Columbia Sportswear adds former Gap CFO to board

Columbia Sportswear Company has named Sabrina Simmons as the company’s newest board director and member of the Nominating and Corporate Governance and Compensation Committees.

The Columbia Sportswear board said they intend to nominate Simmons for election by the company’s shareholders to a full term as a board member at the company’s 2019 annual meeting of shareholders.

Simmons currently serves as a member of the board and audit and finance committee chair for Williams-Sonoma Inc., in addition to serving as a member of the board and audit committee chair for E.l.f. Cosmetics Inc.

Previously, Simmons served as executive vice president and chief financial officer of Gap Inc, where she managed global financial functions like corporate financial planning and analysis, treasury, risk management, tax, investor relations, controllership, the corporate shared service centers and internal audit.

“We are thrilled to have Sabrina join our board of directors,” said Tim Boyle, Columbia’s president and CEO. “She brings a wealth of global retail experience, leadership and financial expertise that will add great value as we continue to invest in our strategic priorities, including to expand and improve global direct-to-consumer operations, and focus on our brand-led, consumer-first approach.”

Columbia Sportswear Company was founded in 1938 in Portland, Oregon, and is currently distributed in approximately 90 countries. In addition to the Columbia brand, the company also manages Mountain Hardwear, Soreland PrAna.

Danish label Ganni hires new CEO Andrea Baldo

An Italian manager is taking charge of Danish label Ganni from October 22 2018. Andrea Baldo, former CEO of leather goods brand Coccinelle, has been picked to step into the same role for Ganni. He will be replacing Nicolaj Reffstrup, who was the label’s CEO since 2009.

Ganni was founded in 2000 by Frans Truelsen, and its original core business was cashmere. Nine years later, it was bought by Ditte and Nicolaj Reffstrup who, thanks to an effective marketing strategy targeted at influencers and journalists, gave the brand a new lease of life. So much so that in December 2017, the L Catterton investment fund (an affiliate of LVMH) acquired a majority stake in the label.

“We are very excited at having Andrea [Baldo] on board. He has an in-depth knowledge of the industry, as well as the rare expertise acquired managing both luxury labels like Margiela and Marni, and more contemporary brands. Together, we will form an unbeatable team. Personally, I hope to have more time for working on our sustainable development plans, on our label’s worldwide deployment and on its digital strategy,” said Nicolaj Reffstrup about the new appointment.

Ganni is currently distributed via nearly 400 retailers worldwide, in addition to its 21 stores in Scandinavia. It is accustomed to collaborating with the most prestigious fashion e-tailers, and from May 2017 it featured exclusive capsule collections on Mytheresa and Net-a-Porter. Last March, Ganni decided to sell its first denim line on Net-a-Porter.


International Executive Summit 2018

After two days the seventh edition of the International Executive Summit ended. As every year it took place in Villa d’Este, Cernobbio.

The International Executive Summit represented an unique moment of meeting and discussion where Managing Directors, opinion-makers  Italian and international professionals shared strategies, vision and ideas.

This edition of the conference dedicated to the Top Management of the most important retailers and brands Company began on Friday 5 October with the “Pre-Summit” session dedicated to the comparison and narration of the disruptive strategies of some of the companies that have distinguished themselves for bringing efficiency. Thanks to our speakers Valérie Carreau, North West Europe Country Transporeon Group Manager, Nikolay Yanev Head of Amazon Prime Now Marketplace, Francesco Secchiaroli Managing Director of Cambridge Venture Found.

Thesecond part of the day was focus on the theme of innovation thanks to the Maurizio Marchiori, Branding Futurist, Tom Lewand CEO Shinola and Maniele Tasca General Manager of Selex.

The day continued with many guests who talked about the progress of the retail sector in Italy and abroad with Christian Verschueren, General Director of Eurocommerce, Jacques Creyssel Executive Director FCD, Carlo Alberto Carnevale Maffè Associate Professor SDA Bocconi and Giulio Tremonti, Professor of Tax Law at the University of Pavia.

The first day ended with an all-female meeting with stories by Chiara Ercole, CEO Saclà and Eleonora Graffione President Coralis Consortium, with Andrea Farinet Professor Cattaneo University as chairman.

On the second day of the conference it was the moment of speeches by Simone Zucca, Sector Leader – Retail Fashion Luxury & Finance at Google, Giuseppe Cunetta CDO Mediaworld and Chieh Huang as Boxed CEO.

In conclusion, Daniele Tirelli, President of Retail Institute Italy, presented a research on Sunday Clousure, commented on by Giorgio Santambrogio, CEO of Gruppo VéGé and Carlo Alberto Carnevale Maffè. Last panel with an interview with Luigi Marattin, Professor of the Department of Economics at the University of Bologna.