×
193
Fashion Jobs
VOLVO WHITE PAINTS INDUSTRIES
Hiring For Sales Officer/Area Sales Manager/ (Haryana)
Permanent · Sonipat
PATANGE INDUSTRIES PVT LTD
Requirement - Production Manager
Permanent · Pune
RESPICARE SOLUTIONS
Area Sales Manager /Business Development Manager-Mumbai / Maharashtra
Permanent · Navi Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager - Construction Chemicals
Permanent · Ludhiana
VADILAL
Area Sales Manager
Permanent · Varanasi
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager (Maintenance Division)
Permanent · Jodhpur
PREETI DEVELOPERS PRIVATE LIMITED
Manager- Sales
Permanent · Bengaluru
CEASEFIRE INDUSTRIES PRIVATE LIMITED
Area Manager/ Territory Manager (Sales)_ Goa
Permanent · Pune
INDEED.MX
Trabajo Para Mayores de ed+d
Permanent · MEXICO CITY
INDEED.MX
Trabajo Para Mayores de Edad
Permanent · MEXICO CITY
INDEED.MX
Trabajos Opción Home Office
Permanent · MEXICO CITY
INDEED.MX
Secretaria de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Archivista de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Capturista de Medios Tiempos
Permanent · MEXICO CITY
ECL FINANCE LIMITED
Area Sales Manager- Small Ticket Housing Loan
Permanent · Hyderabad
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PUMA
Senior Manager- Trade Compliance
Permanent · Bengaluru
Translated by
Barbara Santamaria
Published
Sep 4, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pepe Jeans appoints Marcella Wartenbergh as new CEO

Translated by
Barbara Santamaria
Published
Sep 4, 2019

Denim brand Pepe Jeans is boosting its board with the appointment of Marcella Wartenbergh as new chief executive officer. The Mexican executive, who forged her career at PVH Group, is replacing Carlos Ortega, founder and shareholder of Pepe Jeans Group.


Marcella Wartenbergh has been appointed as Pepe Jeans Group's new CEO - Archivo


Marcella Wartenbergh joined the Pepe Jeans team on Monday and will report directly to the company’s board of directors. Carlos Ortega announced her appointment to staff via an internal memo following a successful debt refinancing in July. The agreement signed with 14 financial entities, including BBVA, Santander and Caixabank, covered a €230 million debt. Additionally, the company’s shareholders approved a capital increase of €25 million “to improve the group’s financial position and the financial capacity required to execute the growth plans of its different brands," the brand explained.

Wartenbergh was most recently chief merchandising officer at Calvin Klein, a role she took up just four months ago. But she spent many years at PVH, the American group behind global brands including Tommy Hilfiger, Arrow, Van Heusen, Izod, Speedo and Calvin Klein. Before being promoted to chief merchandising officer, Wartenbergh held many roles at the retail group, including group president of global licensing and strategic initiatives at Calvin Klein. A graduate from St. Mary’s University in San Antonio, USA, she cut her teeth in the merchandising division of Tommy Hilfiger in the Netherlands in 1999. Sixteen years later, the executive returned to Mexico to lead the direction of the brand in the country.


Pepe Jeans London is the group's core brand - Pepe Jeans


Her new employer has a link to PVH, as Pepe Jeans Group not only owns the Pepe Jeans London, Hackett and Façonnable brands, but also distributes Tommy Hilfiger and Calvin Klein in Spain. The group is majority owned by L Capital Asia, a private equity unit backed by LVMH, and M1, a subsidiary of Lebanese investment firm M1 Group. The management team has an 8% shareholding in the company, while the remaining 22% is controlled by former CEO Carlos Crespo.

In 2017, Pepe Jeans swung to a loss despite revenues increasing to €531 million. According to Spanish newspaper El Confidencial, the company ended 2018 with revenues of €566 million and an EBITDA loss of €12.72 million.

Industry sources said that the company is looking at withdrawing from the Indian market and closing a number of Façonnable stores as part of a wider restructure to turn around its finances. According to data released on 31 March 2018, Pepe Jeans Group has 355 stores, including 219 Pepe Jeans locations, 105 Hackett shops, 29 Tommy Hilfiger outlets, two Norton stores and 16 Façonnable sites.

Copyright © 2022 FashionNetwork.com All rights reserved.