There have been several high-level departures from retail corporations recently. In addition to the big changes at Gap Inc, when Old Navy President Stefan Larsson left to become President and CEO of Ralph Lauren, Banana Republic’s Marissa Webb is leaving her role as Executive Vice President and Creative Director; Kay Krill is stepping down as President and CEO of Ann Inc and handing over to Gary Muto; TJX Cos.’s new CEO is Ernie Herrman, succeeding Carol Meyrowitz. Tilly’s CEO Daniel Griesemer steps down and Edmond Thomas will rejoin to replace him.
Joel Horowitz, co-Chairman of Diane von Furstenberg Studio, has left the company. His departure may indicate that a possible IPO is now off the cards however details of why he has left the business have not been reported.
In April, DVF appointed Paolo Riva, ex Vice President, Apparel and Visual Merchandising for Tory Burch LLC, as CEO following a two-year search. Diane von Furstenberg indicated his departure then: “His role was to set up an infrastructure and to find the CEO”.
Alongside his new role at Balenciaga, Demna Gvasalia will continue to lead the design collective at Vetements. He is the best choice for the new artistic direction of the maison due to his expertise, fashion knowledge, unique vision and his development of Balenciaga’s core values with today’s global changes. This follows Alexander Wang’s final show for the brand, which took place Friday 2nd October. Wang is set to focus on his eponymous fashion label.
McColl’s poaches Tesco Finance Director of Product, Simon Fuller, to become its deputy Chief Financial Officer. McColl’s are building their position as a leading neighbourhood retailer and are investing in convenience conversions and new stores, so Fuller’s commercial acumen and experience will be incredibly valuable to them.
Virtual fitting room business Fits.Me has reshuffled its top team in preparation for its international expansion. Chief Operating Officer Stuart Simms has been promoted to Chief Executive, replacing James Gambrell, who is moving into the newly created role of Executive Chairman with immediate effect. These changes will help fast-track their plans to expand into North America and Asia, but no timeline was indicated.
Fumbi Chima starts as their new Chief Information Officer and Leanne Wood as their Chief People and Corporate Affairs Officer. Both appointments are smart moves, as they bring an interesting global dimension to their roles. Chima’s digital expertise will definitely benefit Burberry, who digital pioneers in the fashion sector. Wood has a global remit, having worked in a number of markets, including Southeast Asia, Great Britain, Ireland and Africa.
Douglas Wood is their new Chief Executive, effective January 2016. He will replace Terry Pillow when he retires at the end of the brand’s fiscal year. Wood joined Tommy Bahama in 2001 as their Chief Operating Officer before being promoted to President in 2008. Wood wants to push their move into womenswear, as it began as a menswear brand. Pillow will remain in an advisory position.
Former Adobe Chief Information Officer officer Gerri Martin-Flickinger is now the coffee brand’s newly created Chief Technology Officer. Martin-Flickinger will report to the Chief Operating Officer Kevin Johnson and will be a part of Starbuck’s senior leadership team. Martin-Flickinger will play a key role in shaping the technology agenda across the Starbucks business. Her technical expertise and experience with transformational change will help Starbucks shape their global technology agenda and the next phase of innovation and growth.