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LONDON — Christopher Colfer has stepped down as chief executive officer of Alfred Dunhill to take up a group role at Compagnie Financière Richemont.
Colfer served as Dunhill’s ceo for seven years, and the company said he was responsible for the brand’s “exponential growth” and commercial development.
Richemont said it would name his successor in the coming weeks.
In the 2011-12 fiscal year, Dunhill was one of the top performers in Richemont’s growing fashion and accessories division. Overall sales in fashion and accessories grew 18 percent in the year ended March 31.
Colfer succeeded Simon Critchell in 2005, taking over at a time when Dunhill, one of the group’s largest brands, was struggling to carve out a stronger design image in men’s wear and accessories.
Colfer was formerly a marketing executive at the group who had also been overseeing Richemont’s venture capital and development investments.