- Prachi Singh |
Nike, Inc. elevated Dirk-Jan van Hameren as its VP, Chief Marketing Officer (CMO), effective immediately, reports Markets Insider. The company said Van Hameren replaces Greg Hoffman, who has now been named VP, Global Brand Creative & Marketing Innovation. In the new role as CMO, van Hameren will shoulder the responsibility of Nike's global marketing organization and will report to Trevor Edwards, President of the Nike brand.
Hoffman, on the other hand, will leading the brand communications, brand design, advanced concepts and digital marketing innovation, as well as global brand imaging, events marketing and creative operations for Nike, and will report to van Hameren.
The report added quoting a statement from Nike that a 25-year veteran of the company, Van Hameren most recently served as VP, GM of Nike sportswear. Under his leadership, the business achieved over 3 billion dollars in revenue. Earlier, he has served as VP, brand management for Western Europe; GM, Nike ID; global brand initiatives Director, and Director of brand events.
- AFP |
Hedi Slimane, the designer who pioneered the skinny look at Dior and Saint Laurent, is to take over at Celine, the brand's owners LVMH said Sunday.
The 49-year-old French-born creator is one of fashion's biggest and most enigmatic names, and his future has been surrounded by speculation since he walked away from Saint Laurent last year.
The luxury giant LVMH, which owns Celine, has given Slimane complete control of the brand's images and creative side in order to sign him up -- a concession which put him alongside Chanel's Karl Lagerfield as one of the most powerful designers in fashion. He has also been given his head to create a menswear line at the label, which up until now only made clothes for women.
Announcing the surprise appointment, Bernard Arnault, the owner of LVMH, said: "He is one of the most talented designers of our time. "Hedi will oversee and develop all creativity for both women's and men's fashion, but also for leather goods, accessories and fragrances," he added. "He will leverage his global vision and unique aesthetic virtuosity in further building an iconic French fashion house," he added. Lagerfeld, who famously shed 41 kilos (90 pounds) in order to squeeze into his Slimane's skinny jean, was the first to cheer the news. "I am enchanted, what a great choice," he told Women's Wear Daily. "It will be great."
Céline to launch menswear under Slimane
Like Lagerfeld, Slimane is a renowned photographer, and he has spent the last few years living in Los Angeles, where he had moved his studio at the end of his reign at Saint Laurent. The designer drew much of his inspiration from the LA rock, which he tirelessly documented with his photographs. AFP understands that he will that will continue to live in the city while he designs for Celine.
"I am delighted to join Bernard Arnault in this all-embracing and fascinating mission for Celine," Slimane said. "I greatly look forward to returning to the exciting world of fashion and the dynamism of the ateliers." Slimane will be reunited with Sidney Toledano, one of fashion's most influential backroom figures, at Celine. The pair were a formidable team at Dior where Slimane was a huge trendsetter until his departure in 2012, designing for the late rock star David Bowie, with his skinny silhouette dominating men's style for nearly a decade. (AFP)
Photo: screenshot LVMH website
- Prachi Singh |
Stefanel S.p.A. has appointed Christiano Portas as the new Chief Executive Officer of the company, who replaces Stefano Visalli, temporary CEO appointed by Stefanel in December. The development follows after British asset management firm Attestor Capital picked 71 percent stake in the company before important Christmas trading period.
Portas, a graduate in economics and business, Stefanel added, has successfully led the growth of swimwear label Arena from 1999 to 2016. Previously, he worked at Lego Italia as general manager and managing director. He also holds a vast experience in FMCG segment having spent ten years in various divisions of Procter & Gamble.
In 2016, the Italian brand known for its knitwear has posted a 14.4 percent decline in net revenues, while EBITDA for the year was negative 12,416 thousand euros.
- Prachi Singh |
Myer Holdings Limited has announced a management restructure. The company said, Mark Cripsey has been promoted to COO, reporting to Myer CEO and Managing Director, Richard Umbers, effective immediately. Additionally, the company added that Nigel Chadwick has been appointed CFO with effect from January 29, 2018, to replace Grant Devonport, who will be stepping down as CFO following a transition period.
“This newly created role reflects the importance of digital and data across the whole business, and the need for us to seamlessly integrate our physical and online offers. Mark’s new responsibilities will incorporate the Myer store network, the online business as well as the areas of marketing and Myer one including data analytics, said Umbers in a statement, adding “Nigel has spent the past twenty years in senior finance roles at Spotless, BHP and Telstra and will bring a wealth of experience to Myer including his time working in sectors facing disruption.”
Cripsey, Myer added, has worked with some of the world’s largest retailers, and has been at the forefront of innovation in the sector. While working for Accenture in the United Kingdom he worked for both Dixons and Sainsbury’s. In 2006, he joined Tesco at a time when the business was undergoing significant change. He then moved to Bangalore in 2008 to drive Tesco’s service transformation and change program. He was subsequently appointed to the role of CIO for Tesco Fresh and Easy in America, responsible for 200 stores across California, Arizona and Nevada. In 2013, Cripsey joined Coles where he was appointed general manager customer and multi-channel IT. He was then promoted to run the Coles online business. He joined Myer in 2015 in the role of chief digital and data officer.
Chadwick, the company said, began his career with Price Waterhouse (PwC) in the United Kingdom before moving to Australia as an auditor. He gained experience working with clients across various industries. Chadwick joined Telstra in 1994 in their finance team and worked across a number of functions including corporate accounting, investor relations and group treasury. He then moved into Telstra’s treasury department in June 2000 following which he was promoted to the role of general manager corporate accounting. In 2002, Chadwick moved to BHP Billiton as vice president group accounting and controller and was then appointed group treasurer, reporting to the CFO. In January 2016, Nigel was appointed CFO for Spotless Group.
“Recent trading conditions have been tough, in part as a result of reduced traffic to physical stores. In spite of this, we have continued to make good progress on our transformation agenda, improving range and service to our customers, building a high growth omni-channel business and improving productivity and efficiency. As a result of the changes announced today we are able to further consolidate our supporting operations,” Umbers further added.
As a result of a number of departures across the support office, Myer said, a further floor will be exited bringing the total vacated area to 4.5 floors or over 40 percent of the space since September 2015. The company added that as announced in December 2017, Chairman Garry Hounsell has been undertaking a review of all aspects of the business.
- Kristopher Fraser |
Alix Browne, the founding editor of V Magazine, has been named Helmut Lang's new editor-in-residence. Browne's most recent position was as features director of W Magazine, and she was previously deputy style editor of T: The New York Times Style Magazine. She succeeds Isabella Burley, the editor of Dazed & Confused.
In her new role, Browne will handle the brand's creative projects, content and marketing. Helmut Lang's editors-in-residence are intended to help the brand streamline daily content to provide consumers with newness in a digital age.
The idea of the editor-in-residence program happened in 2016 as the brain child of Andrew Rosen, chief executive of Link Theory Holdings which owns Helmut Lang, and Brian Phillips, founder of Black Frame PR. Rather than having a traditional creative director, they created the rotating editor-in-residence position to have a continued sense of newness for the brand.
Shayne Oliver of Hood by Air was invited to be the brand's first guest designer. His collection for the brand showed during September 2017 at New York Style Week. Under Burley's direction, the website was relaunched as well as a program to sell pieces from Helmut Lang's archive called Re-Edition.
Browne told Business of Style, “If you look around at the fashion landscape today, the influence of Helmut Lang, his relevance, has probably never been greater and it’s evident in the way fashion is designed, presented, and communicated [today]."
- Prachi Singh |
Global Style Group’s (GFG) board of directors has appointed Patrick Schmidt and Christoph Barchewitz as Co-Chief Executive Officers effective February 1, 2018, replacing Romain Voog, who has stepped down from the position. The company said, the Co-CEOs will be responsible for the overall strategic and operational development of GFG and work closely with the management teams of GFG’s fully-owned regional businesses Dafiti (Latin America), Lamoda (Russia & CIS), Zalora (South East Asia) and THE ICONIC (Australia and New Zealand), as well as minority-owned Namshi (Middle East).
“Patrick and Christoph are the perfect fit for the next chapter of GFG. Patrick has built The Iconic, GFG’s business in Australia and New Zealand, into the market leader in the region, increasing revenue by eight times in four years. Christoph has established a broad understanding of all five regional businesses through his role on the board of GFG since 2015. Christoph has architected key strategic alliances such as the Ayala/Zalora joint venture in the Philippines and the Emaar Malls/Namshi partnership in the Middle East,” said says GFG’s Chairman Cynthia Gordon in a statement, commenting on Schmidt and Barchewitz’s appointment.
Patrick Schmidt and Christoph Barchewitz named CO-CEOs at GFG
Schmidt, the company said, has fifteen years of experience advising, leading and growing businesses. He has led The Iconic as CEO since 2013 and has made Australia one of GFG’s key markets. Prior to joining The Iconic, Schmidt founded Groupon Australia and later oversaw Groupon’s Latin American business. He started his career as a strategy consultant at Boston Consulting Group.
Commenting on his new role at GFG, Schmidt said: “Moving into my new role at GFG is a true privilege and I’m thrilled to be able to continue working with The Iconic, as well as the broader GFG team. When I joined The Iconic four and a half years ago, what I saw was a company with unlimited growth potential. Today, both Christoph and I see the same potential in GFG. I am deeply humbled by the opportunity to lead GFG with Christoph and look forward to working together. In addition to my new role, I will continue as CEO of The Iconic until a successor is named later this year.”
Barchewitz has fourteen years of investing and advisory experience in the TMT sector globally. He joins GFG from Kinnevik AB where he oversaw the ecommerce investment portfolio including Zalando, Global Style Group and several other companies as an investment director since 2014. He led the creation of GFG in 2014 and served on its board of directors since 2015. Prior to Kinnevik, he spent seven years at Goldman Sachs.
“Through my prior experience at Kinnevik and role on the board of GFG since its foundation, I’ve seen the tremendous potential GFG’s markets offer. I’m delighted to take on this new responsibility alongside Patrick and look forward to working with the very talented team across GFG’s operations around the world,” added Barchewitz.
The company also announced that Georgi Ganev, Kinnevik’s CEO since January 2018, will join the board of directors of GFG. Prior to his role at Kinnevik, Ganev served as CEO of Scandinavian IT product ecommerce business, Dustin, since 2012. He is also serving on the board of Tele2 and is proposed to become its Chairman in May.
Picture credit:Global Style Group website
- Prachi Singh |
Global Licensing and Style UK, specialist designers and manufacturers of licensed apparel, have appointed Hannah Miles as Group Creative Director. In her role, the company said, Miles will oversee Global Licensing’s new children’s daywear division, and pilot the new lines from Style UK. She will not only liaise with UK customers, but also those based in Europe in order to forge designs that will cater for each individual market.
Commenting on her new role, Miles said in a statement: I’m really looking forward to focusing on designing innovative children’s apparel, with selected licensed focussed retailers, where we can give focus and make their in-store selection the best. We have a great team across the group that work with some very highly skilled factories, so I’m eager to see how we can all work together to create products that are at the forefront of the market.”
The company added that Miles brings years of experience and skills from her previous role as managing director at Smith & Brooks, where she worked within product design for over eleven years.
Global Licensing founded in 1996, has been one of the leading brands in the licensed adult apparel industry. Focused on catering for the children’s market, Style UK was founded in 2000 and is known for its fashion forward kidswear collections. Both these brands merged in 2017.
- Prachi Singh |
Lectra, the technological partner for companies using fabrics and leather, has announced the appointment of Akihiko Tanaka to the role of Managing Director, Lectra Japan. Based in Osaka, the company said, Tanaka’s role is to support Lectra’s Japanese fashion & apparel and automotive customers as they undergo transformations related to Industry 4.0.
“Japan’s automotive industry is one of the most important in the world: its ecosystem radiates internationally. I am proud to promote Lectra’s solutions, designed to facilitate the co-ordination of all actors in the production chain, whether they are based in Japan, the ASEAN countries, Europe or North America,” said Tanaka in a press release, adding, “Japan is also a land of fashion, which benefits from an active local market and also has a strong position on the world stage. Our solutions, rooted at the heart of our customers’ transformation, enable them to respond rapidly to both the digitalization of their respective industries and to their evolving relationships with consumers.”
Tanaka has over 20 years of experience as a sales director in the automotive and electronic industries. From 1994 to 2000, he worked in France as sales director of Matsushita Electric Industrial (Panasonic) in charge of commercializing automation equipment to the automotive and electronic industries, and then went back to Japan in early 2000. In 2001, he joined INCS, a consulting and engineering company, to develop the footprint of a 3D CAD offer, initially within Japanese markets, then elsewhere in Asia, and Europe. In 2005, Akihiko Tanaka joined Dassault Systèmes where he successively held the roles of business developer for PLM solutions, then sales and marketing director for the design solution 3D CATIA, and finally as director, academic programs.
“Akihiko Tanaka’s international experience, and his robust knowledge of technological professions, are a major asset to reinforce our value proposition. The major challenge facing our Japanese customers is accelerating development cycles for their products within a fast-evolving automotive market and a fashion industry on a quest for greater agility,” added Daniel Harari, Lectra Chairman and CEO.
Picture credit: Akihiko Tanaka via Lectra
- Sara Ehlers |
Louis Vuitton is losing one of its long-term artistic visions. After serving the French fashion house for seven years, Kim Jones is officially set to leave the lifestyle brand. Louis Vuitton announced this in a press release.
Jones will leave his role as men's artistic director this week. He will show his last collection for the fashion house Thursday in Paris. “It has been a huge privilege to work with Kim,” said Michael Burke, Vuitton’s chairman and chief executive officer, in a press release of his departure. “All of us who have been fortunate to work with Kim wish him continued success in his next venture.”
Kim Jones to leave French fashion house Louis Vuitton after Paris show
Currently, there is no public statement on why Jones left, although there is speculation that he could move to another elite fashion house. Although nothing is confirmed, there is a possibility that he may work with Burberry, as reported by Business of Style. If he does move to another fashion house, it seems that there will be no ill-will towards the designer coming from Louis Vuitton, in reference to Burke's statement of wishing Jones "continued success."
After being recruited by Louis Vuitton for menswear design in 2011, Jones ultimately helped shaped the vision and creative flow of the brand for the next following years. With Jones' work, he took control of one of the ready-to-wear label's main lines introducing an infusion of streetwear and luxury.
Under Jones' creative direction, Louis Vuitton sparked the highly controversial collaboration with New York-based label Supreme. The streetwear fashion brand was introduced into the prestigious fashion house at the Autumn/Winter 2017 collection show. Louis Vuitton then held various exclusive pop-up shops, including one in Los Angeles that fared well. He worked to create unique, engaging looks as well as sparked several collaborations for the fashion house.
Following this news, Louis Vuitton has yet to name a successor or plans for a replacement. Both Louis Vuitton and Jones could not be reached immediately for comment.
Photo credit: Patrick Kovarik / AFP
- Kristopher Fraser |
Cole Haan has announced the appointment of Tom Linko as Chief Financial Officer.
"We are delighted Tom Linko has joined Cole Haan as CFO. His unique pedigree makes him ideal for Cole Haan. His experience in growth-oriented, multi-channel, global fashion and lifestyle brands will serve a vital role on our management team at a time when Cole Haan is gaining marketshare and expanding globally," said Jack Boys, CEO of Cole Haan.
Linko brings a wealth of experience to this role, having served most recently as CFO of Kate Spade & Co., where he oversaw and lead their global finance team that included accounting, reporting, treasury, tax, internal audit, FP&A and global planning.
"I am thrilled to be joining one of the strongest American brands in the marketplace that is bridging technology and innovation with classic style. It is an exciting opportunity to be able to bring my experience in the fashion industry to a growth brand such as Cole Haan," said Tom Linko.
In February of 2013, Apax Partners acquired Cole Haan, making it privately owned for the first time in 25 years. Since then, the brand has continued to expand domestically and internationally through new partnerships and distribution agreements.