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Power Moves | Shiffman to Helm Calvin Klein, Carra to Agnona, Ippolito Etro Exits Family Business

BoF compiles the most important professional moves of the week.
Steve Shiffman and Tom Murry | Source: Calvin Klein
By
  • Robin Mellery-Pratt

LONDON, United Kingdom — BoF compiles the most important professional moves of the week.

Calvin Klein Promotes Steve Shiffman to Chief Executive
Calvin Klein has selected Steve Shiffman, previously the company's president and chief commercial officer, to succeed Tom Murry as chief executive. Murry, who has worked at the company for over 17 years, will now act in an advisory capacity as executive chairman until his retirement in January 2015. "We're looking to convert many parts of the world from a classifications business of jeans and underwear into a lifestyle business, and offer sportswear and other categories. In combination there are significant opportunities," said Shiffman, adding that he intends to focus expansion on Asia, India, Australia and South America.

Carra to Exit Emilio Pucci, Become Chief Executive of Agnona
Alessandra Carra will take up the role of chief executive at Italian womenswear brand Agnona in May, the company has announced. Carra will exit her current role as chief executive of Emilio Pucci at the end of March. Carra oversaw a period of expansion at Emilio Pucci, which its parent company, LVMH, had identified as a brand with growth potential, announcing plans for product category expansion and a global store rollout. At Agnona, growth will again be on the agenda.

Ippolito Etro Leaves Family Company
Ippolito Etro is stepping down from his role as general manager of Etro SpA, his family's company, effective April 1st, to "pursue new business horizons," according to his brother Jacopo, Etro's global communications vice president. Their father, Gerolamo Etro, currently president of Etro, will take on Ippolito Etro's duties until a successor is appointed.

Donald Brennan to Leave Kohl's 
Donald Brennan, Kohl's chief merchandising officer, will exit the company on April 1st. The news came to light through a regulatory filing. It is unknown why Brennan is to exit the company, or what the executive intends to do next. Brennan joined Kohl's in 2001 and was appointed the company's chief merchandising officer in 2007.

Boldface Group Taps John LaBonty as President and CEO
Boldface Group, the beauty company which operates the Kardashian Beauty brand under a licensing deal with the Kardashian sisters, has hired John LaBonty as its president and chief executive. "I think we can rapidly grow this company. This is a business you can come into and make a tremendous impact, and very quickly drive top-line and bottom-line growth," said LaBonty. Current chief executive Nicole Ostoya, who cofounded Boldface with Robin Coe-Hutshing, is set to become the company's chief marketing officer. "We have done over $8 million in the last 12 months and we needed somebody that had broader experience to help the company grow into the size we think it can be," he said.

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