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SurfStitch managing director stepping down this week

Inside Retail

Justin Hillberg, managing director of shared services of SurfStitch-owner Alquemie Group, is stepping down from his role leading the surf brand’s restructure at the end of this week. Hillberg joined SurfStitch as merchandise manager in 2014, before becoming general manager in 2015 and managing director in 2018.

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Retail Food Group settles class action filed by former franchisees

Inside Retail

Headquartered in Queensland, RFG is a multi-brand retail food franchise manager, with brands including Gloria Jean’s, Donut King, Brumby’s Bakery, Michel’s Patisserie, Crust Gourmet Pizza and Beefy’s Pies. The company affirmed this move has no impact on its annual financial results.

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Michael Hill ordered by NSW Supreme Court to pay $2.6 million in damages

Inside Retail

On May 8, 2015, the companies signed another agreement where Gispac would supply small and large bags for Emma & Roe, Michael Hill’s recently launched business back then, for Australia. The company had to shut down six underperforming Michael Hill stores and cut a number of senior management roles to reduce operating costs.

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2XU co-founder Adrian Clarke launches performance wear brand, Sa1nt Layers

Inside Retail

Products in the collection include moisture management and medical-grade sports compression, squat-proof tights, and anti-pill training tops. Aside from Clarke, the other name members of the Sa1nt Layers crew are Anna Espino, ex-2XU head apparel designer, and Peter McKenzie, former 2XU global sales manager.

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Jean-François Palus named interim Gucci CEO amid Kering management shuffle

Inside Retail

Gucci’s president and CEO since 2015, Marco Bizzarri, is to leave the brand this September after serving at Kering Group for 18 years. Alongside CEO Bizzarri, Michele oversaw a period of soaring growth between 2015 and 2019, with profits increasing nearly four-fold and revenues almost trebling.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Bramman served as CFO and SVP of Carnival Cruise Line from 2010 to 2015 and Avery Dennison from 2015 to 2017.

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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

a position he has held since April 2015. With a grounding in brand and operational finance roles, he manages from a commercial mindset balanced with enterprise thinking. Additionally, VP of Investor Relations Christina Colone has been promoted to Global Head of Investor Relations. Roe is currently CFO of VF Corp. ,

Finance 258