PARIS — Lancel, the Compagnie Financière Richemont-owned French leather goods brand, said it has parted ways with Marc Lelandais, its president and chief executive officer.
“Since his 2006 appointment, the company has made considerable [progress], most notably in brand image, product strategy, supply chain and internationalization,” the company said.
This confirms a report in WWD on Jan. 20 that Lelandais was exiting, following an internal announcement by Marty Wikstrom, ceo of Richemont’s fashion and accessories businesses, citing “differences of views on major matters” between Lelandais and Richemont regarding the management of the company.
A successor has not yet been named. According to a Lancel spokeswoman, Eric Langon, currently chief operating officer and a five-year employee of Lancel, will be heading up company operations for the time being.
Wikstrom is also expected to be spending considerable time in Paris and there will be no change in strategy for the house, the spokeswoman said.
Since joining Lancel in 2006, Lelandais focused on streamlining distribution and ramping up the brand’s international presence. Prior to that, he worked for Escada and Children Worldwide Fashion in management and marketing positions.