Retail News: New Faces Behind Major Brands
Tailored Brands
Tailored Brands, a leader in omnichannel specialty retail, has taken a significant step forward by appointing **John Tighe as its new Chief Executive Officer** effective August 5. Tighe, having made waves as the president of the parent company to Men’s Wearhouse and Jos. A. Bank Clothiers, steps into this pivotal role as Peter Sachse transitions to executive chairman next month. With a background that includes tenure as president of Peerless Clothing and vital roles at J.C. Penney, including chief merchant, Tighe’s vision promises to enhance Tailored Brands’ market presence further. His journey with the company began in May 2023 as Executive Vice President and Chief Customer Officer, leading to his promotion to president in March 2022.
Pendleton
In a groundbreaking move for **Pendleton Woolen Mills**, the Portland-based brand has named **Jennifer Ingraffea as CEO**, marking a historic moment as she becomes the **first female executive** to lead the esteemed **162-year-old company**. Ingraffea succeeds John Bishop, who will remain involved until July to facilitate a smooth transition before taking on the role of chairman of the board. With her background at Nike, she brings a fresh perspective to this iconic brand, known for its rich heritage and craftsmanship.
Exciting Developments in Luxury and Fashion
Kering
Kering, the renowned luxury conglomerate, has officially appointed **Luca de Meo as its new CEO**. This decision, sanctioned by the board chaired by François-Henri Pinault, signals a strategic evolution in governance for the group, as the positions of chairman and CEO are now distinct. This change paves the way for a more focused leadership structure that aims to strengthen Kering’s standing in the competitive luxury market. For those looking to delve deeper into Kering’s sustainability initiatives, check out this [Marie Claire article](https://sourcingjournal.com/sustainability/sustainability-compliance/sustainability-pressure-kering-marie-claire-daveu-sophia-li-1234750339/).
Marni
In a shake-up within the fashion world, the **OTB Group-owned label, Marni**, has announced the departure of **creative director Francesco Risso** after a decade at the brand. While no successor has been named yet, the anticipation surrounding Marni’s next creative direction is palpable. This transition marks a significant chapter for a brand known for its bold designs and innovative approach to fashion.
Innovations in Manufacturing
Advanced Functional Fabrics of America (AFFOA)
Advanced Functional Fabrics of America (AFFOA)** has announced Dr. **Eric Evans** as the new chair of its board of directors. Leading the charge for this public-private partnership, Evans will spearhead efforts to accelerate the development of textiles that incorporate cutting-edge technologies such as electronics and sensors. Under his guidance, AFFOA aims to revolutionize the textile industry, merging fashion and functionality in unprecedented ways. Learn more about this initiative in our [feature article](https://sourcingjournal.com/topics/technology/advanced-functional-fabrics-of-america-usa-military-technology-textiles-516918/).
With leadership changes at key brands like Tailored Brands, Pendleton, and Kering, the retail and fashion industries are poised for innovation and transformation. As these brands usher in a new era of leadership, industry watchers and consumers alike will be eager to see how these changes unfold in the marketplace. Stay tuned for more updates!
