Skincare brand has a new face for global operations
NEW YORK — Ahava, a leading skincare brand, has promoted Elana Drell Szyfer, currently CEO of the company in North America, to group CEO of Ahava globally. She replaces Yacov Ellis who has resigned his position to pursue new opportunities, following a 10-year tenure as CEO.
Drell Szyfer’s appointment becomes effective Sept. 1, following a transition period with Ellis. She joined Ahava two and a half years ago. During her tenure as acting group chief operating officer and CEO of Ahava North America, she repositioned and re-launched the brand in 2011. Since the re-launch, the company has experienced double digit growth in all its key U.S. retail partners. Globally, the brand can now be found in 30 countries, in leading retailers that include Sephora in France, Coin and La Rinascente in Italy and KaDeWe in Germany.
Ahava was restructured globally in January 2013, moving all marketing activities for the brand worldwide to the U.S. under her direction, to bring marketing efforts closer to the commercial needs of key growth markets such as the U.S.
Prior to her post as CEO of Ahava North America, Drell Szyfer served as SVP of global marketing for the Estee Lauder brand, a division of The Estee Lauder Companies, Inc. There she oversaw marketing and strategy activities for its largest division and was responsible for the brand’s skincare, makeup and fragrance categories and new media efforts. She also held positions at L’Oreal, Inc. for the Lancome brand, Avon Products, Inc. and Chanel Inc.
Drell Szyfer is a graduate from Columbia University and she has an MBA from New York University.
Men’s Wearhouse beefs up board with retail veteran
FREMONT, Calif. — The Men’s Wearhouse has appointed retail industry veteran Allen I. Questrom to its board of directors.
Questrom’s addition brings the Men’s Wearhouse board to a total of nine directors, seven of whom are independent.
"I’m pleased to welcome Allen to the board. He brings extensive experience in our industry, highlighted by his service as the CEO of several large publicly traded retailers. Allen’s expertise in customer service, merchandising, marketing and finance will be a great benefit for all of our stakeholders," said president and CEO Doug Ewert.
Questrom, who has more than 40 years of executive management experience in the retail industry, was chairman and CEO of Neiman Marcus, Inc. from 1988 to 1990. He was at Federated Department Stores, Inc. (now Macy’s) as chairman and CEO from February 1990 to May 1997. From May 1999 to January 2001, he served as chairman of the board of Barneys New York, Inc. and from May 1999 and until September 2000, as CEO and president. From 2000 to December 2004, he was chairman and CEO of J.C. Penney Company. He has been a senior adviser for Lee Equity Partners since 2006. Questrom is currently a member of the board of directors of Sotheby’s and the Glazer Family of Companies. He has also previously served as a member of the board of directors of Footlocker, Inc. and Wal-Mart Stores, Inc. and was non-executive chairman of Deb Shops, Inc.
Founded in 1973, Men’s Wearhouse is one of North America’s largest specialty retailers of men’s apparel with 1,141 stores. The Men’s Wearhouse, Moores and K&G stores carry a full selection of suits, sport coats, furnishings and accessories in exclusive and non-exclusive merchandise brands and Men’s Wearhouse and Tux stores carry a limited selection. Most K&G stores carry a full selection of women’s apparel. Tuxedo rentals are available in the Men’s Wearhouse, Moores and Men’s Wearhouse and Tux stores. Additionally, Men’s Wearhouse operates a global corporate apparel and workwear group consisting of Twin Hill in the United States and Dimensions, Alexandra and Yaffy in the United Kingdom.
Target Canada details to be offered in October
The focus of retail analysts will be squarely on Target later this year when the company hosts an investor conference in Toronto on October 30. It will be the company’s first such event since entering the market and by the fall the company should have all of its 124 planned stores open and ready to roll for Christmas.For more details and to add to your calendar, click here.