Brian Marley, Belk Inc.’s executive vice president and chief financial officer, will retire in May and be succeeded by Adam Orvos, currently executive vice president of human resources.
Marley, a 12-year veteran of Belk, will serve as a consultant to the store for a year after he retires to assist in the transition and advise on financial matters. He will still serve on the investment committee of The Belk Foundation and the advisory board of the Belk School of Business at UNC-Charlotte. Marley was instrumental in establishing expense controls, capital planning processes and cash-management practices, enabling the department store chain to emerge from the recession with a strong balance sheet and more than $500 million in cash. Marley led the sale of Belk’s credit-card portfolio to GE and structured the financing of Belk’s acquisitions of the Proffitt’s/McRae’s and Parisian. He also spearheaded a capital allocation process that strengthened Belk’s balance sheet and supported growth initiatives.
Orvos joined Belk in 2006 as senior vice president of finance and corporate controller and was promoted to his current position in 2009. He began his retail career in 1987 with the May Department Stores Co. in St. Louis, serving as a senior vice president and cfo of the Foley’s division. “His experience as the chief financial officer of a division of May Department Stores and three years as our corporate controller have prepared him well for his new position. Adam is a talented executive and strategic thinker,” said Tim Belk, chairman and chief executive officer.
@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