NEW YORK — After 18 months as interim chief executive officer of Ralph Rucci LLC, Jeffry Aronsson has relinquished that post to focus on his consultancy company, the Aronsson Group.
The plan is to hand over the ceo role to a permanent ceo, but an individual has not yet been named.
Both parties said Monday that the temporary arrangement had always been part of the plan. Aronsson is maintaining his minority stake in the company.
Ralph Rucci chairman Nancy Marx said Aronsson “did such a great job,” helping to stir up more interest among stores, moving the designer’s offices into a new space and “putting out some fires,” among other things. With Aronsson on board, the designer branched out into new categories, attracted new investors, earned favorable reviews for his spring collection and launched his first advertising campaign. Industry sources said Aronsson has been instrumental in improving sell-throughs, stabilizing the company financially and operationally and enhancing the wholesale side of the business. RELATED STORY: Ralph Rucci RTW Spring 2014 >>
Another consultant, Guy Muzio, has stepped in to help out with Aronsson’s former responsibilities. Marx declined to say when a permanent ceo would be named, but noted the company was “holding out” for an exact match.
Reached at home Monday, Aronsson said, “This is a transient moment for the company because of what we have achieved in the past year and a half. Now the company is ready to get someone in who can devote 150 percent of their bandwidth and really make the business happen. This isn’t something so sudden. We have been casting a net for a permanent ceo for a while. As much as I enjoyed being acting ceo, I want to focus on my own business.”
He continued, “With Ralph [Rucci], this was a situation that I responded to when he needed me. I was happy to help out.”
At various points in his career before he started his own company in 2006, Aronsson served as chairman and ceo of Donna Karan International, Marc Jacobs International and Oscar de la Renta. More recently, in 2011, he relocated to Paris to work as the acting ceo for Emanuel Ungaro, a post that wound up being a four-month arrangement. At that time, his firm took on the strategic planning for that business.
Rucci said, “Jeffry has moved the company forward into a new era; he has done a tremendous job over the last year and a half. The company is now ready to benefit from a permanent ceo to continue its expansion both domestically and internationally. We look forward to this next step in our evolution.”
Aronsson Group came into the company in a consulting role in spring 2012.
Soon off on a two-week trip to India to celebrate his 25th wedding anniversary with his wife Wendy (a year after the fact), Aronsson said he will remain in touch with the Rucci team. “I am very pleased with the experience and the preparation for the next phase,” he said. “Now it’s up to someone else. It’s time for a permanent ceo who can really devote the hours 24/7.”
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)