BERLIN — Ending a long search and weeks of speculation, Eva-Lotta Sjöstedt has been named chief executive officer of the Karstadt department store chain, effective Feb. 24.
Sjöstedt, who was previously deputy global vice president of the Ikea Group, succeeds Andrew Jennings, who is vacating the ceo post at the German retailer when his contract expires at the end of the year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)