GERMANY: Escada appoints Wahlers as finance chief
German fashion firm Escada has appointed Villeroy & Boch CFO, Jörg Wahlers, as its new finance chief.
Wahlers joins Escada to take up the role of CFO and COO from May. He will be responsible for the international manufacture of luxury women's fashion for the commercial sector and group operations. In addition, he assumes responsibility for IT, logistics, legal and human resources.
He will take over from interim CFO Felix Geiger who took over the role when Michael Bornicke stepped down.
Prior to working for ceramic producer Villeroy & Boch, Wahlers held financial managerial positions with Reckitt Benckiser and Campbell Soup.
Escada said the appointment is "an important step" in the process of strengthening the company's management team.
Last month, CEO Bruno Sälzer announced his intention to step down from his post in order to "pursue new professional challenges". The firm has begun a search for a new chief executive.
Clothing Manufacture (Germany) Industry Report
Plimsoll Publishing’s CLOTHING MANUFACTURE (Germany) Analysis provides a detailed overview of the CLOTHING MANUFACTURE (Germany) market and delivers a comprehensive individual analysis on the top 260 ...read more
Several factors affected womenswear in Argentina during 2013. Import barriers driving leading international brands to leave the country and a worsening local business environment and accelerating infl...
This report analyzes the worldwide markets for Women's and Girls' Clothing in US$ Million by the following Product Segments: Women's and Girls' Dresses, Women's and Girls' Suits & Coats, Women's and G...
- 2014: Year in review - Sourcing winners and losers
- 2014: Year in review - Brand winners and losers
- Bangladesh: Raising the bar on apparel exports?
- 2014: Year in review - Retail winners and losers
- Bangladesh: The business benefits of compliance
- Report urges overhaul of Cambodia factory safety
- Bangladesh factory improvements “will take years”
- Bangladesh knitting worker killed by faulty lift
- North Face debuts locally-grown "backyard" hoodie
- Tommy Hilfiger launches solar-powered jacket