CHANGE AT FARHI: Niki Scordi has resigned as chief executive officer of Nicole Farhi. “We want to thank Niki for her significant contribution to the business, and wish her every success,” said Sion Kearsey, managing partner of Kelso Place Asset Management LLP, which bought a majority stake in the Farhi business in January. Scordi, who was with the company for four years, helped to launch new store concepts, international franchises and new product ranges. Kelso Place acquired its stake from OpenGate Capital, the Los Angeles-based private equity firm, which had originally bought the Nicole Farhi business from French Connection Group Plc in early 2010.

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