- Prachi Singh |
Tommy Svensson has been appointed acting CFO of the KappAhl Group effective from December 1, 2017 to April 2018. The company said, Svensson is an interim consultant with long working experience.
During the period, Kappahl added, until new CFO Peter Andersson will claim his position, Svensson will lead the financial work of the KappAhl Group.
He is a consultant at TSS Consult & Invest AB with assignments relating to business development and development of finance and management functions and has previously worked for Vårdapoteket, Hemtex and Lindex among others.
- Prachi Singh |
Harrods’ chief financial officer John Edgar has left the business after serving the company for five years, reports Drapers. The development comes after Harrods posted an eighth consecutive year of profits and sales growth for the year to January 2017.
Edgar joined Harrods from Selfridges in September 2012. At Selfridges, he served as group chief financial officer.
Harrods, the Qatar Holding-owned luxury department store crossed 2 billion pounds (2.6 billion dollars) in sales for the year, while its pre-tax profit increased to 232.2 million pounds (307 million dollars). The company’s operating profit also rose to 253.2 million pounds (335 million dollars).
Qatar Holding acquired the London-based department store in 2010 and has invested over 450 million pounds (596 million dollars) to introduce in-store features like luxury wellness clinic, additional space for luxury fashion collections and improvements to the building.
- Prachi Singh |
The supervisory board of Gerry Weber International has approved the mutually agreed termination of Dr. David Frink’s membership from the managing board. The company said that Frink’s resignation has nothing to do with the business performance of the company or one of its subsidiaries.
Dr. Frink was appointed to the managing board of the company in May 2009. Meanwhile, the supervisory board has appointed Jörg Stüber as temporary board member, who will be responsible for Frink’s former departments - finance, IR, corporate sourcing, compliance and IT. Ralf Weber, CEO, will take over the responsibility for the departments such as procurement, HR and logistics.
Stüber joined Gerry Weber as head of finance in May 2011. The company added that in the context of the company’s realignment programme he was appointed division director (EVP) of the shared services finance, IR, corporate sourcing, compliance and IT in July 2017.
The company further announced that three strategic business units were implemented as of July 1, 2017 namely Gerry Weber/Talkabout, Taifun/Samoon and Hallhuber.
- Prachi Singh |
Isaia Corp has appointed Simon Spurr as Creative Director of Eidos. The company said in a statement that Spurr will have creative responsibility overseeing the Eidos brand’s collections and image.
Commenting on Spurr’s appointment, Isaia CEO and Eidos owner, Gianluca Isaia said in a media statement: "I have been following Simon's career for a number of years, and always enjoyed his use of consistent messages in his storytelling. He has a strong viewpoint and always designs with an eye on what the market is doing. He is mindful of how his target consumers prefer to interact with the brand. He understands engagement and how it drives business at all levels. Needless to say, we are very excited to have him at the helm.”
The company added that Spurr’s appointment reinforces Eidos’s commitment to its roots in tailored clothing, while injecting a distinctly elevated and modern approach to its design and personality under his watchful eye.
Prior to EIDOS, Spurr has designed menswear for Saint Laurent under the guidance of Hedi Slimane, Calvin Klein, Ralph Lauren Purple Label, and Ralph Lauren Black Label, before launching his own brands; Spurr and Simon Spurr.
“Neapolitan tailoring is known as some of the highest quality craftsmanship in the world, and the opportunity to work with such an iconic parent company with the resources of ISAIA, is a dream come true. During this climate of change within the fashion industry, the fact that Eidos is still a growing brand, and therefore, nimble to react, is a huge advantage. I look forward to injecting Eidos with an elevated, modern point of view - with a goal to better serve customers’ needs in a thoughtful, engaging way,” added Spurr.
The company noted that Spurr’s first Eidos collection will debut for the fall/winter 2018/2019 season in Milan. Led by Isaia’s President of North America, James Shay, the brand will sold at the top retailers and wholesale partners globally, before launching its own ecommerce platform in late 2018 or early 2019.
- Prachi Singh |
Skechers USA has appointed John Vandemore to serve as Chief Financial Officer. The company said, this expansion of the Skechers executive team will allow David Weinberg—who had been filling both CFO and COO roles—to focus more attention on the company’s operations in support of its continued growth around the globe. Vandemore will report directly to Weinberg and is expected to assume his new position within the next few weeks.
“With the pace of international growth we’ve been experiencing at Skechers, the addition of John means I can truly focus more attention on the rapidly growing segments of our international countries, as well as those that we see having strong potential,” said Weinberg in a statement, adding, “Our success brings with it the challenge of increased pressure on reporting and John’s experience, most notably at The Walt Disney Company and Mattel, is proof that he’ll be an essential asset to me and the senior team moving forward.”
As the CFO of Skechers, the company added, Vandemore will be responsible for overseeing the company’s reporting and filing obligations before the United States Securities and Exchange Commission, and for directing the company’s overall financial policies, including accounting, budget, credit, insurance, tax, and treasury.
“I started Skechers 25 years ago, and for that entire journey David Weinberg has been key in making this company the incredible success that it is today. With John handling CFO responsibilities, David will now have the bandwidth to travel and find opportunities to maximize our efficiencies around the globe,” added Robert Greenberg, Chief Executive Officer of Skechers.
With more than two decades of business finance experience, Vandemore has served as executive vice president and division chief financial officer of Mattel Inc. Prior to that he was the chief financial officer and treasurer of International Game Technology Plc —a computerized gaming machine manufacturer. And he spent 12 years in operations and finance roles at The Walt Disney Company including five years as vice president and chief financial officer of Walt Disney Imagineering.
- Prachi Singh |
Dick’s Sporting Goods has appointed Paul Gaffney as Chief Technology Officer, effective November 20, 2017. In this role, the company said, Gaffney will be responsible for the company's technology, including infrastructure, ecommerce platforms and new and evolving digital platforms.
"Paul is joining the company at a critical time as we're evolving every day through our digital transformation efforts," said Edward W. Stack, the company’s Chairman & Chief Executive Officer in a press release, adding, "Paul's experience will make an immediate impact on the company and we're thrilled to welcome him to the Dick’s family."
Gaffney joins the company from The Home Depot, where he most recently served as the senior vice president of information technology, responsible for the organization's software engineering, user-centered design and applications. At The Home Depot, the company added, Gaffney was responsible for leading their digital revolution, inspiring the engineering team to deliver customer focused software to millions of customers and over 400,000 associates.
"I'm excited to join the Dick’s Sporting Goods team at this important time of focus and investment in technology as a key enabler to better communicate with and serve our customers," added Gaffney.
Throughout his career, Gaffney held a variety of senior leadership roles, including president and CEO with AAA Northern California.
Picture:Facebook/Dick's Sporting Goods
- Prachi Singh |
Gap has elected Chris O’Neill to serve on the company’s board of directors, effective February 4, 2018. The company said, O’Neill is currently chief executive officer of Evernote Corporation and since joining the company in 2015, he has overseen the increase of Evernote’s base to over 220 million users globally and established strong financial and operational foundations to sustain Evernote’s future growth.
“Chris is a proven leader in the technology industry and brings a wealth of knowledge, experience, and creativity to our board of directors,” said Bob Fisher, Chairman of the Gap board, in a statement, adding, “His expertise will be a great asset to the company as we enter our next phase of growth.”
Prior to joining Evernote, O’Neill spent 10 years in numerous leadership roles with Google, including Google [x], the company’s experimental research and development organization. The company added that O’Neill is also credited for his work as managing director of Google Canada where he doubled the Canadian business in just under three years. O’Neill has previously served on the boards of Tim Hortons and Shop.org the National Retail Federation’s digital division.
“Gap Inc. has had a profound impact on the retail industry. I’m honored to join Gap Inc.’s board of directors and help the company as it evolves and focuses on its balanced growth strategy," added O’Neill.
- Kristopher Fraser |
Simon Whitehouse, the chief executive officer of J.W. Anderson, will be leaving his post to pursue other opportunities. The story was first reported by WWD.
Whitehouse joined J.W. Anderson in 2014 after LVMH Moët Hennessy Louis Vuitton took a minority stake in the company. Prior to joining J.W. Anderson, he was global commercial director for Matthew Williamson. Before that, he was global sales and brand director for Diesel Black Gold for three years.
Whitehouse's departure from the company comes at interesting time for LVMH, as they are undergoing an executive reshuffle. Sidney Toledano, the former chief executive officer of Christian Dior Couture, has been promoted to chairman and CEO of LVMH Fashion Group. Meanwhile, Pietro Beccari has been named as his replacement at Dior. Toledano replaces former ceo and chairman Pierre-Yves Roussel, who will remain with LVMH as a special adviser to Bernard Arnault, LVMH's ceo and chairman.
- Prachi Singh |
Lacoste has announced that Nicolas Préault has been appointed CEO of French brand Tecnifibre, that offers a range of strings, rackets and accessories for tennis, squash and padel, as well as balls in partnership with Brisgestone. Lacoste acquired 80 percent of Major Sports in October, which is the holder of the Tecnifibre brand.
"Nicolas Préault's new assignments within the Lacoste Group will be one of the key drivers in accelerating the international development of Tecnifibre", said Thierry Guibert, President of the Lacoste Group in a media statement.
Nicolas Préault named CEO of Techifibre
The company said, Préault brings 26 years of international experience in defining successful sales and marketing strategies and he will take up the new role on January 15, 2018.
Préault began his career at Procter & Gamble in 1991 in the beauty & health care division of the American group. Since 1996, he was associated with the sports products industry and worked with the Rossignol Skis group (Dynastar, Lange, Look, Kerma, O’sin) as sales and marketing director for France and Belgium. He was appointed international sales manager and vice chairman of Dynastar USA in 1998, where he contributed to the development of the overall brand and corporate strategy in North America.
He joined the Arena Group in 2003 as general manager of Arena France and Arena France Retail and member of the executive committee of Arena Group where he led the development of a commercial strategy, innovative products, sports sponsorship and targeted communication.
- Prachi Singh |
Marcolin Group has announced the appointment of Antonio Jové as Head of the EMEA area.
The company said, Jové, who has already played an active role in the group for several years, will now be in charge of the business and sales in the European, Middle Eastern and African markets in his new position, and will coordinate the commercial network already in place to achieve Marcolin Group’s objectives.
Marcolin Group’s brand portfolio includes Tom Ford, Balenciaga, Moncler, Ermenegildo Zegna, Montblanc, Roberto Cavalli, Tod's, Emilio Pucci, Swarovski, Dsquared2, Diesel, Just Cavalli, Covergirl, Kenneth Cole, Timberland, Guess, Gant, Harley-Davidson, Marciano, Catherine Deneuve, Skechers, Bongo, Candie’s, Rampage, Viva, Marcolin and Web.
Picture credit:Ganbaroo PR