Chloé CEO exits
31 August 2010 09:25
Chloé chairman and CEO Ralph Toledano has left the brand. Mr Toledano has worked for Chloé since 1999, a tenure that included designers Stella McCartney and Phoebe Philo. Mr Toledano's shock exit is rumoured to be at the behest of his new boss Marty Wikstrom, who heads up Richemont's fashion and accessories business, the group that oversees Chloé, Azzedine Alaia and Shanghai Tang.
Ex-Liberty CEO Geoffroy de la Bourdonnaye has been appointed to replace Mr Toledano.
"Geoffroy brings to Chloé a depth of operational experience from sales, marketing and general management across relevant industries from fashion and retail to consumer goods and entertainment amongst top global brands," said Mr Wikstrom. "He is a seasoned leader with a proven track record of delivering performance and growth in highly creative environments. We all look forward to welcoming Geoffroy on board."
He added: "Richemont would like to thank Ralph for his tireless work to ensure Chloé's position as a global leader in women's ready-to-wear and wish him every success in the future."
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