The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Hugo Boss CEO Steps Down
Claus-Dietrich Lahrs is stepping down after eight years as chief executive officer of Hugo Boss. The announcement comes as the German fashion brand's share price tumbled, following a profit warning on weak sales in China and the United States. Members of the brand's board will take up Lahrs's duties until a successor is appointing, including Bernd Hake, senior vice president of Europe, Middle East, Africa and India, who will manage sales and retail as of March 1.
John Ray Exits Dunhill
John Ray is stepping down as creative director of Dunhill after three years in the role. Ray previously worked at Gucci under Tom Ford as a menswear consultant, and later as head menswear designer after Ford's departure. Ray's final collection will be presented for the Autumn/Winter 2016 season. A successor has not yet been named.
Prada CFO Leaves
Prada chief finance officer Donatello Galli is leaving the company for personal reasons, with immediate effect. Alessandra Cozzani, head of investor relations and executive director at Prada, will step into the position. Galli, who was also a board member, had been chief financial officer since 2004.
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Michael Kors Appoints VP of Buying and Planning
Michael Kors has named Jacqueline Hay vice president of buying and planning for retail Europe. Prior to her appointment, Hay spent fifteen years at House of Fraser, where she most recently held the position of executive director for apparel and accessories. At Michael Kors she will report directly to Cedric Wilmotte, the company's president of EMEA.
American Apparel Head of Manufacturing Exits
Martin Bailey, head of manufacturing at American Apparel, is leaving the Los Angeles-based retailer, effective immediately. Previously, Bailey worked as president and vice president of operations of the company.
Henkel Names Head of Beauty Care
Consumer goods firm Henkel & Co has named Pascal Houdayer head of beauty care. Houdayer, who is currently corporate senior vice president at the company, succeeds Hans Van Bylen who has been promoted to the position of chief executive officer after former CEO Kasper Rorsted left to join Adidas last month.
Condé Nast Bolsters Digital Team
Condé Nast has made several appointments as part of its digital expansion strategy: Brooke Ellis, formerly creative director at design agency Frog, has been named executive director of digital design and UX. Stephanie Fried, previously vice president at Discovery Communications, has been appointed senior vice president of research and analytics. Matthew Starker, vice president of digital strategy and initiatives, has been promoted to general manager of digital strategy.
Kent & Curwen Names Creative Director
British men's clothing brand Kent & Curwen has appointed Daniel Kearns as creative director. Kearns previously worked on the design teams at Faconnable, Alexander McQueen and Louis Vuitton. He succeeds Simon Spurr, who left to become creative director of Gieves and Hawkes, a label also owned by Kent & Curwen's parent company, Trinity.
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