Payless CEO Paul Jones announced that he will retire following the completion of the shoe retailer’s Chapter 11 restructuring. While the company searches for a successor, Payless will be led by an executive committee comprised of CFO Michael Schwindle, COO Mike Vitelli and headed by Martin R. Wade, III, chairman of Payless’ post-emergence board of directors and interim CEO.
The Children’s Place
The Children’s Place appointed Steven G. Rado as its new chief digital officer, effective Aug. 14. In his new role, Rado will drive the retailer’s digital growth strategy and accelerate its online commerce platform. His resume includes previous stints at Land’s End and Victoria’s Secret.
Meenal Mistry was named as Bottega Veneta’s new senior director, global editorial content and copy, effective Aug. 21. In her new role, Mistry will oversee the brand’s creative content, including editorial narratives and social media. Mistry joins Bottega Veneta from The Wall Street Journal, where she served as a fashion director. Her resume also includes previous stints at WWD and W Magazine.
Kristen Campbell was also hired as Bottega Veneta’s new SVP of global marketing. In her new role, Campbell will manage the brand’s digital and social media advertising initiatives. She joins Bottega Veneta from KC Consulting and prior to starting her own firm, Campbell served as VP of global marketing at Michael Kors.
Prana CEO Scott Kerslake is resigning from his post to pursue other career opportunities, effective Aug. 18. Kerslake, who joined Prana in 2009, contributed to the brand’s $100 million sales growth and managed the brand’s market positioning over the past eight years. CFO Mike Pogue and VP of marketing Nancy Dynan will take over Kerslake’s responsibilities while the company searches for a successor.
U.K.-based womenswear retailer, Finery, tapped John Hind as its new chief executive, effective Aug. 14. Hind joins Finery from Me+Em, where he served as the womenswear label’s boss for two years. Prior to his tenure at Me+Em, Hind held leadership roles at Arcadia, Debenhams and Pepe Jeans.
As part of this transition, Finery co-founder Nickyl Raithatha will assume a board position and remain involved as an advisor and shareholder.
Fashion veteran Ariel Foxman was named as Olivela’s new chief brand officer, effective Aug. 21. Foxman, who served as an advisor to the site, will manage Olivela’s communications and marketing departments, in addition to expanding industry partnerships. Foxman previously served as InStyle’s editor in chief for eight years before leaving his post in 2016.
Former Style.com fashion director Yasmin Sewell was tapped as Farfetch’s new VP of style and creative. In her new role, Sewell will oversee the site’s international creative and editorial teams. Sewell joins Farfetch from Style.com, which ceased operations following a new commerce partnership between its parent company, Condé Nast, and Farfetch in July.
Wolford executive Dr. Antonella Mei-Pochtler is resigning from the company. Mei-Pochtler served as chair of the supervisory board of Wolford AG for the past three years. Her departure follows the company’s recent financial results, which indicated an annual EBITDA loss of $3.97 million.
Deputy chair Claudia Beermann will take over Mei-Pochtler’s responsibilities for the next month. The board plans to elect a new chair at the next supervisory board meeting in September.
Hibbett Sports named James A. Hilt to its board of directors. Hilt will serve on the company’s audit committee until his term expires in 2020. Since March 2016, Hilt has served as EVP, chief marketing officer and e-commerce at Express, Inc. He joined Express in Feb. 2014 as SVP of e-commerce. His resume also includes previous stints at Barnes & Noble, Inc. and Sears Holdings Corporation.
Under Armour is jumping on the subscription box bandwagon and fulfilling the call for consumers who desire a monthly—or semi-monthly—activewear fix.Read more
Pakistan’s Punjab University has signed a memorandum of understanding to provide newly invented disease-resistant cotton seed to farmers in the country through seven multinational companies nationwide.Read more
FedEx Corp. has acquired Northwest Research Inc., a specialist in inventory research and management.Read more
Stitch Fix, which uses data analytics and personal stylists to offer curated apparel subscription boxes, has filed for an initial public offering.Read more
Rue21 named a new interim CEO and reorganized its board, while Céline's creative director is allegedly leaving the company.Read more
The apparel supply chain is emerging from the dark ages with on-demand manufacturing, data analytics and the digitization of the inspection process—and start-ups are leading the way.Read more
The U.S. Commerce Department has initiated antidumping duty investigations to determine whether imports of polyethylene terephthalate, known as PET, resin from Brazil, Indonesia, South Korea, Pakistan and Taiwan are being dumped in the U.S.Read more