In the midst of the economy’s collapse, 2008 welcomed in some new faces — or at least new to their companies — into chief executive officer suites.
Since taking new posts in the last six months, these executives have been familiarizing themselves with the state of their firms and stand poised to unfold their complete business plans in early 2009.
Here are a few to watch:
• Jill Granoff, chief executive officer of Kenneth Cole Productions Inc.: Granoff left Liz Claiborne Inc. as executive vice president of direct brands to become ceo of Kenneth Cole in May. With a strong background in retail — with Juicy Couture and Lucky Brand while at Claiborne, and Victoria’s Secret before that — Granoff has said she sees growth opportunities in Kenneth Cole’s retail and e-commerce sides, which could help grow the company to a $1 billion brand. As the first ceo other than Cole himself, Granoff will likely unveil her plans in January, about eight months after she assumed the role.
• Michael Kramer, ceo of Kellwood Co.: Kramer, the former chief financial officer of Abercrombie & Fitch, took the top spot at Kellwood around August. Sun Capital Partners Inc. chose him to replace Robert C. Skinner Jr. at the $1 billion vendor, about six months after the private equity company privatized the St. Louis-based business. Kramer already unveiled some of his plans, including putting Hollywould up for sale in October, but further changes and consolidation are expected early in the new year.
• Robert C. Skinner Jr., ceo of Lacoste: After Skinner left Kellwood in July, he was named to the top post at Lacoste USA in September, replacing Robert Siegel, who is retiring at the end of the year after seven years at the French brand. After meeting with Lacoste’s New York and Paris teams since October, Skinner is expected to unveil his plans in early January. They will likely include growth paths for the firm’s women’s business, which currently makes up just a third of the company’s sales, but he has said it could equal its men’s business.
All of these executives have had their learning curves steepened by the challenging economy, and their plans will undoubtedly include recession-minded cost cuts and moderated growth rollouts.
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion
Eighty degree temperatures and outdoor installations at the annual Art Basel Miami Beach called for bright, elevated beachwear. See more street style pictures on WWD.com. #theyarewearing #ABMB (📷: @lifeinreverie)
Following September’s emotional tribute to her brother Gianni, Donatella Versace wanted to bring the spring show’s deep sense of intimacy to her @versace_official pre-fall collection. Donatella found inspiration in Versace Palazzo in Milan and from Gianni’s opulent apartment. Archival patterns and new motifs were splashed on silk shirtdresses and fitted jersey frocks. See the rest of the photos on WWD.com. #wwdfashion
Demna Gvasalia continues to shake up the Paris fashion calendar — and experiment with new runway timetables for his @vetements_official brand. WWD has learned that Vetements plans to stage its next coed show for the fall 2018 season on January 19 during Men’s Fashion Week in the French capital. Details about the timing and venue have not been confirmed — stay tuned on WWD.com to catch the latest. #wwdnews (📷: @giovanni_giannoni_photo)
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)