Cristiano Quieti has exited the top post at John Varvatos, WWD has learned.
Quieti resigned his role as chief executive officer of Diesel USA to become president and ceo of John Varvatos Enterprises in February 2013. He spent 18 years at Diesel building the brand globally before making the jump.
He joined Varvatos shortly after Lion Capital took a majority stake in the business and made clear its plans to rapidly grow the label.
On Wednesday, John Varvatos confirmed his departure and said the decision for him to leave was “mutual.” He is expected to be replaced, but there is no time frame has been determined, according to a spokesman.
According to John Varvatos, chairman, president and chief creative officer: “I’d like to thank Cristiano for his passion and dedication over these last few years. He has been very supportive of the John Varvatos brand and we wish him all the best in his future endeavors. This is a new chapter for us and we look forward to our continued growth.”
He declined further comment.
Since Lion Capital acquired its stake in the brand from VF Corp. in 2012, the company has been in expansion mode both in the U.S. and overseas. In August, it opened its 23rd retail store in San Diego, it has revamped its Web site and expanded its assortment of shoes ad accessories. The brand has reported sales of more than $250 million.