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12 Jun

Lanvin Appoints Gerrit Ruetzel as President of the Americas

Lanvin Appoints Gerrit Ruetzel as President of the Americas

Gerrit Ruetzel has been appointed president of the Americas at Lanvin, a recent post.

He shall be chargeable for expanding the brand’s retail productivity and footprint, ramping up digital commerce and product strategy within the U.S., a key growth marketplace for the French house.

Most recently, Ruetzel was chief executive officer of the Americas at Bottega Veneta, where he worked nearly five years until October 2021. Before that he was with Hugo Boss as president and CEO of Hugo Boss Fashions, CEO/president of Hugo Boss Hong Kong Ltd., managing director Latin America, in addition to director of international sales.

Ruetzel reports to Siddhartha Shukla, deputy general manager of Lanvin.

In an interview, Shukla, who joined Lanvin a 12 months and a half ago, said he spent the primary 12 months attempting to professionalize the organization and convey some discipline into it. Now the main target is on resetting product strategy and marketing and getting the home back able to compete successfully. Certainly one of the initiatives is to strengthen the U.S. team.

“Getting Gerritt is an enormous a part of that to position ourselves to evolve and reset the image of the home,” Shukla said.

He said the U.S. had strong growth available in the market previously 12 months, and that the client has great affinity for the brand, which they’re trying to construct upon. He said Ruetzel’s top priorities shall be to reset product strategy, the event of the network and boosting digital.

Lanvin’s wholesale partners within the U.S. include such retailers as Neiman Marcus, Saks Fifth Avenue, Net-a-porter, Essence and The Webster. The brand has eight freestanding boutiques within the U.S. in Manhattan, Los Angeles, Costa Mesa, California, Miami Design District and Las Vegas, including two outlets.

“We’re under-penetrated when it comes to stores,” Shukla said. “There’s an actual opportunity to develop the network and making the prevailing stores more productive. Definitely, in the approaching years we’ll open recent locations. But I definitely think there’s a digital opportunity,” he said.

“Selecting Gerrit was about bringing anyone in who’s a seasoned executive. He’s run a region before, he ran Bottega Veneta Americas for five years. He has the correct mixture of leadership, of managing a key premiere European brand within the Americas, and has a excellent handle available on the market.” He also said Ruetzel is someone who’s channel agnostic “and understands retail, wholesale and digital equally well.

“I also think just as necessary, if not most vital, he’s entrepreneurial, and he’s ready for what the project of Lanvin is.” He called Lanvin “an entrepreneurial project,” where they’re rebuilding the oldest couture house.

So far as recent product categories, Shukla said Lanvin is a luxury lifestyle brand that has the capability to construct an assortment across women’s and men’s. “There’s an excellent opportunity in diversifying the product offer across categories,” he added.

He said the U.S. team must give you the option to steer on a regional level, and never be reacting. “The vision for the home is coming from Paris, however the appointment was necessary. There are many big houses operating [in the U.S.] with regional heads. It was time for us to have that,” Shukla said.

After completing its merger with the Primavera Capital Acquisition Corp. SPAC, Lanvin Group went public on the Latest York Stock Exchange last December. Along with Lanvin, the group owns Wolford, Sergio Rossi, St. John Knits and Caruso.

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