NEW YORK — Chanel Inc. has confirmed the appointment of Maureen Chiquet as its president-elect, finding an eventual successor to Arie L. Kopelman from the unlikely ranks of Gap Inc.

Chiquet, a 14-year veteran of Gap who became president of its Banana Republic division in August, was named to succeed Kopelman as president and chief operating officer, but not officially until he relinquishes his operating duties in January 2005 to become vice chairman of Chanel’s board. In the interim, she will move to Paris for a year to study the Chanel SA corporate culture, before returning to the U.S. subsidiary Chanel Inc. next fall, Kopelman said.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus