Philipp Plein Men's Spring 2018

MILAN — Philipp Plein Group has tapped Edwin Navez as its new chief financial officer and chief operating officer. He succeeded Gilles Gaucher-Cazalis, who left the company at the end of March.

Navez, over the years, gained experience in the financial sector. Most recently, he served the Gianni Versace company as adviser to chief executive officer Jonathan Akeroyd, and from December 2012 to July 2016, he held the role of vice president of finance at Michael Kors Europe.

This is the latest high-profile appointment made by the fast-growing Swiss fashion company, which currently controls the Philipp Plein, Plein Sport and Billionaire Couture brands.

Most recently, Philipp Plein Group tapped Roberto Magnani as director of international development.

The group operates 151 monobrand stores globally, including flagships in Milan, Paris, New York, Los Angeles and Hong Kong. As part of an aggressive retail push, an additional 32 store openings are also in the pipeline, in locations including London, Prague, Johannesburg, Shanghai, Macau, Moscow and Dubai.

According to the company, the group expects to post revenues of more than 300 million euros this year.

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