NEW YORK -- In the latest reshuffling at Alfin Inc., Lawrence Pesin has resigned as president and chief executive officer.
He left the company, a fragrance and cosmetics distributor based in Norwood, N.J., for "personal reasons," according to Mayer D. Moyal, chairman. Moyal has assumed the chief executive officer post until Pesin's successor is named.
Pesin couldn't be reached for comment. He joined Alfin in May, following the resignation in April of chairman and ceo Stanley Kohlenberg, who had joined the company in January.
When Pesin was named ceo, Saul Resnick was named chairman.
Moyal joined the firm in September as the successor to Resnick, who then returned to his post at Pierre Balmain International, which is owned by Erich Fayer, the majority owner of Alfin.
Despite the executive shuffle, Alfin reported a profit of $11,133 in the first quarter of fiscal 1994 ended Oct. 31, boosted by a decrease in overhead, the company said. Alfin had a loss of $540,611 a year earlier.
"We have had some good news lately," said Moyal. "We are launching the Burberrys fragrances next month, so we hope we can have a good second quarter as well."
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia