After a 24-year run, Tom Ott is about to bid adieu to Saks Fifth Avenue. In the latest restructuring at the luxury department store, Ott, senior merchant of Saks Off 5th, will be leaving the company on Aug. 30. Ott’s position will be split between two other employees who are also longtime Saks Off 5th executives. Christine Merrick, formerly vice president and divisional merchandise manager of shoes and handbags for Off 5th, has been elevated to senior vice president and general merchandise manager of men’s, kids, shoes and handbags. Allison Ross, formerly vice president and dmm of women’s contemporary for Off 5th, has been named senior vice president and gmm of women’s, accessories, beauty and home. Both will report to Marc Metrick, president of Saks Fifth Avenue, who oversees the Off 5th off-price chain, which operates over 100 stores in the U.S. and Canada. “Tom has had a meaningful impact on the business in his 24-year career with the company, from his significant leadership in men’s to his more recent role at Saks Off 5th, we are grateful for his contributions,” Metrick said. “At Saks Off 5th, we continue our strategy to evolve the business to be more of a true off-price player and
Valérie Hermann, president of global brands at Ralph Lauren Corp., is leaving the firm, effective Sept. 30.
A talented and experienced executive, Hermann had been in that role for nearly three years, having previously been Lauren’s global brand president of Luxury, Women’s Collections and World of Accessories. Hermann joined Ralph Lauren in 2014 as president of Ralph Lauren Luxury Collections, overseeing Black Label, Purple Label, fine jewelry, eyewear, timepieces, handbags, RRL and fragrance. In her most recent role, Hermann had responsibility for all Lauren’s global brands, overseeing Ralph Lauren, Polo Ralph Lauren, Lauren, Chaps and Home.
According to a company statement, “Valérie Hermann has made the decision to step down from her role. We had an open dialogue about this, and together agreed to transition the team she has successfully put in place to drive our brand strategy forward. Valérie has made a valuable impact on our business, strengthening our luxury capabilities and playing a critical role in our brand elevation strategy.”
Ralph Lauren, chairman and chief creative officer, said, “Valérie is a talented leader who has made many valuable contributions to our company. Those contributions came not only from her great experience and professionalism, but from her heart and her very special
John Hardie will step down as CEO of ITN at the end of the year. ITN is one of the main broadcast news producers in the U.K. and also has a separate production arm that majors in factual and fast-turnaround documentary programming. Hardie has been at ITN for nine years, returning the business to profitability […]
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Carlo Alberto Beretta, chief client and marketing officer at Kering, is leaving the French group, WWD has learned.
It is understood Beretta is exiting the role for personal reasons. He took up the post, a new one, in September 2016, when Claus Dietrich Lahrs succeeded him as chief executive officer of Bottega Veneta.
Beretta, who was also on group’s executive committee, was charged with monitoring the equity of the brands in the group’s portfolio; establishing “a comprehensive, measurable and profitable customer culture” for each of them; and speeding the development of the group’s omnichannel capabilities.
Kering’s portfolio includes Gucci, Yves Saint Laurent, Balenciaga, Stella McCartney, Alexander McQueen, Boucheron, Brioni and Puma.
Beretta started his career in 1993 at the Italian department store La Rinascente as senior buyer. He spent over seven years there, winding up as merchandising manager for men’s wear. He was then appointed men’s wear brand manager at Valentino. In 2003 he joined the Ermenegildo Zegna group, working 11 years, eventually rising to retail development director. He was appointed ceo of Bottega Veneta in January 2015.
And Westeros has lost its biggest weasel. (Warning, spoilers for Game of Thrones’ season seven finale ahead. Head North and hit the little x if you don’t want to be…
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President Donald Trump isn’t letting Arnold Schwarzenegger have the last word. After the “New Celebrity Apprentice” host said in an interview published Friday that he would “decline” to do the show again if asked, and blamed Trump for the show’s poor ratings, the president retaliated Saturday morning by saying Schwarzenegger “was fired.” “Arnold Schwarzenegger isn’t voluntarily… Read more »
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Brian Robbins, co-founder and CEO of teen-skewing digital network AwesomenessTV, is leaving the company. His resignation, which Robbins announced in a memo to staffers Wednesday, comes after Comcast completed its acquisition of DreamWorks Animation, which owns a majority stake in AwesomenessTV. “The time is right for me to pass the baton and seek new challenges,”… Read more »
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