Fear of God
Recently, the American high-end streetwear brand Fear of God announced the appointment of Bastien Daguzan, former Managing Director of Jacquemus, as its new CEO. Daguzan replaces Alfred Chang, who had been in the role since 2023 and will be based in Los Angeles, USA.
Under the leadership of the new CEO, Fear of God plans to accelerate its development, focusing on international expansion, enhancing the online shopping experience, and increasing brand awareness.
Bastien Daguzan studied design and luxury at the French Fashion Institute and holds a degree in international business law from Sorbonne University. He began his fashion career in 2008 at Kris Van Assche, where he worked as a sales and development director for five years. In 2013, he became the Managing Director of the designer brand Lemaire, during which the brand’s sales grew from €2 million to €10 million in three years (2015-2017).
In March 2017, Daguzan joined the Spanish fragrance and fashion group Puig, taking over as head of the Paco Rabanne fashion division. During his tenure, he helped Paco Rabanne achieve triple-digit revenue growth and quadrupled the number of multi-brand retailers. He also played an active role in launching the first Pacollection fragrance line.
In 2022, Daguzan joined the French designer brand Jacquemus as its first external Managing Director, leading the brand to exponential growth.
Clarks
Recently, British century-old footwear brand Clarks announced that former CEO Victor Herrero has joined a special committee led by Clarks Chairman Colin Li, aimed at assisting with the company’s daily operations. At the same time, Clarks is actively seeking a new CEO.
Victor Herrero, who served as Clarks CEO from February 2021 and resigned nine months later, was succeeded by Jon Ram. In May this year, Jon Ram stepped down as CEO, and Clarks’ chairman Colin Li and other board members established a steering committee to lead the company’s operations. Additionally, former Managing Director Joe Ulloa has returned to Clarks as an advisor.
Besides Jon Ram, several other senior executives have recently left or are set to leave, including Chief Marketing Officer Tara McRae, Senior Vice President of Commerce Willem van Rensburg, UK, Ireland, and EMEA Retail Director Nick Hayward, UK and Ireland Merchandise Planning Director Janine Carew, Global Children’s and Accessories Director Rosie McKissock, and Global Corporate Affairs and Sustainability Director Julian Hargood. Among them, Tara McRae has joined German sports brand Puma as Senior Vice President of Marketing and Brand Strategy for North America.
Fossil
Recently, American fashion watch and accessories brand Fossil appointed Franco Fogliato as its CEO and board member, succeeding interim CEO Jeffrey Boyer. This appointment took effect on September 18. Following Fogliato’s appointment, Jeffrey Boyer will return to his role as Chief Operating Officer and step down from the board.
Franco Fogliato is a veteran in the sports apparel and accessories industry, most recently serving as President and CEO of Salomon, a sportswear brand under Amer Sports. Prior to joining Salomon, he worked for eight years at Columbia Sportswear Company as Executive Vice President of Global Omni-Channel. Earlier, Fogliato was CEO of Europe at Nixon, owned by Billabong Group, for eight years, and he also held executive positions at The North Face under VF Corporation.
This appointment follows Kosta Kartsotis’ resignation as CEO of Fossil, which came after disappointing financial results, including a 15.6% drop in Q4 2023 sales to $421.3 million. Fossil’s annual net sales also fell from $1.7 billion to $1.4 billion.
Mango
As part of its 2024-2026 strategic plan, Spanish fashion company Mango continues its management reshuffle with the recent appointment of Marlies Hersbach as Executive Director of E-commerce. In her new role, Hersbach will be responsible for formulating, guiding, and implementing Mango’s digital strategy, reporting to Elena Carasso, Director of Digital and Customer Relations.
Marlies Hersbach joined the Catalan brand in 2022 as International Retail Director. Previously, she held e-commerce management positions at several companies, including Kiabi and Pimkie.
Mango plans to expand its digital channels to 12 new markets, including Angola, Belize, Brunei, Gabon, Gambia, Equatorial Guinea, Honduras, Laos, Mongolia, New Zealand, Papua New Guinea, and Togo.
Previously, Mango announced the appointment of Doris Casares as Director of External Communications, Institutional Relations, and Public Affairs, to implement its development plan and strengthen its product capabilities through technology development, data management, and operational excellence.
In 2023, Mango’s online store revenue exceeded €1 billion, accounting for 33% of the group’s sales. Mango aims to reach record-breaking revenue of €4 billion by 2026. In the first half of this fiscal year, Mango achieved revenue of €1.543 billion, a 6.3% increase compared to the same period last year.
Pacsun
Recently, California-based teen fashion retailer Pacsun announced the appointment of Aina Konold as its new Chief Financial Officer. In her new role, she will oversee the company’s finance, accounting, and real estate teams, reporting directly to CEO Brie Olson, who took on the role last year.
Aina Konold most recently worked at leading home fitness equipment brand BowFlex Inc., where she served as CFO since December 2019. Before joining BowFlex, Konold spent over 11 years at Gap Inc., where she held positions such as Vice President and CFO of Gap Inc. China and Senior Director of Real Estate Strategy and Finance for Old Navy.
Ksubi
Recently, Australian streetwear brand Ksubi announced the appointment of Pip Edwards as its new Creative Director, as part of its growth strategy. In her new role, she will be responsible for the brand’s creative direction with a global mindset, focusing on design, brand image, trend forecasting, and innovation. Her first task will be attending the opening ceremony of the brand’s flagship store in Soho, New York, its largest market.
Craig King (left), Pip Edwards (right)
Pip Edwards began her fashion career in the early 2000s and has worked in design, marketing, and brand strategy. Known as one of Australia’s hottest designers and brand experts, Edwards has played an instrumental role in shaping brand identity and appeal. This marks Edwards’ return to Ksubi, as she previously worked for the brand before moving on to Sass and Bide and General Pants Co., and later co-founding PE Nation.
| Sources: Brand/Corporate websites, Executive LinkedIn profiles, Apparel Resources, Retailgazette.co.uk
| Image Credit: Brand/Corporate websites, Executive LinkedIn profiles
| Editor: LeZhi
