Designer label Nicole Farhi has appointed management consultant Francois Steiner as interim chief executive officer following the departure of Niki Scordi last week.
Luxury goods veteran François Steiner will take up his role immediately, following the departure of Niki Scordi who resigned her post last week after four years with the company,
“I am thrilled to be working with Nicole, her team, and Kelso Place to drive this business forward,” said Steiner in a statement. “With the new flagship store and plans for U.K. and international expansion, this is a very exciting time for the brand.”
Steiner has held several positions in retail and fashion, including managing director of Sonia Rykiel, chief executive of Kenzo, managing director of Thomas Pink and president of Louis Vuitton Europe.
Kelso Place bought a majority stake in the Nicole Farhi business in January from OpenGate Capital, the Los Angeles-based private equity firm. OpenGate had originally bought the Nicole Farhi business from French Connection Group Plc in early 2010.