NEW YORK — Steven Cohen has been named president of Ebel Americas, succeeding Randi Shiske, who left the firm this month.
Cohen, 50, will report to Thomas van der Kallen, president of Ebel, a fine watch brand for women and men. He was most recently president of the Canadian division of Movado Group Inc., Ebel’s parent company. Cohen joined Movado in 1991 as a sales representative for the Concord brand.
Efraim Grinberg, Movado president and chief executive officer, said during the company’s conference call Wednesday: “Throughout the year we will intensify our advertising and marketing initiatives, as we reestablish Ebel to its premier luxury status in the global marketplace and begin to bring the business to an appropriate level of profitability.
“I think we expect to have healthy growth in Ebel. It will be slightly better than the brand average and the company average really, because most of the new product will be delivered in the back half of the year. But we believe that this has fantastic long-term growth opportunities for the company, and this has proven to be an excellent acquisition for us, as well, from the financial perspective.”
Ebel was acquired from LVMH Moët Hennessy Louis Vuitton in December 2003. Movado reported Wednesday that Ebel had sales for the fourth quarter ended Jan. 31 of $17.3 million and was “slightly accretive” to earnings. Ebel had sales for the year of $45.4 million and was dilutive to full year earnings by $0.11 per share, the company said.
In addition to the Ebel brand, Movado designs, manufactures and distributes watches under the Coach, Tommy Hilfiger, Concord, ESQ and Hugo Boss labels worldwide.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)