NEW YORK — Michael G. Archbold, executive vice president and chief financial and administrative officer of Saks Fifth Avenue, has resigned to join Vitamin Shoppe.
Archbold was hired by Saks in 2005 and was slated for a promotion to executive vice president and chief financial officer of Saks Inc., the parent of Saks Fifth Avenue, on May 4. Instead, his last day at Saks will be April 13.
At Vitamin Shoppe, Archbold will be executive vice president, chief operating officer and chief financial officer. Vitamin Shoppe sells vitamins and other health and wellness products.
Stephen I. Sadove, Saks Inc. ceo, said, "Mike made many contributions while at Saks Fifth Avenue, and I wish him well.... We are very fortunate to have a talented and experienced team in place to perform our financial reporting and other financial functions until we fill the Saks Inc." executive vice president/chief financial officer post. Archbold's position at Saks Fifth Avenue will not be filled.
Saks Inc. operates 54 Saks Fifth Avenue stores, 49 Saks Off 5th stores, saks.com and the Club Libby Lu specialty stores.
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“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