Richemont Group confirmed yesterday that Marty Wikstrom is resigning as chief executive of its fashion and accessories businesses, the group’s division with the slowest growth and average performance in the past 5 years. Richemont did not give any indication whether she would be replaced in the role and gave no reason for her departure. Wikstrom had been overseeing the development of brands including Alfred Dunhill, Azzedine Alaia, Chloe and Lancel.
Wikstrom’s resignation follows other management changes at the executive level of the Richemont Group – earlier this month, Richemont appointed new chief executives to two of its brands, naming Jerome Lambert as head of Montblanc (based in Hamburg) and Daniel Riedo at the Jaeger-LeCoultre watch manufacturer. Jerome Lambert is the former CEO of Jaeger-LeCoultre.
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