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Shuffle Board: J.Crew’s New CEO Takes the Wheel, J.C. Penney CFO Resigns

C&A Europe

COFRA Holding named Alain Caparros as the new CEO for its C&A Europe retail business, effective Aug. 1. Caparros joins C&A Europe from European food retailer REWE-GROUP, where he has been CEO since 2006. His resume also includes previous leadership roles at Aldi and Bon Appetit Group. He will succeed current CEO Philippe Brenninkmeijer, who resigned from his post in May.

J.C. Penney

EVP and CFO Edward Record stepped down from his role to pursue other career interests. Record will remain with the company in an advisory capacity until Aug. 7 to assist with the leadership transition.  SVP and chief accounting officer Andrew Drexler will serve as interim CFO while the company searches for Record’s successor.


Lanvin tapped fashion veteran Olivier Lapidus as its new artistic director. Lapidus, who recently founded his own e-couture house, Creation Olivier Lapidus, has worked on several capsule collections for many industry partners. In his new role, Lapidus will oversee Lanvin’s brand revamping initiatives, which involves streamlining operating costs and boosting revenue. He succeeds former artistic director Bouchra Jarrar, who exited the company last week.

Neiman Marcus

Neiman Marcus CISO Sarah Hendrickson has left her post to pursue other career opportunities. Hendrickson joined Neiman Marcus in 2014 and served as the company’s first chief information security officer. Neiman Marcus has not determined a successor yet.


HBC provided an update on a key executive role. Paul Beesley, HBC’s chief financial officer, will remain in his current role until the company concludes its CFO search.

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Clarks announced several changes to its executive fleet.

The U.K.-based shoe retailer tapped Jack Quinlan as its new Asia-Pacific regional president, and Ben Fletcher was hired as the company’s new managing director for the European region.

Quinlan joins Clarks from Fossil, where he served as the company’s Asia-Pacific SVP. Fletcher also brings in several years of retail experience, recently serving as Boots Opticians managing director. Quinlan, who’s resume also includes a 10-year stint at Nike, will join the company in August. Fletcher currently serves as a non-executive director at the British Retail Consortium.

Clarks also appointed three new board members. Tanya Cordrey and Tobias Zimmerer will serve as independent non-executive directors, while Clarks incoming CFO Paul Kenyon will join the board as an executive director.


James Brett officially took the wheel as J.Crew’s CEO this week. The retailer recently revised its loan status, which will enable Brett to focus on operational improvements over the next few years. He succeeds former CEO Millard “Mickey” Drexler, who remains on J.Crew’s board as a chairman.

[Read More on J. Crew: Mikey Drexler Steps Down as J. Crew CEO]

Dick’s Sporting Goods

Dick’s Sporting Goods hired Scott Hudler as its new SVP and chief marketing officer. In his new role, Hudler will oversee the company’s marketing and consumer engagement initiatives. Hudler will report to Lauren Hobart, who serves as the president of Dick’s Sporting Goods.

Avery Dennison

Avery Dennison named Gregory S. Lovins as its new SVP and chief financial officer. In his new role, Lovins will manage the company’s financial operations and information technology group. Lovins has served as Avery Dennison’s VP and interim chief financial officer since March. He also holds another executive role in the company as treasurer, which he resumed last year.


Marco Raab was appointed as Escada’s new global VP of marketing and communications, effective Aug. 15. In his new role, Raab will oversee the Munich fashion house’s marketing and communication efforts. He joins Escada from a ten-year tenure at Red Bull GmbH, where he recently served as the company’s global marketing manager for special projects.


Millennial fashion retailer Missguided lost a key executive this week.

The company’s CFO, Paul Masters, has departed from the company. Masters joined Missguided in 2015, where he contributed to the company’s extensive financial growth over the past two years. It is unclear why Masters left his post and the company has not provided comment.


Caleres appointed Malcolm Robinson as president of the new Men’s and International division. In his new role, Robinson will manage strategic growth efforts for Caleres’ men’s bands and expand the company’s global footprint. Robinson joins Caleres from One Jeanswear Group-William Rast Division, where he served as the company’s EVP and oversaw all in-store marketing and sales strategy. His resume includes previous stints at Gant Corporation, Maidenform Brands, Phillips Van Heusen and Tommie Copper.


Turkish denim manufacturer Isko promoted global marketing director Marco Lucietti to the role of senior advisor. In his previous role, Lucietti was responsible for Isko’s worldwide business-to-business marketing activity and building global partnerships.

With this shakeup, Isko is also changing the name of its B2B marketing department to global B2B Marketing and Business Development. The company is currently conducting a search for Lucietti’s successor.


Performance fabrics company Crypton hired Matt Targett as its new VP of marketing. Targett joins Crypton after a seven-year tenure at La-Z-Boy, Inc., where he served as the company’s VP of digital customer experience. In his new role, Targett will oversee all aspects of the company’s marketing strategy and building partnership relationships. He will report to Crypton CEO Lance Keziah.

Tiffany & Co.

Tiffany & Co. appointed Alessandro Bogliolo as its new CEO, effective Oct. 2. Bogliolo joins Tiffany & Co. from Diesel SpA, where he served as CEO and led the company’s branding and customer experience efforts. As a luxury veteran, Bogliolo has also held other leadership roles, including chief operating officer and EVP, jewelry, watches & accessories of Bulgari SpA.


Wolford CEO Ashish Sensarma is stepping down from his role on July 31. He will remain at the company in an advisory capacity to oversee a smooth transition, while Wolford deputy chief executive Axel Dreher will take over as the new CEO.