Valentino to Resign
Rome, Valentino Garavani said on Tuesday that he is stepping down as head designer of Valentino Fashion Group after 45 years in the business. Valentino said he would show his last ready-to-wear collection in Paris in October and his couture collection there in January.
In addition, Valentino Fashion Group said Wednesday it has appointed Alessandra Facchinetti, 35, as the fashion house’s creative director for womenswear. She previously worked at Gucci, where she was Tom Ford’s replacement.
Wild Oats Execs Leave
New York, Four top executives from Wild Oats Markets Inc. have left the company following its acquisition last week by Whole Foods Market Inc., according to a report on supermarketnews.com.
In addition to Gregory Mays, the former Wild Oats chairman who had also been acting CEO and acting CFO, other executives who have left include Roger Davidson, senior VP of merchandising and marketing; Sam Martin, senior VP, operations; and Jon Payne, VP of IT. Also, employees at some Wild Oats locations have been notified that their stores will be closed, supermarketnews.com reported.
PetSmart Names CFO
Phoenix, PetSmart Inc. on Wednesday named Lawrence Molloy as senior VP and CFO to succeed Tim Kullman, who resigned earlier this year.
In his new role, Molloy will be responsible for all financial areas of PetSmart including analysis, planning, compliance, reporting and business and financial strategy. He previously served as VP and CFO of retail at Circuit City Stores Inc.