Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

PVH Corp appoints Zac Coughlin as CFO

PVH Corp appoints Zac Coughlin as CFO

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

PVH Corp, the owner of the Tommy Hilfiger and Calvin Klein brands, has announced the appointment of Zac Coughlin as executive VP and CFO, effective 4 April, 2022.

In this role, he will report to Stefan Larsson, PVH CEO, and will have responsibility for all finance functions.

Coughlin joins PVH from DFS Group Limited, a subsidiary of LVMH Group, where he served as Group CFO and chief operating officer. Prior to joining DFS, Coughlin was CFO at Converse, Inc., a division of Nike, Inc., supporting its global business spanning wholesale, retail and eCommerce.

Coughlin started his career with Ford Motor Company where he held multiple global financial leadership roles. While there, he worked on the ground in a number of international markets in Asia and Europe.

Larsson said: “Zac brings over 20 years of high performance financial and operational leadership with best-in-class global companies. His deep strength in financial management and consistent track record of value creation has been built on his strong business acumen, operational capabilities and ability to cut through complexity.

“Zac’s leadership will be an important addition to our management team as we set out to build PVH’s next growth chapter.”

Coughlin added: “I am thrilled to be joining PVH at this exciting time. I look forward to working with Stefan and the full PVH team to build out and execute the next chapter of growth for the company, drive sustainable, profitable growth, and build on the strength of its people and iconic brands.”

Jim Holmes, currently Interim CFO, will continue in his role as executive VP, Controller when Coughlin joins the company.

Larsson said: “I’d like to thank Jim for his seamless leadership and many strong contributions while serving as Interim CFO. We are extremely pleased that he will continue in his role as controller and a key member of the PVH Finance leadership team.”

Previous Post
Retailers cancel £7.1bn in contracts over ethical concerns

Retailers cancel £7.1bn in contracts over ethical concerns

Next Post
CMA designates Amazon as a grocery retailer to ‘protect suppliers’

CMA designates Amazon as a grocery retailer to ‘protect suppliers’