The latest appointments at Jacob & Co. Watch Company, La Perla, Tiffany & Co, Trussardi, L’Oreal Luxury Division and Belstaff.
Since the beginning of 2011, there has been an endless stream of executive movement within the luxury industry. New CEO’s have been appointed at Rolex, Givenchy, Emanuel Ungaro, De Beers, Anya Hindmarch, Edmiston, Boucheron, Ulysse Nardin, Ferretti Group, Pucci, Yves Saint Laurent, TechnoMarine and Kenzo, just to name a few.
New creative directors were appointed at Chloé, Balmain and Pringle of Scotland, as John Galliano exited Dior, Milan Vukmirovic left Trussardi and Tommaso Aquilano and Roberto Rimondi were dismissed from Gianfranco Ferrè, by new owners, Dubai-based Paris Group.
Appointments have, understandably, slowed down. L’Oreal and Tiffany & Co have looked within for their next leaders, whilst Belstaff have called on the external expertise of Harry Slatkin and Tommy Hilfiger, as the brand moves forward with Labelux as new owners.
Harry Slatkin, founder of the global home fragrance business Slatkin & Co., will join Belstaff as CEO, following the recent acquisition of the brand by Labelux Group. Tommy Hilfiger will also join the Belstaff advisory team as a business consultant to the brand.
Former global marketing director of L’Oreal Luxury, Olivier Teboul, has been named Scental Lancôme division manager in Hong Kong, replacing Lina Ly. Ms Ly has been appointed general manager of luxury products division Hong Kong.
Source: The Moodie Report
Patrick F. McGuiness has been appointed senior vice president and chief financial officer at Tiffany & Co, after holding a variety of management positions since joining in 1990. James N. Fernandez has been appointed to the newly created role of chief operating officer, after serving as chief financial officer since 1989.
Source: Business Wire
Following the exit of Milan Vukmirovic, Trussardi announced the appointment of Umit Benan Sahin as its new creative director. Sahin launched his own label in 2009, after working with Marc Jacobs, Sophie Theallet and Rifat Ozbek.
Philippe Pascal, formerly head of LVMH’s watch and jewellery activities since 2001, has been named as an adviser to chairman and CEO Bernard Arnault. Bulgari CEO, Francesco Trapani, will replace Mr Pascal and has also been named to the LVMH board
Source: Fashion Snoops
After serving as CEO since April 2009, Alain Prost is parting ways with La Perla. The brand is believed to have identified a successor but has not yet disclosed who that will be.
Source: Fashion Mag (French)
Formerly with Tourneau for over twenty years, most recently as executive vice president, Andrew Block has joined Jacob & Co. Watch Company as chief operating officer.
Source: Diamond News
For more in the series of The Latest Appointments, please see our most recent editions as follows:
- The Latest Appointments, Chloe, DeBeers & Boucheron
- The Latest Appointments, Balmain, Bacardi, Rolex
- The Latest Appointments, Taj Hotels, BMW & Dior