LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Abercrombie & Fitch Nominates New Board Members
In a shakeup, Abercrombine & Fitch has named four new independent directors to its board. Chief executive Mike Jeffries came to a compromise with activist investor Engaged Capital, which has sought to promote change at the ailing retailer. Sarah Gallagher, previously of Gap and Ralph Lauren, joins Hudson’s Bay Co. vice chair Bonnie Brooks, Stephanie Shern of Ernest & Young and Diane Neal, chief executive of Bath & Body Works, on the Abercrombine & Fitch board. Lauren Brisky, Kevin Huvane, Jack Kessler and Liza Lee will not stand for re-election. “These actions will further enhance the board and management team’s focus, including strengthening the business, executing on the company’s strategic plans and succession planning, as Abercrombie & Fitch moves into the next phase of its growth,” non-executive chairman Arthur Martinez said in a statement.
Christopher Bailey Begins Dual Role at Burberry
Christopher Bailey took up his new dual role as chief executive and chief creative officer of Burberry on 1st May, the date former chief executive Angela Ahrendts officially departed the company for her new role as Apple's head of retail. Bailey will now have “overall responsibility for creating and delivering the next chapter in Burberry’s global vision and business strategy,” according to the company.
Ellen Rodriguez Appointed Chief Executive of Lela Rose
Ellen Rodriguez was named the new chief executive of bridal brand Lela Rose, which currently has 75 wholesale doors in the US, including Bloomingdales, Bergdorf Goodman, Neiman Marcus and Nordstrom. Rodriguez, who previously worked as vice president of global licensing and marketing at Calvin Klein and has held roles at Juicy Couture, Kenneth Cole, Nautica and Cole Haan, is believed to have been brought on board to support the brand's entry into the home and lifestyle markets, as well as further product expansion within the bridal market, including shoes, bags, jewellery and other categories.