Nordstrom appointed Anne Bramman as its new CFO, effective June 2. Bramman joins Nordstrom from Avery Denninson Corporation, where she served as CFO and VP for two years. Her extensive retail background includes previous stints at Carnival Cruise Line and Henri Bendel. Bramman’s predecessor, CFO Mike Koppel, retired from his position on May 1 and will continue to serve as a consultant through the end of the year.
Unifi president Kevin D. Hall was named as Unifi’s new CEO and board member, effective June 1. Hall has spent more than three decades building global brands. Thomas Caudle will continue to serve as Unifi’s president. CFO Sean Goodman has resigned from his position, effective June 24, to pursue other career opportunities.
Marks & Spencer
M&S announced three new hires this week.
Archie Norman was appointed as non-executive chairman, effective Sept. 1, and he will succeed Robert Swannell who is retiring from the board on the same date.
Halfords CEO Jill McDonald was tapped as the company’s new managing director for clothing, home and beauty, effective this Fall. In her new role, she will also be part of the M&S Operating Committee, the company’s team that is responsible for overall business strategy.
Upon McDonald’s arrival, Jo Jenkins will move to the new role of clothing & beauty director. Jenkins will oversee M&S’ clothing segment, including womenswear, menswear and kidswear.
Fair Labor Association
Michael Posner was named as the chair of Fair Labor Association’s board of directors. Posner currently serves as the director of the New York University (NYU) Stern Center for Business and Human Rights. He also co-founded the Center for Business and Human Rights in 2013 and previously served as assistant secretary of state for the Bureau of Democracy, Human Rights and Labor at the State Department from 2009 to 2013.
The Bon-Ton Stores, Inc. hired Norm Veit as its new EVP and CIO. Veit brings more than 35 years of retail experience to Bon-Ton and most recently served as CIO and EVP, distribution, real estate and liabilities for Nine West Holdings, Inc. His resume also includes other Nine West leadership roles, including SVP corporate MIS and VP, MIS.
Cathy Beaudoin, president of Amazon’s fashion division, is stepping down from her role. After working with Amazon since 2009, Beaudoin decided to leave the company to pursue other career opportunities. Beaudoin was responsible for helming Amazon’s fashion arm, which has grown in the past few years to include contemporary fashion labels like Diane von Furstenberg and Theory. A successor has not been named yet by Amazon.
Heiko Arnold was hired as Lenzing Group’s new CTO as part of the company’s sCore TEN corporate strategy. Arnold will oversee the implementation of approved and planned expansion, including Tencel fiber production facilities in Asia, Austria, Great Britain and the U.S.
Burberry tapped Dior U.S. SVP of merchandising Judy Collinson as its new chief merchandising officer. Joining Burberry from Dior, Collinson has over 22 years of experience in luxury merchandising. In her new role, Collinson will lead Burberry’s product strategies and oversee the label’s growth. Her predecessor, chief merchandising officer Paul Price, is exiting the label to pursue other career opportunities.
HBC CFO Paul Beesley is resigning from his position on July 7. After serving as CFO for three years, Beesley will relocate back to Canada to be closer to his family. Beesley will continue to serve as CFO over the next two months until HBC names a successor.
Macy’s Backstage SVP and general merchandise manager Vanessa LeFebvre reportedly left her post to pursue another career opportunity. Until Macy’s hires a successor, Macy’s chief merchandising officer Tim Baxter will take over LeFebvre’s responsibilities.
Mirjam Dietz was named as UBM Fashion’s new European market consultant. In her new role, Dietz will oversee sales for UBM Fashion apparel and accessories events in Europe. Dietz has previously held leadership roles at German fair organizer Igedo Company and organizer of the Bread & Butter trade show.
Etsy announced a senior leadership transition as part of its first quarter 2017 financial results. Etsy’s board of directors appointed board director Josh Silverman as CEO. Silverman previously served as president of consumer products and services at American Express and the CEO of Skype. Silverman succeeds CEO and board chair Chad Dickerson, who is exiting the company. Etsy board member Fred Wilson will also succeed Dickerson and become board chairman.
Canada Goose named John Davison as an independent member of its board of directors and audit committee. Davison currently serves as the CFO and EVP of Four Seasons Holdings, Inc., where he oversees the company’s information systems. His resume includes previous stints at KPMG and IMAX Corporation.
Gerber Technology changed is executive fleet this week. Mohit Uberoi was appointed as Gerber Technology’s new CEO and will succeed Mike Elia, who is retiring from the company. Elia will continue to serve as a board member after the transition is completed.
This week, the web demonstrated Amazon's market strength, explored why craftmanship wins and offered deparment stores new methods of survival.Read more
Gap Inc. shares jump on improved performance and outlook, while Ross Stores increased guidance on strong quarter.Read more
Factories in China are subcontracting apparel production to North Korea and then selling the goods to buyers as Made in China product.Read more
As the tide toward e-commerce shopping continues to rise, brands have a big opportunity to claim market share online from their multi-brand retail counterparts.Read more
Flagship brands flounder at URBN and L Brands, The Bon-Ton attempts to slow losses while Walmart continues to grow, lead by e-commerce sales.Read more
The luxury goods sector is expanding its footprint and LVMH is taking the lead with its strong sales growth.Read more
Retail sales growth picked up in July compared to recent months, helped by strength in e-commerce and by a slight recovery in department store sales.Read more