#1
#1 out of 1
business15h ago
What’s Going On at Ganni?
- Ganni confirms Laura du Rusquec will step down as chief executive officer in April, with Hans Hoegstedt named interim CEO.
- Du Rusquec aimed to elevate Ganni into 'progressive luxury' before her departure.
- Vogue Business notes Ganni added stockists and stores while reducing its global workforce.
- The leadership change comes as Ganni navigates price increases and market positioning.
- Industry observers question whether elevation matches customer demand amid rising prices.
- A consumer survey offering a discount signals Ganni’s effort to retune with shoppers.
- Observers see a potential return to Copenhagen Fashion Week to reanchor the brand.
- Du Rusquec’s departure follows two years leading Ganni and joining from Kering.
- Ganni’s private ownership means revenue figures were not disclosed publicly.
- Ganni’s pricing tone shifted higher, with examples of higher T-shirt and dress prices cited.
Vote 0