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Power Moves | Inditex Confirms New CEO, M&S Names Fashion Lead

This week, Zara veteran Carlos Crespo is appointed CEO, while M&S taps Topshop fashion director.
Carlos Crespo | Source: Inditex
By
  • Rachel Deeley

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

Zara owner names company veteran CEO

Carlos Crespo has been appointed chief executive of Zara owner Inditex, taking effect once it was confirmed at the group's annual general meeting on July 16. Crespo, who was previously chief operating officer, replaces Pablo Isla in the capacity of chief executive. Isla is now group executive chairman.

Marks & Spencer taps Topshop fashion director

British retailer M&S has poached Maddy Evans, Topshop fashion director. It is understood that Evans will assume a senior buying role, rather than directly replacing Jill McDonald, who joined the company in October 2017 and was fired by Chief Executive Steve Rowe earlier this month. Rowe has assumed leadership of this division until there is a new appointment.

L’Oréal adds to executive committee

L’Oréal has announced three new additions its executive committee. Chief Corporate Responsibility Officer Alexandra Palt, and Vincent Boinay, general manager for global travel retail, have both been appointed effective September 1, while L’Oréal China President Fabrice Megarbane has been on the committee since July 1.

Chanel hires diversity chief

Chanel has appointed Fiona Pargeter its first global head of diversity and inclusion, with immediate effect. Pargeter joins the company from her role as head of diversity and inclusion for the EMEA region and reports to Chanel's head of people communication and engagement.

FT names Jo Ellison editor of How to Spend It

Financial Times Fashion Editor Jo Ellison has been appointed editor of luxury supplement How to Spend It, replacing Gilian de Bono effective September 2019. A representative from the newspaper has said that there will be a replacement hired to fill Ellison's current role.

Victoria Beckham CEO exits

Paolo Riva has stepped down as chief executive of Victoria Beckham, after less than a year in the role, with the company citing personal reasons. Ralph Toledano, who was appointed chairman in March 2018, will assume leadership of the company.

Condé Nast Spain names managing director

Condé Nast has announced Natalia Gamero del Castillo as Managing Director of Condé Nast Spain, with immediate effect. Gamero del Castillo has been at the company for 18 years, most recently serving as senior vice president. She replaces Javier Pascual del Olmo, who was promoted to chairman and will continue to be chief executive and chairman of Condé Nast Mexico and Latin America.

To explore exciting fashion industry career opportunities, visit BoF Careers, the global marketplace for fashion talent.

Editor’s note: This article was revised on 19 July, 2019. A previous version of this story misstated that Maddy Evans was directly replacing Jill McDonald at M&S. This is inaccurate. Evans’ role at the company has not yet been confirmed.

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The State of Fashion: Technology