Tag Archives: luxury fashion brand boards

ILN Today Post

Cut from the right cloth?

Recent board moves have reignited the discussion in relation to the composition of luxury fashion brand boards. In June of this year, Alexander Wang, Creative Director of the eponymous label he launched in 2005, added the roles of Chief Executive and Chairman to his list of responsibilities. Meanwhile, just a few weeks later, Burberry moved in the opposite direction, when it announced that Christopher Bailey, its Chief Executive Officer, was to hand over control of the company’s day-to-day management as part of a board overhaul prompted by criticism from investors. Luxury goods veteran Marco Gobbetti is to take over from Bailey as Chief Executive, whilst Bailey will become President, alongside his existing role of Chief Creative Officer.

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