A series of major executive changes have taken place in the fashion retail sector, reflecting a dynamic industry landscape.
- Gerry Sweeney steps down as CFO of Quiz after eight years, marking a significant transition for the company.
- Julie Gilhart is set to depart from Mulberry’s board, ending her nearly decade-long tenure as non-executive director.
- Amid challenging times, Gucci appoints Stefano Cantino as its new CEO, effective January 2025.
- Nish Kankiwala of the John Lewis Partnership transitions to a non-executive role, bringing his experience to the board as an advisor.
This week has witnessed numerous significant movements in the fashion retail industry, underscoring the constant evolution of leadership roles in this vibrant sector.
Gerry Sweeney is stepping down as the Chief Financial Officer of Quiz after dedicating eight years to the company. The departure of Sweeney represents a major shift for Quiz, a company that he has supported through years of financial strategy and growth.
Mulberry announced that Julie Gilhart, a key figure on its board, will be leaving after nearly ten years as a non-executive director. Gilhart’s experience and insights have been invaluable to Mulberry during her tenure, guiding the company through pivotal moments and strategic decisions.
In a move that underscores the current challenges within the luxury sector, Gucci has named Stefano Cantino, former deputy CEO, to be its new CEO starting January 2025. The appointment is seen as part of Gucci’s efforts to navigate a challenging market environment and steer the brand towards renewed growth and innovation.
Nish Kankiwala, who has served as the Chief Executive Officer of the John Lewis Partnership, will now take on a non-executive role. In this capacity, Kankiwala will provide his expertise and guidance to the board, contributing strategically to the company’s future direction.
Meanwhile, Matalan sees Jo Whitfield stepping down as CEO after 18 months at the helm. Whitfield’s decision to pursue a portfolio career marks another notable exit, as Matalan continues its transformation journey amidst a rapidly changing retail landscape.
These executive changes highlight the shifting dynamics and strategic realignments within the fashion retail industry.
