Stefan Larsson, a 15-year veteran of H&M, will become the first global brand president for Old Navy in October.
Parent company Gap Inc. has created the new position because it’s orchestrating an international roll out of the $5 billion, 12-year-old Old Navy chain starting with Japan in July. Old Navy currently operates in North America only, and is being led by Nancy Green, executive vice president and chief creative officer, and Tom Sands, executive vice president of stores and operations. Tom Wyatt served as president until resigning in January to enter the education field.
Larsson was instrumental in H&M’s expansion from about $3 billion to $17 billion and from 12 to 44 countries by leading real estate, store design and store construction. Larsson most recently was head of global sales for H&M.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
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