The Swiss group, which bought The Kooples in 2019, has announced its name change to MF Brands Group as it published its results for the 2019 financial year, in which it recorded a 15% revenue growth over 2018.
To succeed Brian Grevy, who is leaving for Adidas, Gant has tapped Patrik Söderström, who has been in charge of commercial operations at the menswear label since 2016, and will start in his new role on February 1.
The Swiss group finalised the acquisition of the Elicha brothers’ label last May. FashionNetwork.com’s partner Retviews has analysed the product range on its site, comparing it to its accessible luxury competitors.
There may be a certain amount of scepticism around big company commitment to sustainability, but the Better Cotton Initiative (BCI) said its members sourced more than 1m metric tonnes of Better Cotton in 2018.