Executive Changes – Page 2
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ArticleGianvito Rossi promotes its COO to CEO
Costanzo Ruocco was appointed Chief Executive Officer of Gianvito Rossi, effective April 1. Ruocco was previously Chief Operating Officer of the Italian producer of luxury shoes and accessories owned by the Swiss luxury goods conglomerate Richemont. He will report to Philippe Fortunato, the Chief Executive Officer of Richemont’s Fashion & ...
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ArticleEcco had to shore up its balance sheet in 2024 due to unsatisfactory results
Last year, shareholders had to inject €48 million to reinforce the balance sheet of Ecco Sko A/S, the parent company of the Danish footwear, accessories and leather giant, in the wake of unsatisfactory results. The cash call “supported the solidity ratio” of the parent company “despite the unsatisfactory results of ...
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ArticleZalando recruits five key persons, two SVP and one CFO
Zalando is strengthening its management team to drive its expansion into a leading pan-European e-commerce ecosystem for fashion and lifestyle. The German online fashion retailer is strengthening its leadership to drive its strategy of building the leading pan-European e-commerce ecosystem for fashion and lifestyle. This will help the company capitalize ...
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ArticleFerragamo’s CEO steps down
Marco Gobbetti is stepping down as the Chief Executive Officer and General Manager of Salvatore Ferragamo, three years after joining the Italian fashion house from Burberry. Ferragamo said that Gobbetti’s departure would be effective on the date of the approval of the company’s 2024 results on March 6. The Chairman, ...
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ArticleBoohoo’s shareholders reject Mike Ashley’s bid for board seat
Boohoo’s shareholders have thwarted a bid by major shareholder and Frasers Group founder Mike Ashley to take a seat on the board of the struggling British online fashion retailer after they voted against the move in a special meeting. In a statement, Boohoo said that 64 percent of votes cast ...
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ArticleEcco has a new CEO
Ecco’s CEO, Panos Mytaros, has stepped down and been replaced by the group’s Chief Commercial Officer, Thomas Gøgsig. No explanation was given regarding the change at the helm. However, since Russia’s invasion of Ukraine on Feb. 24, 2022, the Danish footwear group has been criticized by the country’s Prime Minister, ...
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ArticleOtto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway. “In the course of the forthcoming generational change at the helm of the Otto ...
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ArticleBoohoo appoints a new chairman
Boohoo’s Co-Founder Mahmud Kamani has been shifted from his role as Chairman to become Executive Vice Chair, with a board member, Tim Morris, appointed as independent Chairman amid ongoing calls from Frasers Group, a major shareholder in the British online fast fashion retailer, to have Kamani removed completely. In his ...
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ArticleAndreas Wortmann becomes AstorMueller's CEO
The Swiss shoe manufacturer AstorMueller has appointed Andreas Wortmann as its new Chief Executive Officer. He takes the job over from the company’s owner, Tim T. Müller, who will continue to “guide” the company as Chairman. Wortmann joins the company from Ara AG, where he served as CEO from 2018 ...
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ArticleCaleres names a new head of its New York brands
Nancy Bitetto has joined Caleres as Senior Vice President of New York brands, which include Franco Sarto, Vince, Veronica Beard and private brand offerings. “In this role, Bitetto will focus on accelerating growth and expanding profitability within the Caleres Brand Portfolio,” the company said. She will report directly to Jay ...
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ArticleStuart Weitzman’s sales rise driven by North America
Stuart Weitzman, the premium footwear brand of the US fashion group Tapestry, posted sales of $53.7 million in the fiscal first quarter ended Sept. 28, up by 2 percent year-on-year both on a reported basis and at constant currency rates, as growth in North America offset “softness” in Greater China. ...
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ArticleBoohoo appoints a new CEO snubbing Frasers
On Nov. 1, Boohoo appointed Dan Finley as its Chief Executive Officer with immediate effect. Finley is the CEO of Debenhams, Boohoo’s “fast-growing” digital department store. He will replace John Lyttle, who is stepping down after five years with the British fast fashion online retailer. Boohoo made the announcement after ...
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ArticleBoot Barn raises FY guidance as the CEO prepares to leave
Boot Barn said it was off to a “solid start” in its fiscal third quarter and raised its guidance for the full year in the wake of better-than-expected results for the second quarter ended Sept. 28. The strong showing came as Jim Conroy, the CEO and President, announced he was ...
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ArticleFrasers urges to appoint its owner to run Boohoo
Frasers is urging Boohoo to appoint Mike Ashley as a director and CEO and name Mike Lennon, a restructuring specialist, as a board director. Ashley controls the UK sportswear retailer Frasers, which in turn is Boohoo’s largest shareholder with an about 27 percent stake. In an open letter sent to ...
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ArticleBoohoo’s CEO steps down
Boohoo’s CEO, John Lyttle, is stepping down after five years with the British fast fashion online retailer. He will continue to work with the leadership team and the board over the coming months while a successor is found and to ensure a smooth transition, the company said. Boohoo added that ...
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ArticleGabor appoints a new Head of Wholesale
The German footwear manufacturer Gabor Shoes has appointed Alexander Schlosser to the newly created role of Head of Wholesale for the DACH region, which comprises Germany, Austria, and Switzerland, effective Dec. 1, 2024. The 34-year-old footwear expert, who began his career at the former Gabor Footwear GmbH, will ...
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ArticleAra appoints a new CEO
Ara has appointed a new CEO in a leadership change that marks the completion of its restructuring process. On Sept.1, Stefan Rassau will start in his new role, taking on full responsibility for the German footwear group. Rassau will also take over the operational management of strategy, marketing and ...
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ArticleGabor’s management overhaul continues
Another long-serving manager is leaving the German footwear manufacturer Gabor Shoes. On Sept. 30, Rainer Bachl, who joined the company in 1982 and led Gabor’s comfort shoes division for many years, will depart the Rosenheim-based shoemaker. The company announced Bachl’s exit without disclosing specific reasons. No successor has yet ...
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ArticleBirkenstock hires a managing director for Southeast Asia, Australia
Birkenstock appointed Evelyn Chua as managing director for Southeast Asia and ”Down Under”, effective July 1. In the newly created position, Chua will be based at the German shoemaker’s regional headquarters in Singapore, which covers Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, Australia, and New Zealand. She reports to Klaus ...
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ArticleVF names a new brand president for The North Face
VF Corporation has named Caroline Brown global brand president of The North Face. She will be starting the week of June 10 and succeeds Nicole Otto. As a result of her appointment, Brown has resigned as a member of VF’s board of directors. In February, the US apparel and footwear ...
