Tuesday 12 January 2010

Francois Kress To Be The New CEO Of Prada USA? –12/1/2009


Prada is remaining tight-lipped about WWD’s recent report that Francois Kress is to be named President and CEO of their US arm.

We are particularly interested in this rumour since Francois Kress was the Managing Director for Louis Vuitton in Australia for approximately 2-3 years in the early naughties, prior to Mr Philip Corne, who is the current CEO of Louis Vuitton Oceania.

Mr Kress was a young and flamboyant character, a new and different energy for the role at the time, who quickly made an impression. So we wonder if Prada USA will be his crowning glory?

In the past, Prada has struggled to find and maintain CEOs in the US, an extremely important market for the brand, so we hope for all parties concerned that this is a match made in Prada heaven!

Don’t miss our earlier report on the departure of Prada’s last USA CEO, Graziano de Boni, late last year.

1 comment:

Mr Bayley said...

if Francois's Linkedin profile is anything to go by then the rumour is true!!

Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au