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Escada's CEO to step down

Escada's chief executive officer officer Glenn McMahon is set to step down from his role on July 31, after a short 7 month tenure. His departure is said to be due to personal reasons, reported WWD. Chief operating officer Jörg Wahlers will act as CEO in the interim as Escada begins its search for a new chief executive. Wahlers joined the German...

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People

Escada taps Glenn McMahon as CEO

German fashion house Escada has appointed Glenn McMahon as its new chief executive officer, effective as of next month. McMahon will succeed the label's former CEO, Bruno Sälzer, who exited the company last month to take on a new challenge as chief executive of British fashion label Bench. He will be based at Escada's head office in Munich and...

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