Management
Ralph Lauren Corp.’s Chief Executive Officer Stefan Larsson is leaving the company after a clash with the brand’s namesake and founder, Ralph Lauren. Larsson’s departure comes after a disagreement about how to reinvigorate the 50-year-old brand, which has been a preppy style staple. Ralph Lauren, who remained the company’s executive chairman and chief creative officer…
Did you know that companies with leaders who are united under a singular vision, purpose and aspiration develop more effective succession pipelines and, thus, drive business growth? Well, it's true, at least according to a new study from human resources consultancy Aon Hewitt called "People Fuel Growth." The study surveyed chief human resource officers from more than…
"Retailers will only survive if their business creates shared value that benefits shareholders and society."
Ritani, a designer and manufacturer of engagement rings and fine jewelry with a vertically integrated, omnichannel sales model, last week announced the hiring of Deborah Fine as its chief executive officer. Fine comes to Ritani with two decades of experience leading lifestyle businesses to record growth and profit through all stages of the enterprise life…
Luxury Brand Holdings, parent company of Ross-Simons and Sidney Thomas, announced last week that it has hired former Brookstone CEO James Speltz as its new president. His plans include boosting Sidney Thomas’ e-commerce capabilities, and having the company sell on Amazon.com. “There are many different growth opportunities on the table,” Speltz said in a company press release.…
For this week's coverage of Total Retail's first annual Salary Benchmark Report, we identify the job benefits that retail executives — CEOs/presidents/founders; chief marketing officers; C-level execs other than CEOs and CMOs; and vice presidents — want but don't get. In addition to base salary and financial perks (e.g., stock options, profit sharing), benefits are…
Stein Mart, Inc. announced this week the appointment of MaryAnne Morin as president of the company, with responsibility over merchandising and marketing. In addition to merchandising and marketing, Morin will be responsible for Stein Mart's planning, advertising and e-commerce organizations when she assumes her new position on Feb. 6. She has extensive merchandising experience, most…
Former Lane Bryant and Catherines CEO Linda Heasley has landed herself a new job at HoneyBaked Ham. Heasley was in her previous role for just four months before resigning and becoming CEO of HoneyBaked Ham. Heasley’s abrupt exit from the plus-size apparel chains — both owned by Ascenca Retail Group — caught many by surprise. Ascena lured…
As a part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we take a look at how the size of the company that you work for (measured by annual revenue) affects your salary. The first annual Salary Benchmark Report was produced after an online survey was sent to Total Retail’s audience over a…
As part of our continuing coverage of Total Retail’s Salary Benchmark Report, this week we're taking a look at how retail professionals’ salaries differ depending on what geographic location they work in. As a reminder, the Salary Benchmark Report was produced after an online survey was sent to Total Retail’s audience over a two-week period in…