Paris — French sportswear company Lacoste announced Monday that it has appointed Philippe Gauthier as executive vice president of global finance.
The executive will report directly to the company's chief executive, Thierry Guibert, and will replace Denis Lamoureux, who has held the role since 2017 and is retiring from the group.
Guibert, who is also CEO of Lacoste's parent company MF Brands Group, highlighted Gauthier's “deep knowledge of the fashion and lifestyle sector, extensive international experience and strong skills in executing major projects, especially in supply chain and IT.” did.
Mr. Gauthier, a graduate of France's elite business school HEC, most recently served as chief financial and operational officer of Waldencast, the parent company of Milk Makeup and Obagi Skincare.
Prior to this, the executive served as Group Chief Financial Officer of food technology conglomerate Selecta for two years and Group Chief Financial and Operations Officer of apparel group SMCP for five years, where he played a key role in the internationalization of the Group's brands. I accomplished it. Especially in China and the US. He oversaw the acquisition of menswear brand De Fursac and Euronext.He managed the group's initial public offering in Paris.
Gauthier also spent more than 10 years in various roles at Kering Group, joining the company in 2003 as brand CFO and group finance director of online fashion and home furnishings retailer Redcats. He then served as COO and CFO of Puma for five years, and lastly served as CFO of Sergio Rossi until 2015.
Lacoste, which celebrated its 90th anniversary last year, returned to the Paris Fashion Week runway on March 5th at 4pm with the official debut of creative director Pelagia Kolotouros.