PVH Corp. announced on Wednesday the appointment of Patricia Gabriel to the role of chief supply chain officer and global head of operations as the owner of Calvin Klein and Tommy Hilfiger reshuffles its leadership.
Patricia Gabriel – PVH Corp.
Gabriel will succeed David Savman, who will now focus on his role as global brand president, Calvin Klein. She will join the New York-based company in the fourth quarter and report directly to Stefan Larsson, CEO of PVH Corp, based out of its New York City office.
In her new role, Gabriel will oversee the fashion firm’s global operations from product to consumer, working closely with brands, regions and functions to drive PVH’s operations.
“In Calvin Klein and Tommy Hilfiger, PVH has two of the most iconic and globally beloved brands, and I’m incredibly excited to join at this important moment in the company’s growth journey,” said Gabriel. “Operational excellence and supply chain optimization will be true competitive advantages that fuel growth and innovation.”
A supply and operations veteran more than 25 years of experience leading supply, manufacturing and logistics, Gabriel joins PVH from Capri Holdings, where she most recently served as chief supply chain officer for Michael Kors, Jimmy Choo, and Versace. Prior to Capri, the executive has worked at Mondelez International and AB InBev, in various role leading supply chain optimization, omnichannel fulfillment and network design across Europe, North America, Latin America and Asia.
“Patricia is a consumer-focused supply chain and operations leader with a strong track record of fueling growth through consumer-centric operational excellence,” said Stefan Larsson, CEO of PVH Corp.
“As we execute our multi-year journey to build Calvin Klein and Tommy Hilfiger into the most desirable lifestyle brands in the world, Patricia’s deep expertise and proven ability to unlock value through demand- and data-driven solutions will create new opportunities to further accelerate our PVH+ Plan progress.”
In its most recent trading update, PVH said Calvin Klein brand revenue for the quarter ended Aug. 3 rose 5% from a year earlier to $980 million, surpassing estimates. Tommy Hilfiger revenue climbed 4% to $1.1 billion for the period — also better than expected.
Sales growth was strongest in the Americas region, surging 11%. In the region that includes Europe, PVH’s most important market, sales rose 3%. Asia Pacific revenue fell 1%, with PVH citing “a challenging consumer environment” in China and the region.
The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.
Reuters
Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.
The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.
Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.
“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.
Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
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Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.
Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm.
In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.
Matteo Calonaci – Burberry
Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.
Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.
JohnattanLeon – Burberry
Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.
Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.
Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”
The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.
An eclectic mix of jewels from the collection – Puneet Gupta
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.