×
2 002
Fashion Jobs
NIKE
Purpose Marketing Manager, London
Permanent · London
NIKE
Agile Marketing Manager, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis- 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Demand Planner - The Estée Lauder Companies
Permanent · London
SHISEIDO
Bareminerals Account Manager - Boots, Edinburgh Gyle (30 Hours)
Permanent · Edinburgh
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols Manchester (37.5 Hours)
Permanent · Stretford
SHISEIDO
Bareminerals - Account Manager (30 Hours)
Permanent · Edinburgh
V. F. CORPORATION
Manager, Strategic Accounts - Dickies Emea
Permanent · LONDON
VANS
Credit Controller - Spanish Speaking - Vans
Permanent · CALVERTON
VF INTERNATIONAL
Multilingual Credit Controller - Key Accounts (English Plus Any European Language)
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Location - 15Hours / 3 Days - Part-Time, Permanent
Permanent · Exeter
ESTÉE LAUDER
Clinique - Consultant - Sutton Coldfield, Beatties - 15 Hours - Part-Time, Permanent
Permanent · The Royal Town of Sutton Coldfield
ESTÉE LAUDER
Clinique - Consultant - Leicester, Boots - Fosse Park - 15 Hours - Part-Time, Permanent
Permanent · Leicester
YVES SAINT LAURENT UK LIMITED
Saint Laurent HR Manager UK, Ireland & Netherlands
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hof Bluewater (35 Hours)
Permanent · Dartford
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols, Edinburgh
Permanent · Edinburgh
ESTÉE LAUDER
Origins - Online Trading Manager - Brand Site
Permanent · London
ESTÉE LAUDER
Multi Brand - Multi Brand Business Manager - House of Fraser, Rushden Lakes - 37.5 Hours - Full-Time - Permanent
Permanent · Rushden
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 36 Hours - Full Time - Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Leeds, Trinity - Boots - 26 Hours - Part-Time, Permanent
Permanent · Leeds
ESTÉE LAUDER
Clinique - Consultant - Halifax, Harveys - 15 Hours - Part-Time, Permanent
Permanent · Halifax
Advertisements
Published
Apr 5, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Benetton CEO Airoldi is out as Diesel's Brusò joins as COO

Published
Apr 5, 2017

Benetton Chief Executive Marco Airoldi has quit following a board meeting Wednesday with the company chief set to stand down officially on May 16, the date of the annual shareholders’ meeting.


Benetton



The fashion giant did not have any news about a direct replacement for the outgoing executive but said it had approved the appointment of Tommaso Brusò as Chief Operating Officer (COO) and granted Chairman Francesco Gori “power over core staff matters.” Analysts said Brusò is effectively coming in to take over from Airoldi and help Benetton return its business to growth in the face of intense competition at retail from fast fashion chains.

Brusò is currently CEO of Diesel USA but worked at Benetton earlier in his career in both Italy and the US. He was also US CEO for Fedon and Furla.

The company said he “will bring to Benetton Group's operations his experience in the international fashion industry, combined with a strong knowledge of Italian entrepreneurship.”

Meanwhile the shareholders' meeting next month should also see the appointment of James McArthur, who has already been co-opted onto the board since early March, as a non-executive director.

The company thanked the outgoing Airoldi, who has been with the firm since 2013 (first as a consultant then as CEO and Managing Director), saying he “contributed to the definition and subsequent launch of the company refocus and relaunch plan.”

Benetton is still controlled by the founding family and has seen a series of CEOs in the past decade-and-a-half but has struggled to find the growth it once enjoyed. It has also struggled to regain its status as a retail influencer brand even though Airoldi had overseen a major restructuring at the 5,000-store firm.

Late last year Benetton its most recent annual revenues dipped 1.2% to €1.53bn, although this was an improvement after “years of sharp contraction” in its indirect sales channel. The direct sales channel had better news with significant improvements and comparable sales rising.

The company also saw an operating profit after having made a loss in the previous year. And although it clearly has plenty of work to do, during November last year the firm hit back over reports of a crisis at the company and said press reports of massive losses were due to writedowns and other one-off items. It also denied it would sell the Sisley brand.

Copyright © 2021 FashionNetwork.com All rights reserved.