LONDON — Bruno Massa, managing director of Daks, the British fashion and tailored clothing brand, has stepped down from his post, according to an industry source.
Massa had been with the company for three years and jump-started its turnaround. He was also instrumental in hiring Giles Deacon last year to design the luxury women’s collection that shows on the Milan runways.
The source said Anthony Wilson, Daks’ finance director who had worked closely with Massa, has also stepped down.
Naruki Shinke has replaced Massa as managing director. Although Daks’ roots are in Britain, the company is owned by Japan’s Sankyo Seiko Group, which launched the women’s luxury collection two years ago.
Daks’ retail sales are about 500 million pounds, or $1 billion, the majority of which are in Asia.