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Lacoste ousts its CEO Éric Vallat, Thierry Guibert takes back the helm

Éric Vallat has been removed from his position as chief executive officer of the French brand Lacoste. The corporate website now lists Thierry Guibert as CEO. Reuters reported that Éric Vallat was ousted just before the brand's Paris show. The announcement came as a surprise due to its sudden nature. Lacoste confirmed this leadership change to...

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People

Richemont’s head of fashion and accessories steps down

Compagnie Financière Richemont SA has announced that Eric Vallat, head of fashion & accessories maisons, will step down from his current position and from the senior executive committee for personal reasons effective October 26, 2019. Commenting on Vallat’s decision, Johann Rupert, the company’s Chairman, said in a statement: “Eric has been...

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