Anish Melwani has been named Chairman and Chief Executive of LVMH, effective January 2016. He co-led global strategy and corporate finance at McKinsey & Company. At LVMH, he will be responsible for the development of LVMH activities in North America. Additionally, Pauline Brown has resigned from her role as LVMH’s chairman for North America, effective December, to pursue other opportunities.
Christopher Suarez, Co-Founder and CEO of Nicholas Kirkwood, has left the company to pursue other interests, effective Friday October 30th. Kirkwood was acquired by LVMH in September 2014 and a two-year plan was formed to prepare the company for the next stage of brand development. His departure was planned as part of that strategy. Sophie Brocart, SVP of Fashion Ventures at LVMH, will take over interim management of the brand, which plans to bring in a new CEO.
Claire Chambers is resigning from her role as Chief Executive Officer, the New York-based lingerie retailer she founded in 2007. From November, Chamber’s role will be taken on by existing members of the senior management team, whilst Lyn Lewis, Director of Operations and Stores, will lead the business.
Aurelian Lis is leaving Benefit Cosmetics to become Chief Executive Officer of Dermalogica, which was recently acquired by Unilever. Lis was with the company for six years, as General Manager of the Americas. Lis will succeed Stephen Kurland at Dermalogica, who was with the company for 24 years. He was appointed CEO of the brand 18 months ago and was instrumental in building Dermalogica, particularly with the opening of markets in the UK, Australia, Canada and Germany. Lis is expected to join the brand at the beginning of next year and will report to Vasiliki Petrou, Senior Vice President of Unilever Prestige. Lis will be succeeded at Benefit by Alfred Stillman, Senior Vice President of US sales.
Chloe Sippe is now their General Merchandising Manager, non-apparel. She will report directly to Mary Chiam, Vice President of Merchandising and Planning. Sippe brings senior buying experience from Net-a-Porter, Saks Fifth Avenue and David Jones.
Joyce Green has been promoted to the position of Executive Vice President of Fashion for the US, succeeding Barbara Cirkva, President of Fashion, who will be stepping down from her post in March 2016. Green will start her new role in January.
After a 14-year tenure with top Paris fashion house, Alber Elbaz, the Israeli designer who transformed them into a truly global luxury label with his feminine and spirited designs, has been ousted. Sources say his departure comes following disagreements between the designer and Wang and Chief Executive Officer Michèle Huiban. This news comes shortly after Raf Simons announced his departure from Christian Dior after three and a half years, prompting discussions about the pressures and restraints placed onto today’s creative directors in such a fast growing, evolving industry. Elbaz’s departure is also fueling rumours that he may take over from Simons at Dior, or potentially instigate a shuffle amongst the highest levels of international fashion.
Alteri Investors acquired footwear retailers Jones and Brantano UK from their Dutch parent company Macintosh for €17m (£12.2m). Macintosh made a loss of €53m, as the deal was at the lower end of the range expected – the sale’s proceeds will go towards repaying their debts. Combined, they made a loss of €1.9m (£1.3m) in the third quarter of 2015. With David Short, former Managing Director of Macintosh UK, as Chief Executive, the rest of the Jones and Brantano senior team will remain in place.