CHANGING CHAIRS: There's been a top management shakeup at Groupe Galeries Lafayette. The company said Wednesday that Philippe Lemoine, formerly co-president of the firm with Philippe Houze, has become president and chief executive...
CHANGING CHAIRS: There's been a top management shakeup at Groupe Galeries Lafayette. The company said Wednesday that Philippe Lemoine, formerly co-president of the firm with Philippe Houze, has become president and chief executive officer of Laser/Cofinoga, Galeries Lafayette's consumer credit division. Houze will act as Galeries' sole president going forward. Both Lemoine and Houze married into the Moulin family, which, in March, teamed with French bank BNP Paribas to buy out the Meyer family's 29.5 percent stake in Galeries. A second public offer for remaining shares will be followed by the delisting of the company in June, according to a company statement. The Moulins and BNP Paribas now jointly control 96.51 percent of Galeries Lafayette's capital and 98.36 percent of its voting rights.
WARNACO SWIM ADD: Warnaco Group will now be making and distributing Calvin Klein Swimwear in North America and will launch the line in July at the Cruise 2006 Swim Show in Miami. The line had been made by New York-based Swimwear Anywhere. Warnaco makes a number of other categories for Calvin Klein, including intimate apparel and jeans, as well as intimate apparel and swimwear under the Choice Calvin Klein label.
GRAFF NAMES CASLIN: British fine jeweler Graff has appointed Colleen Caslin as chief operating officer of Graff USA. Caslin succeeds Shawn Sullivan and will report to Graff president and chief executive officer Henri Barguirdjian. Sullivan, who was brought on in August 2004 to assist Barguirdjian with U.S. expansion while conducting a search for a chief operating officer, will take on a new role in senior management. Caslin most recently served as chief operating officer for jewelers Seaman Schepps and Trianon.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)