Sharen Jester Turney is stepping down as CEO of the lingerie chain, which she has led for the last decade. Les Wexner, Chief Executive Officer of L Brands, in charge of his company’s biggest business – Victoria’s secret makes up almost two-thirds of L Brands’ revenue. Turney will remain an adviser to the division and is leaving to spend more time with her family and discover “what’s next” professionally. Turney’s departure causes quite a shake-up as she was seen by many as a possible successor to Wexner, who is turning 79 this year. L Brands’ shares have fallen 2.6% since the announcement.
Vincent Wauters is to be Hunter’s new Chief Executive Officer, effective 1 March 2016. He joins from Arc’teryx, where he was President and a member of the Executive Board of Amer Sports Coroproation, in charge of the apparel and gear category. He brings experience of building consumer brands and optimising operational efficiency. He will help drive Hunter through its next stage of development.
Nike has finally named a Chief Digital Officer, a new role for them, which they have appointed to Adam Sussman, ex Zygna, The Walt Disney Company and Electronic Arts. They are quickening their efforts in adopting a digital mindset at the heart of their brand. Sussman was previously Head of Global Strategy and Development at Nike. he will oversee all products and services across Nike.com, Nike+ as well as the brand’s other digital platforms. He will report to Trevor Edwards, President of the Nike Brand.
Adrian Arbuthnot has been poached back from Indian fashion etailer Koovs to be River Island’s newly created Head of Menswear. He was previously a Senior Menswear Designer at River Island. He also has experience with ADA, which works with Next, Debenhams and House of Fraser, and Burton. This new role is part of the retailer’s plans to expand the category, which is currently 30% of the business, and grow market share. Arbuthnot has also taken on Sarah Turton’s responsibilities, a former Menswear Design controller who left late last year.
Both Vanessa Van Dyke and Oriana Cirocco join Anya Hindmarch as their Commercial Director and Collections Director respectively. Van Dyke joins from Marc Jacobs where she was Head of Commercial Sales EMEA for their footwear whilst Cirocco was at Lanvin as Director of Accessories.
Pentland Brands Chairman Andy Rubin has joined JD Sports Fashion board as a Non-Executive Director. His international brand development experience will help support their expansion plans. Rubin is also currently a director of Pentland Group, which has a 57.5% stake in JD Sports Fashion. JD is also close to opening stores outside of Europe for the first time.
Brand Marketing Director for House of Fraser, Tony Holdway, is joining BHS as their Marketing and Creative Director. House of Fraser are currently looking for his replacement. Holdway is replacing Georgina Whalley, who left BHS for New Look in January, to be their Managing Director for UK and Ireland. He will be responsible for many new marketing initiatives put in place for the latter half of the year.