Cath Kidston names Martha Wikstrom as non-executive director
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London - Lifestyle retailer Cath Kidston has named former Richemont CEO, Martha (Marty) Wikstrom as a non-executive director.
She brings with her over 30 years of fashion industry experience to the company. She is a founding partner of Atelier Fund Management, a private equity firm which specializes in the acquisition and development of luxury labels as well as a former CEO of Richemont Fashion and Accessories, a role she held from 2009 to 2013.
Her appointment at Cath Kidston, which first began September 1, comes not long after Baring Asia acquired an controlling stake in the lifestyle brands from TA Associates and the departure of the retailer's former chairman Paul Mason. The appointment signals the brand's ongoing development, which sees Cath Kidston opening it first store in India.
At the moment Wikstrom currently sits on the boards of Farrow & Ball, Fortnum & Mason, Johnstons of Elgin and the Rug Company. In addition, she is also an non-executive director at Space NK and Bally International. Wikstrom first cut her teeth at US retailer Nordstrom, where she started out a sales assistant before climbing up the ladder to become President of Nordstrom's full line store group Later on she went on to serve as managing director of Harrods as well as board director of Harrods Holdings, Harrods Estates and Kurt Geiger.