The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
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LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Hudson’s Bay Company CEO exits
Following the decision to take Hudson’s Bay Company private, Chief Executive Helena Foulkes will step down effective March 13, with Executive Chairman Richard Baker named as her replacement. Baker will assume the role in addition to his existing position at the company.
Printemps CEO departs
Printemps has announced that Chief Executive Paolo de Cesare exited the department store on February 28, 2020, following several years of “challenging performance,” according to a company statement. The search for de Cesare’s successor is underway.
Coty taps CEO from Jimmy Choo
Coty has named board member Pierre Denis to succeed Pierre Laubies as chief executive. Denis will join the cosmetics group from Jimmy Choo, where he recently stepped down as chief executive, by summer 2020.
YNAP CEO steps down
Federico Marchetti is stepping down as chief executive of Richemont-owned Yoox Net-a-Porter Group, with a successor yet to be named. Marchetti, who co-founded Yoox in 2000, will remain chairman of the company.
Dazed Digital appoints editor
Dazed Media has promoted Anna Cafolla from deputy editor to editor of Dazed Digital. Reporting to Jefferson Hack, co-founder of Dazed Media, Cafolla succeeds Thomas Gorton, who held the role since 2015 and is now editorial director, special projects of Dazed Media.
Mango appoints CEO
Mango has named Toni Ruiz chief executive with immediate effect. Ruiz first joined the company in 2015 as chief financial officer and board member, and was made general manager in October 2018. He loosely replaces Founder Isak Andic, who technically held the top executive job at Mango but remains the company's owner and chair of the board of directors.
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