Power Moves Of The Week

As the fashion industry continues to become increasingly competitive, brands are constantly reviewing their senior management. Below, we round-up the most important power moves of the week.

Alexander Wang CEO Exits
After only a year at the helm of the brand, Lisa Gersh will be exiting American brand, Alexander Wang. The namesake designer will assume Gersh’s duties with the help of the senior management team, until the company finds a new CEO.

Smythson Hire New Chief Executive
Previously serving as chief commercial officer at Smythson, Xavier Rougeaux left the company to fulfil senior roles at Loro Piana, Valextra and Sergio Rossi. Rougeaux has re-joined the company this week and has been named chief executive, effective immediately.

Founder of Deciem Leaves Position
A Superior Court has removed Brandon Truaxe from his position of CEO at Deciem. Founded five years ago, Estee Lauder Companies own 28% of the company and applied for an injunction to remove Truaxe after he ordered the company to shut down via an Instagram post.

Harrods Introduce New Role
For the first time ever, Harrods have hired an editor-in-chief, Tiffanie Darke. Previously in the same role at The Sunday Times’ Style magazine, Darke joined the retailer from A+E Networks, where she held the role of editor-in-chief of its History, Biography and A&E channels.

Ganni Appoint New CEO
Andrea Baldo has been appointed as the new chief executive of Ganni, after succeeding founder Nicolaj Reffstup. Baldo previously held roles as the chief executive of Coccinelle, as well as senior management positions at Marni, Maison Margiela and Diesel.