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.
Estée Lauder reshuffles China, North America leads. The beauty giant said its president of Asia-Pacific Mark Loomis will become president of North America effective February 2022. Meanwhile, Joy Fan, who previously served as the head of its China affiliate, has been named president and chief executive of the company’s China business. Fan will report to group international president Peter Jueptner and oversee the company’s long-term growth strategy in the crucial Chinese market.
Neiman Marcus Group boosts executive ranks. The American luxury retailer promoted senior vice president Natalie Lockhart to an expanded role leading the department store group’s newly created growth execution office. It also expanded the responsibilities of its vice president of people and ESG, Chris Demuth. Elsewhere, it hired corporate communication consultant Tiffin Jernstedt to serve as its chief communications officer. The company said the new appointments would boost its efforts to “reflect a more modern growth mindset.”
Burberry appoints non-executive director. The British luxury brand said the former telecommunications executive Danuta Gray will join its board, serving as a member of the remuneration and nomination committees from Dec. 1. Gray serves as Direct Line Insurance Group’s chair and previously served as a board member for the UK’s Ministry of Defence.
Condé Nast names GQ Japan head of editorial content. Fashion marketing and commercial consultant Satoshi Niibori will assume the newly created role effective immediately. Previously, Niibori ran his own independent design label in New York before moving to Europe to consult for brands aiming to enter the Japanese market. He will report to GQ’s deputy global editorial director, Adam Baidawi, and will lead on content across all GQ Japan platforms.
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Lotte Group hires externally for key leadership roles. The Korean retail business tapped Kim Sang-hyun to lead Lotte Shopping, which oversees the group’s retail business, officials said. The executive was previously vice president of discount store retail chain Homeplus.
Highsnobiety loses editorial director. Christopher Morency announced his departure from the Berlin-based streetwear publication after a three-year stint as editorial director. Morency, who previously wrote for BoF, said his next role will be announced in January. He will continue to contribute to Highsnobiety and other publications on a freelance basis, according to a statement.
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