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.
Management Changes at Yoox Net-a-Porter
The Yoox Net-a-Porter Group has announced a series of senior management changes, just a month after the £2.8bn merger merger was finalised. Stephanie Phair, president of The Outnet, and Ian Tansley, managing director of Mr Porter, are leaving the company with immediate effect. Tansley, who has been in his role at the menswear site since 2011, will be succeeded by Toby Bateman, who has served as buying director at Mr Porter since 2010. In a related move, Naomi Hewitt, Net-a-Porter's head of HR since 2003, has also been promoted to director of people and organisation for the Yoox Net-a-Porter Group.
Estée Lauder's Executive Appointments
Estée Lauder Companies Inc. has named John Demsey as executive group president and Jane Hertzmark Hudis as group president, effective January 1, 2016. Demsey joined the company in 1991 and has served as group president since 2006. Hudis, who was appointed global brand president in 2009, succeeds Lynne Greene, who is retiring. Both executives will report to Fabrizio Freda, Estée Lauder president and chief executive officer.
Hunter CEO Exits
James Seuss, Hunter's chief executive officer since 2012, will step down from his role later this month. An interim leadership committee, consisting of creative director Alasdhair Willis, CFO Benedict Smith, product and sourcing director Julie Rafferty and CEO and president of America Wendy Svaree, will manage the business until a successor is found. In December, Suess will begin his new role as CEO of handmade designer rug business The Rug Company.
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Condé Nast Layoffs
The leadership shake-up across Condé Nast titles continues. Glamour US's design director Sarah Vinas and accessories director Gretchen Gunlocke Fenton are leaving the magazine, effective immediately. In the last few weeks, Condé Nast has reshaped the leadership team at Allure, closed men's magazine Details, and laid off seven staff at GQ. Also this week, Brendan Monaghan was appointed publisher and chief revenue officer of Condé Nast Traveler, effective December 7.
Sandqvist Names CEO
Swedish accessories brand Sandqvist has appointed Caroline Andersson as its new chief executive officer. Anton Sandqvist, who founded the brand in 2004 and is currently CEO, will step down at the end of the year. Andersson joins from Craft Sportswear, where she was commercial manager.
Faye Penn Joins InStyle
Faye Penn, founder of online magazine 'Brokelyn' and former executive editor of the Observer, has joined InStyle as editorial projects director. Penn, whose previous roles include features editor for the New York Post and New York Magazine, will report to Ariel Foxman, editorial director of InStyle and People StyleWatch.
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