GERMANY: Karstadt announces executive appointments
German department store operator Karstadt has made a number of new appointments in its fashion and merchandising department as part of its turnaround plans.
The company said Jane Munro-Hall is the new head of women's fashion, joining from Esprit. She has also held positions at Tom Tailor and Peek & Cloppenburg.
Simone Heift has been appointed as fashion director, joining from Berlin Quartier. She previously held positions at various fashion magazines and Fred Segal.
Deborah Klein is the new head of women's accessories, lingerie, shoes and stockings. She has also worked at Nike, Adidas, and V&D in the Netherlands.
And Andre Mannebach is the new head of merchandise planning. He has held positions at Kurt Salmon, Strauss Innovation and Team Retail Excellence.
CEO Andrew Jennings said the retail group is a third of the way through its transformation plan, two years after it went bankrupt.
"Exactly two years after the bankruptcy, we now have about 30% of our travel done and we still have a tough road ahead of us. I have said from the beginning that after years of decline, there are no quick fixes for Karstadt. All such expectations are unrealistic," he said.
It has also continued its store modernisation scheme, updating 24 stores in 2011 and extending its e-commerce offer.
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