Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Tiffany Appoints Roger Farah as Chairman

The Ralph Lauren veteran will take over the job on October 2 from Michael Kowalski, who will stay on as a director.
Tiffany Store | Source: Shutterstock
By
  • Bloomberg

NEW YORK, United States — Tiffany & Co.'s board elected Roger Farah as its next chairman, turning to a longtime Ralph Lauren Corp. executive for guidance as the luxury brand works to reignite growth.

Farah will take over the job on October 2 from Michael Kowalski, who will stay on as a director, Tiffany said on Thursday.

The 64-year-old Farah, who most recently served as a co-chief executive of Tory Burch LLC, joined Tiffany's board after the hedge fund activist Jana Partners LLC invested in the jeweller and began pushing for changes. He was one of three board directors that Jana put in earlier this year.

The New York-based jeweller has been trying to add more innovative products and revive store traffic. Tiffany made a series of management changes in the past year, including hiring a former Diesel SpA executive as its new chief executive officer.

ADVERTISEMENT

Kowalski, who has been chairman since 2002, was chief executive of Tiffany from 1999 until 2015. He then began a stint as interim chief this year before Diesel’s Alessandro Bogliolo was hired. Bogliolo will join the company next month.

“With the appointment of Alessandro as our new CEO, and under Roger’s leadership on the board, I believe we are well positioned,” Kowalski said in a statement.

By Stephanie Wong; editors: Nick Turner and Cecile Daurat.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024