Company insider Marco Giacometti has been tapped as chief executive officer of Tod's USA.
Giacometti was previously general manager of Tod's northern region including France, the U.K., Belgium, the Netherlands and Luxembourg. The promotion is effective immediately.
Giacometti will oversee the corporate activity for Tod's, Hogan and Roger Vivier. He has worked at the company nine years.
Peter Tannenbaum will retain his title of chief operating officer of Tod's USA.
"I am very happy for this opportunity that was given to Marco Giacometti," former Tod's USA ceo Claudio Castiglioni, who is now president of Tod's USA and chief commercial officer of Tod's SpA, said in a statement. "Because of his background, being responsible for France, United Kingdom and Benelux, he has achieved great experience in both retail and wholesale."
Castiglioni was named chief commercial officer of Tod's SpA in January 2007. Like Castiglioni, Giacometti reports to the Milan-based Stefano Sincini, Tod's SpA chief executive officer.
In November, the company reported a profit increase of 8.9 percent to 57.3 million euros, or $76.8 million, for the nine months ended Sept. 30. Sales for the period advanced 14.1 percent to 499.9 million euros, or $670 million. Revenues would have grown 16 percent at constant exchange rates. Revenues in the U.S. advanced 10.3 percent to 47.4 million euros, or $63.5 million, and would have gained as much as 19 percent at constant exchange rates.
In March, Tod's is opening a 2,200-square-foot store in Dallas' NorthPark Center.
“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
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast