 in Paris on February 27, during fashion week.
“These sixteen years dedicated to reviving Roger Vivier represent a fascinating and exceptional experience,” said Frisoni in a press statement. “I thank Diego Della Valle for his trust, Ines, an inspiration and a friend forever and of course the talented teams and collaborators who allowed me to bring the brand where it is today. An extraordinary adventure."
The news follows a solid performance by the brand in 2017, with sales at Roger Vivier up 9.7 percent from FY 2016 to 179.3 million euros, driven by positive results in all the main markets. This in comparison to the parent company Tod’s Group, which saw a decline of 4.1 percent in FY17, with its consolidated sales totalling 963.3 million euros.
Roger Vivier announces departure of longtime creative director Bruno Frisoni
Frisoni has been credited with modernising the fashion house and taking the iconic footwear brand, known for its ‘Belle de Jour’ buckle shoes as worn by Catherine Deneuve, in a new design direction, following the passing of the label’s namesake.
Diego Della Valle, president and chief executive of the Tod’s Group, which owns Roger Vivier, added: “I would like to thank Bruno on my behalf and on behalf of all the people who work for Roger Vivier, for the work which has been done during all these years and I wish Bruno a future filled with new opportunities and success.”
Roger Vivier has not yet disclosed who Frisoni’s successor will be, or what the designer’s next move will be. In 2011, the footwear designer halted his own signature shoe line, after 12 years in business, so is a revival in the works?
Image: courtesy of Roger Vivier by Alessandra d’Urso