Tuesday, 12 January 2010
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.
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