GROWING TEAM: Rag & Bone is expanding its senior management team, appointing Lydia Forstmann as chief commercial officer. In her newly created role, Forstmann will be responsible for leading wholesale, retail, merchandising and business development for the company globally, reporting directly to co-ceos David Neville and Marcus Wainwright.
Forstmann joins the company from Tory Burch, where she had been since 2008; most recently, she was the company’s executive vice president of the Americas for wholesale and licensing. Prior to Tory Burch, Forstmann spent three years at Coach. “I am honored to work with Marcus, David and such a talented team to continue to develop the brand with both domestic and international consumers,” she said.
Wainwright praised Forstmann’s understanding of the importance of maintaining the brand’s integrity as it expands. “[Lydia’s] background with both entrepreneurial and larger companies, plus her experience in Asian markets, European regions and in North America, makes her a valuable member of our senior management team during this critical time of growth for us,” added Neville.