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.
Miu Miu hires general manager
Miu Miu has named Benedetta Petruzzo as the brand’s new general manager, effective February 3. Petruzzo joins the company from Kering Eyewear USA, where she was executive vice president, and reports to Prada Co-Chief Executive Patrizio Bertelli. Petruzzo succeeds Maria Cristina Lomanto, who exited the company in Summer 2019 and now serves as chief executive of Roger Vivier.
Nike announces executive shakeup
Nike Chief Executive John Donahoe has promoted DTC President Heidi O’Neill to president of consumer and marketplace and appointed Chief Financial Officer Andrew Campion to the role of chief operating officer. O’Neill and Campion replace Elliott Hill and Eric Sprunk respectively, with Matthew Friend, a longtime Nike finance executive and vice president, investor relations, assuming the role of chief financial officer.
The executive changes come after Chief Digital Officer Adam Sussman announced his departure on February 13 to join Fortnite developer Epic Games as president.
L Brands CEO to step down
Leslie Wexner, the chief executive of L Brands, is stepping down following news that private equity firm Sycamore Partners has acquired a controlling stake in troubled lingerie retailer Victoria's Secret. He will remain on the company's board as chairman emeritus.
Rent the Runway names supply chain chief, adds to board of directors
Following the departure of Marv Cunningham in the wake of supply chain difficulties in September 2019, Rent the Runway has appointed Brian Donato to chief supply chain officer effective March 16, 2020. Donato will report to Rent the Runway Co-Founder and Chief Executive Jennifer Hyman and joins the company from indoor agriculture start-up Bowery Farming, where he was operations lead.
Rent the Runway also added Mike Roth, former vice president of Amazon’s global customer fulfilment operations and transportation, to its board of directors on January 22, 2020.
BDG appoints president
Bustle Digital Group has promoted Chief Revenue Officer Jason Wagenheim to president and chief revenue officer. Wagenheim begins this newly created role effective immediately and reports to Chief Executive Bryan Goldberg.
Sweaty Betty names chief product officer, head of design
British activewear brand Sweaty Betty has appointed Jemma Cassidy chief product officer with immediate effect. Cassidy, who was previously chief merchandising officer at Diane von Furstenberg, reports to Chief Executive Julia Straus and replaces Sue Pickering, who left the company in December 2018.
The company has also hired Willemijn Bos to head of design, reporting to Cassidy with immediate effect. Bos joins the company from Tory Burch’s sportswear line, Tory Sport, where she was design director.
British Vogue names consultant creative directors
Lee Swillingham and Stuart Spalding have joined British Vogue as consultant creative directors with immediate effect. The duo, who founded creative agency Suburbia in 2013 and previously worked on titles such as The Face, Love and Pop, report to Editor-in-Chief Edward Enninful in their new roles.
Arket appoints managing director from within H&M group
Arket has hired Pernilla Wohlfahrt to serve as managing director, its third in as many years. Wohlfahrt joins the brand from H&M, where she was design and collaborations director. She replaces Lea Rytz Goldman, who moved to H&M group stablemate Cos.
Blumarine appoints creative director
Nicola Brognano has been named creative director of Blumarine, beginning in March 2020. His first collection for the brand will be in June. He replaces Anna Molinari, founder and owner of Blumarine, who helmed the company’s creative direction until it was acquired by Marco Marchi in November 2019.
Adidas names supervisory board chair
Adidas has promoted Bertelsmann Chief Executive Thomas Rabe from deputy chairman to chairman of its supervisory board. Rabe, who has been a member of the board since May 2019, replaces Igor Landau, who is stepping down Spring 2020.
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