×
944
Fashion Jobs
CLINIQUE
Clinique - Consultant- Nanaimo, bc
CDI · Nanaimo
CLINIQUE
Associate Consultant - Clinique - Edmonton ab
CDI · Calgary
VICTORIA'S SECRET
Brand Operations Manager-Yorkdale
CDI · Toronto
GAP
General Manager- New Westminster
CDI · New Westminster
CLINIQUE
Associate Consultant - Clinique - Regina sk
CDI · Saskatoon
RALPH LAUREN
Club Monaco, Toronto - District Manager
CDI · Toronto
CLINIQUE
Clinique - Consultant - Northshore - Montreal, qc
CDI · Montreal
CLINIQUE
Associate Consultant - Clinique - Calgary, ab
CDI · Calgary
ADIDAS
Senior Manager, Merchandising
CDI · Vaughan
LULULEMON
General Manager Houston Texas United States Gérant Adjoint de Magasin
CDI · Laval
GAP
General Manager East Gta
CDI · Toronto
BANANA REPUBLIC
General Manager- Calgary
CDI · Calgary
BANANA REPUBLIC
General Manager- Fairview Park Mall
CDI · Kitchener
GAP INC
Loss Prevention Agent - Toronto Eaton Centre
CDI · Toronto
ESTÉE LAUDER
Estee Lauder - Counter Manager- Contract - Bayshore- Ottawa,on
CDI · Ottawa
M·A·C
ca.Sales.Point of Sale Non Management.Key Holder.3rd Key
CDI · Kitchener
CLINIQUE
Clinique - Counter Manager- Bayshore- Ottawa, on
CDI · Ottawa
CLINIQUE
ca.Sales.Point of Sale Management.Store Manager.Store Manager
CDI · Richmond
M·A·C
ca.Sales.Point of Sale Non Management.Key Holder.3rd Key
CDI · Markham
LE LABO
Sales.Point of Sale Non Management.Beauty Advisor/Artist.le Labo Lab Technician
CDI · Vancouver
MAC
Retail Manager - 40 Hrs - Acting Assignment Ending July 2020 - Hudsons Bay Sherway - Etobicoke,on
CDI · Toronto
ESTÉE LAUDER COMPANIES
Sales.Point of Sale Non Management.Cashier.Company Store Attendant
CDI · Vancouver

Hugo Boss CEO to step down, will be consultant until year-end

Published
Mar 23, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hugo Boss announced on Monday that its CEO Mark Langer is set to step down at the end of September. And it added that “this has been agreed in best mutual consent between Mark Langer and the company”.


Outgoing Hugo Boss CEO Mark Langer - Hugo Boss



The Supervisory Board is launching its search for a successor immediately and praised the work that the outgoing chief had done at the firm.

And it said that “in light of the current challenges caused by the Covid-19 pandemic, [he] will act as a consultant after September 30, and thus support the company until the end of the year".

“During his tenure as Chief Executive Officer, Mark Langer has successfully restructured and repositioned the company,” said chairman Michel Perraudin. “The focus on the two brands Boss and Hugo, as well as the significant progress within the online business, the company’s own retail network and the Asian business are clear evidence for that. In doing so, he has laid out the path for sustainable growth”.

That said, there have been some activist shareholders who have agitated for adjustments to the chief executive’s strategy in order to drive more dynamic growth.

But Langer, who has been with the firm for almost 18 years, said: “I am convinced that Hugo Boss will get out of the current difficult situation even stronger and continue its successful development”.

It's a tough time for the company to be changing CEOs and late last week, the German firm had withdrawn its guidance for the financial year on the back of the closure of many of its own stores globally and also of many stockists of its products. But it's maintaining an upbeat stance.

Langer's isn't the only top-level change it's dealing with. 
It's only a few weeks since there was another change in leadership at the company with it appointing a new COO. Heiko Schäfer joins from Tom Tailor to take charge of sourcing, manufacturing, product development, operations and sustainability.

Copyright © 2020 FashionNetwork.com All rights reserved.