Stewardship of the Nike brand will pass to Trevor Edwards in a far-ranging reorganization at Nike Inc. made in advance of Charlie Denson’s retirement in January.
Edwards, currently executive vice president of brand and category management at Nike, will succeed Denson as president of the Nike brand on July 1. His responsibilities will include Nike; the Jordan brand; action sports, including Hurley; digital brand, and brand management throughout the world. In an integration of omnichannel activities, wholesale, retail and e-commerce operations will fall under his purview.
Eric Sprunk, currently executive vice president of merchandising and product, has been named to the new post of chief operating officer of Nike Inc. with responsibility for manufacturing, sourcing, information technology and procurement as well as continued oversight of supply chain innovation.
Jeanne Jackson, president of direct-to-consumer, will move to the new post of president of product and merchandising with oversight of footwear, apparel and equipment.
Thomas Clarke, president of new business development, will become president of innovation, leading the company’s advanced product innovation teams and the sustainable business and innovation, or SB&I, team. Hannah Jones will remain vice president of SB&I and report to Clarke while continuing to report to Mark Parker, president and chief executive officer of the Beaverton, Ore.-based company, on policy matters relating to sustainability and labor practices.
Edwards, Sprunk, Jackson and Clarke will report to Parker, as will such current direct-reports as Hilary Krane, general counsel; Don Blair, chief financial officer, and Jim Calhoun, president and ceo of Converse. Krane and Blair are executive vice presidents of the company.
Denson has been with Nike for 34 years and has served as brand president since 2006.
“Charlie’s contributions to Nike are deeply significant and he’s helped build the brand around the world,” Parker said. “I’ve worked with him for more than 30 years and I will miss him. We have a thoughtful succession strategy in place and have built a highly experienced, consumer-focused executive management team with the expertise, acumen and brand knowledge required to continue to build sustainable growth for Nike Inc. for the long term.”
The reorganization affects dozens of executive-level posts throughout the company.
Jayme Martin, currently vice president and general manager of global running, will move up to the same title for global categories. Among those reporting to him will be Patrick Seehafer, Dermott Cleary and Dirk-Jan van Hameren, who have been named vice presidents and general managers of Nike Running, Nike Football and Nike Sportswear, respectively.
Nike reports fourth-quarter and full-year financial results on Thursday. Through the first nine months of its fiscal year, ended Feb. 28, net income rose 8.5 percent to $1.82 billion as revenues were up 8.9 percent to $18.62 billion. Year-to-date footwear and apparel sales rose 8.9 and 8.2 percent, respectively, to $10.65 billion and $5.13 billion.
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)
@Pharrell and his wife Helen Lasichanh were among the stars that came out to celebrate @rimowa’s first pop-up concept shop. The space, which is located on Rodeo Drive in Beverly Hills, draws inspiration from airport luggage carousels and lounge areas – and features the company’s luggage and accessories. If the pop-up is successful it could pave the way for addition temporary shops throughout the world. #wwdfashion (📷: Owen Kolasinski/BFA)
@carineroitfeld celebrated @crfashionbook’s first calendar last night with a dinner party at Spring Place in Manhattan. Photographed by @stevenkleinstudio, the calendar takes on a fitness theme and features @joansmalls, @gigihadid, @danielle_herrington_ – pictured here – and more. “[Carine Roitfeld] wanted me to feel sexy and she wanted me to be myself and feel it out on my own and do what I felt was right,” said Herrington, aka Miss October. #wwdeye
@saintrecords and @virgilabloh last night at @americanexpress’ “A Night With Success Makers” event. “I always bring it back to community because without that I wouldn’t have the courage,” said Knowles when asked how she has gotten where she is now. Read more highlights from their conversation on WWD.com. #wwdeye (📷: @lizdoupnik)
This Just In: Industry sources have told WWD that Anastasia Soare is rumored to be considering selling her beauty business, @anastasiabeverlyhills. According to those sources, Soare has tapped investment bank Imperial Capital to explore sale options for her eponymous beauty brand –– and with at least $340 million in net sales, this would be a big deal. Put in context of other recent transactions for makeup companies, Soare’s price tag could be in the billions if she were to sell the whole thing. #wwdnews #wwdbeauty (📷: @clint_spaulding)
@assouline’s latest book, “The Spirit of Bentley: Be Extraordinary” captures the adventurous attitudes and opulent lifestyles of @bentleymotors’ most creative owners and enthusiasts throughout the U.K. The 292-page hardcover has a section dedicated to showing its team of skilled artisans and photos of its most colorful owners, from George Bamford to designer @alicetemperley, pictured here by Aline Coquelle. #wwdeye
@google released its report on the most popular search terms this year. For fashion brands, the list was led by @gucci, the luxury brand that stunned the market last October when it pledged to stop using fur. Runner ups were @supremenewyork and @fashionnova, along with more established brands like @louisvuitton, @chanelofficial and @ysl. #wwdfashion (📷: @aitorrosasphoto)
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)