Lagardère Travel Retail/Duty Free Global spins off fashion unit in global reorganization
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The French travel retailer Lagardère Travel Retail/Duty Free Global continues with its integral reorganization. It has just announced the two new, independent executive teams to drive its new dual Fashion & Core Business divisions.
Earlier this year the French group split Core Business & Fashion into two groups, with separate management teams. Now, Lagardère Travel Retail/Duty Free Global counts on Nathalie Santonja as Executive Vice President Fashion and Bruno Gouisset becomes Executive Vice President Merchant Core Business.
The travel retailer said that the new-look dual organisation reflects the company’s willingness to provide a specific product offering “and the best innovative shopping experience in travel retail”.
Lagardère Travel Retail/Duty Free Global explained that the new fashion division strives to have a dedicated structure, composed of fashion purchasing, marketing and procurement teams to strengthen operational efficiencies.