82 950
Fashion Jobs
URBN
Anthropologie Omni Service Specialist Part-Time
Permanent · NOVI
BUCKLE BRANDS
Freight Coordinator
Permanent · MUNCIE
TAILORED SHARED SERVICES
Creative Project Manager
Permanent · DUBLIN
TAILORED SHARED SERVICES
sr Digital Category Manager
Permanent · DUBLIN
TAILORED SHARED SERVICES
Associate Digital Category Manager
Permanent · DUBLIN
SALLY BEAUTY CORPORATE
IT Senior Manager
Permanent · DENTON
HAND & STONE
Assistant Spa Manager - Apex
Permanent · APEX
HAND & STONE
Assistant Spa Manager - Voorhees
Permanent · VOORHEES TOWNSHIP
HAND & STONE
Assistant Spa Manager - Brentwood
Permanent · BRENTWOOD
HAND & STONE
Assistant Spa Manager - Princeton
Permanent · PRINCETON
HAND & STONE
Assistant Spa Manager - South Park
Permanent · CHARLOTTE
HAND & STONE
Assistant Spa Manager - Camp Hill
Permanent · CAMP HILL
HAND & STONE
Assistant Spa Manager - Chantilly
Permanent · FAIRFAX
HAND & STONE
Assistant Spa Manager - Gaithersburg
Permanent · GAITHERSBURG
HAND & STONE
Assistant Spa Manager - Medford
Permanent · MEDFORD
HAND & STONE
Sales Manager - Winston-Salem
Permanent · WINSTON-SALEM
HAND & STONE
Assistant Spa Manager - Severna Park
Permanent · SEVERNA PARK
HAND & STONE
Assistant Spa Manager - Langhorne
Permanent · LANGHORNE
HAND & STONE
Assistant Spa Manager - Timonium
Permanent · TIMONIUM
HAND & STONE
Assistant Spa Manager - Newtown Square
Permanent · EDGMONT
HAND & STONE
Assistant Spa Manager - Falls Church
Permanent · FALLS CHURCH
HAND & STONE
Assistant Spa Manager - Reston
Permanent · RESTON
Published
Mar 7, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Ralph Toledano joins Victoria Beckham as Chairman

Published
Mar 7, 2018

In a surprise move, Victoria Beckham has named fashion industry veteran Ralph Toledano as Chairman, effective immediately. 


Victoria Beckham - Fall-Winter2018 - Womenswear - New York - © PixelFormula



The company said he “brings his vast knowledge of the fashion industry and business expertise to Victoria Beckham, where he will work closely with the team to nurture the creative vision at the heart of the brand while preparing the business for its next growth cycle.”

The move follows the £30 million investment from NEO Investment Partners that was revealed in December and underlines the focus its owners are putting behind the Beckham brand, with Toledano undeniably being one of the key names on the international roster of luxury fashion execs.

And one of his first tasks will be working to get the company back in the black. On announcing his new role, the firm said that “together with strategic geographical expansion and realisation of the company's direct-to-consumer ambitions, [its] strategy will involve a rationalisation of costs in order to return the company to profitability.”

In terms of other global luxury brands, Beckham is still relatively small scale. It retails through 400 stockists and in more than 50 countries including in Asia, a key area for the company. But with global revenues for the year ending December 2016 (the latest year for which figures are available) of just £36 million, it’s dwarfed by many of its luxury peers. Even with 2017 revenues expected to have been up in double-digits, it still has massive growth potential.

And the presence of Victoria Beckham herself - plus her very photogenic family - is key to this. Her NYFW shows may be overshadowed in revenue terms by many other labels, but she consistently comes at the top of the list of social media engagement for fashion weeks, and her shows are must-see events for many consumers.

Toledano said: "I was fascinated to meet with Victoria - an artist, designer and entrepreneur who remains driven in her ambition for her brand. She is at the forefront of the shifting, increasingly digital, fashion landscape and having established her brand vision over the past decade, is now uniquely positioned to communicate this vision directly to her consumer. I am thrilled to be partnering with her to build the company into a modern luxury group.”

Beckham meanwhile said he “brings unrivalled industry experience to the company. I am excited to have such an esteemed partner with me as we move into the next chapter.”

Toledano has worked with many of the big names of fashion.  He is the president of the Fédération de la Haute Couture et de la Mode, and was president of Puig's fashion division. He has also served as the CEO of Chloé where he appointed Phoebe Philo as Creative Director. He is also credited with the reinvigoration of the Guy Laroche label with his appointment of Alber Elbaz as Creative Director.

Copyright © 2024 FashionNetwork.com All rights reserved.