Kurz quits Seven For All Mankind

Andreas Kurz, chief executive of denim maker Seven For All Mankind, has quit the company, according to a report by Women's Wear Daily. Kurz joined the firm last March, after owner Peter Koral had sold the company to Bear Stearns Merchant Banking. He was selected to head up the firm's evolvement into a global lifestyle brand. Bo Arlander, senior managing director at Bear Stearns, brought Kurz in on based on his experience of growing brands and licensing deals

However, sources told WWD that Kurz and Koral, who stayed on as chairman and president of Seven For All Mankind LLC, were not a good match. Neither the company nor Kurz were available for comment. Kurz was previously president of international licensing at Polo Ralph Lauren and has also served as ceo at Diesel USA and Hugo Boss USA.

Kurz is responsible for expanding Seven For All Mankind's non-denim ranges, including tops and outer wear. Under him, the company also joined forces with brands like Great China Wall and designers Ron Herman and Zac Posen to create co-branded merchandise. Kurz's departure may have resulted from disagreements with Koral, who has been known to have conflicts with business partners in the past.