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Macy’s snags Home Depot exec to head up technology

BY Deena M. Amato-McCoy

Macy’s has a new technology chief who brings more than 20 years of experience to the position.

Naveen Krishna will take on the role of chief technology officer, effective June 16. He will be responsible for driving Macy’s technology strategy and direction, and will also oversee the teams that build the end-to-end e-commerce experience, enterprise-shared services, infrastructure, field services and functional IT support.

Krishna joins Macy’s from The Home Depot, where he was VP of technology, responsible for all digital platforms, user experience design, marketing technologies, and customer care. Prior to joining Home Depot in 2010, Krishna was a director at Target where he oversaw all web site technology and operations. He also spent 13 years in leadership roles with FedEx Kinko’s and Deloitte Consulting.

Krishna will report to Hal Lawton, president of Macy’s. He will be based in John’s Creek, Georgia, one of the Macy’s technology hubs.

“I’m thrilled to have Naveen Krishna join the Macy’s team as we enhance our focus on technology,” said Lawton. “We are investing in technology to improve digital and mobile experiences, site stability, store technology and fulfillment and logistics improvements. Naveen’s track record in omnichannel retail makes him the perfect fit to lead the Macy’s technology organization at this critical time.”

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Co-founder of Guess resigns amid $500,000 sexual harassment settlements

BY Marianne Wilson

The #MeToo movement and allegations of misbehavior has cost a legendary figure in fashion retailing his job.

Paul Marciano, the co-founder and chief creative officer of Guess ? Inc. and the subject of a probe into misconduct, resigned as executive chairman following the completion of the investigation, according to the company’s filing with the Securities and Exchange Commission. Guess said his resignation was voluntary.

Marciano will transition his chief creative officer duties and other responsibilities to Guess CEO Victor Herrero by Jan. 30, when his contract expires. Guess appointed co-founder Maurice Marciano, the older brother of Paul, as chairman, effective immediately.

The filing revealed that Guess and Marciano entered into settlement agreements totaling $500,000 to resolve claims by five individuals (who were not named) arising out of allegations of inappropriate conduct. Guess said the company and Marciano agreed to the settlements, which are not confidential, “to avoid the cost of litigation and without admitting liability or fault.”

According to the filing, “allegations against Mr. Marciano included claims of inappropriate comments and texts, and unwanted advances including kissing and groping.”

“The investigation found that on certain occasions Mr. Marciano exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise,” the filing said.

The accusations against Marciano started in late January, when supermodel Kate Upton, via social media, accused Marciano of sexually and emotionally harassing women. In February, she told Time magazine that Marciano had sexually harassed and assaulted her during her first professional modeling campaign, when she was 18. Other women consequently stepped forward with allegations of improper conduct.

Guess went on to form a special committee comprised of two independent directors to oversee an investigation into the allegations, which were denied by Marciano. Investigators hired by the board interviewed more than 40 people and reviewed approximately 1.5 million pages of documents, according to the filing.

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Stitch Fix nabs Google marketer; launches new line

BY Deena M. Amato-McCoy

Apparel subscription service Stitch Fix has a new marketing chief—and a new merchandise offering.

The fast-growing company named Deirdre Findlay as its chief marketing officer, responsible for leading all marketing, creative, and communications initiatives. Her appointment came as the retailer reported first-quarter results that easily topped the Street and announced the launch of a children’s line, Stick Fix Kids.

“Our new Stitch Fix Kids offering is a testament to the scalability of our platform,” said Stitch Fix founder and CEO Katrina Lake. “We’re excited for Stitch Fix to style everyone in the family and to create an effortless way for parents to shop for themselves and their children.”

Stitch Fix’s new marketing chief most recently served as senior director of global hardware marketing at Google, where she oversaw marketing for Google’s home hardware products, including Google Home, Chromecast, and Google WiFi. Findlay has nearly 20 years of experience leading cross-departmental teams, delivering strategic integrated marketing campaigns, and building brand strategy at organizations like Google and eBay, as well as for Whirlpool Brands, Allstate Insurance, MillerCoors, and Kaiser Permanente. She also served as senior VP at digital marketing agency Digitas.

 

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