Kate Bostock, who joined the women’s occasionwear retailer two years ago is stepping down from her role as Chief Executive, however, she will remain a consultant for the business. She is focusing on building her Angel and Rocket Childrenswear brand she launched last year.
Bostock believes she has delivered her objectives upon joining Coast by building her team, including successor, former M&S colleague Andrew Skinner – and it was always her plan to step back after a two-year turnaround. Bostock is to remain Skinner’s mentor and oversee relationships with Coast’s retail partners, which include retailers such as Next and Shop Direct, and focus on product, brand direction and customer relationships.
John Coleman, McColl’s Chairman, is leaving the retailer with immediate effect to “focus on new opportunities”. The convenience chain is already searching for his replacement. Sharon Brown, Non-Executive Director, is the retailer’s interim Chairman during this time. His departure comes months after he was named Chairman of Bonmarché, where he was already an independent Non-Executive Director and Chairman of its remuneration committee.
Louise Beveridge, Senior Vice-President of Communications at Kering, is leaving the luxury good conglomerate after five years with the company. Beveridge and Kering came to a “mutual agreement” in her departure. A new Communications Director will be appointed soon.
Groupe Clarins revealed its new Chief Executive Officer, Jonathan Zrihen, who was formerly Chief Operating Officer of the family-owned company, succeeding Philip Shearer. Shearer has stepped down from his responsibilities and has retired, with personal projects on the side. Shearer is credited with having widely contributed to Groupe Clarins’ development, positing the firm among the main players in the fragrance and cosmetics industry.
There are other senior management announcements to be made. A new Chief Financial Officer will be revealed. Henry du Masle has been appointed the role of General Manager in France. On Thursday, Virginie Courtin-Clarins and Prisca Courtin-Clarins, who are respectively responsible for the Thierry Mugler fashion brand and the spa and retail development have been added to the board of directors.
Christopher Bastin joined the menswear clothing brand in 2005 as Lead Designer for men’s shirts and was appointed to Creative Director in 2012. Gant has said they are currently looking for his replacement, which they hope to fill before the end of the year. Bastin has left as he “feel[s] that my job at Gant is done, it is now time for me to pursue other dreams.” Bastin’s exit is not expected to have any effect on the design direction of the brand.
Daniela Molin is now the General Manager of Accessories and Licensing, effective immediately. She assumes the role from Philippe le-Bretton, who was promoted to General Manager of Puma Southeast Asia. Previously, she was Senior Head of Product Management, Accessories. She joined the sportswear brand in 1996.
Simon Dawes, Merchandising Director at Cath Kidston, joins M&Co as their new Merchandising Director and Sue Swannie, Buying Director at Peacocks, rejoins as their new Buying Director. Swannie was at M&Co previously as their Buying Director from 1998-2005. She has experience at George @ Asda, Monsoon Accessorize and Shop Director. She is also joining the M&Co board. Dawes is leaving Cath Kidston in mid-November and will join M&Co in December. He current sits on the operating board at the lifestyle retailer, but in his new role he will sit on the main board. He brings experience from Marks & Spencer, Action Performance, Calvin Klein and John Lewis.
Calvin Klein Collection
Michelle Kessler-Sanders will start her role as President of Calvin Klein Collection in October. John Van Glahn, who was the President of Wholesale Collection and Global Licensing, will continue as President of Global Licensing. Kessler-Sanders will be responsible for overall brand strategy, growth and profitability of the Calvin Klein Collection business. Kessler-Sanders brings experience from Vera Wang, Donna Karan, Juicy Couture and her hire will help elevate the brand’s position within the luxury world.
Diesel has restricted its European management team, amalgamating the Head of Northern, Southern and Central Europe into one role, which will be in its global head office in Italy. The European business will be run by Joanna Onland, who was the Managing Director of Southern Europe. Thorsten Link, the Regional Director for Central Europe has left. These changes are not expected to have too much of an impact for the UK, with no changes to the middle management structure for the UK. This new structure will allow Diesel to have a “more direct and consistent” management of its key accounts, specifically multi-brand retailers and department stores. Hewlett’s new role will be revealed before Christmas, according to Drapers.
Chris Moss is leaving the retailer only five months after Chief Executive Kevin O’Byrne left. It is reported that Moss left the retailer as the new Chief Executive Michael Loeve is building a new senior management team for the long term. Recently the retailer has had a number of departures: as well as O’Byrne’s exit, Darren Blackhurst, Commercial Director, left the company for Morrisons and Guy Eccles, HR Director, stepped down. Loeve said “we are putting together a new, internationally diverse management team at B&Q, with a blend of skills and experience as we build a business where customer needs come first.”
Ralph Lauren is stepping down from his eponymous brand as Chief Executive Officer and will be succeeded by Gap Inc executive Stefan Larsson. This is a post only Lauren himself has held in the near-50 year history of his iconic fashion company. Lauren scouted around for CEO candidates for a longtime with a checklist of “prerequisites” for a successor.
Larsson has been the Global President of Old Navy for 3 years. Larrson will be “looking at what the next steps are and how to keep the company growing and what our future is going to be.” Ralph Lauren will remain Executive Chairman and Chief Creative Officer when Larsson adopts his role in November.
Jackwyn Nemerov, currently president and Chief Operating Officer for the brand, is also retiring and will be an advisor to the company.
Jill Stanton, the Executive Vice President of Global Product at Old Navy, steps in as the Interim Head of the Division after Stefan Larsson’s departure to Ralph Lauren.