Fashion News: Michelle Ochs To Exit Cushnie et Ochs
Carly Cushnie and Michelle Ochs at their fall 2018 runway show.
UNITED STATES — American fashion house Cushnie et Ochs was founded in 2008 by Carly Cushnie and Michelle Ochs, upon their graduation from Parsons School of Design. In 2015, it was announced that the two designers sold a minority stake in their label, Cushnie et Ochs, to an investor group led by private equity firm Farol Assent Management and during that same time, they also hire Peter Arnold as their new CEO (see it here)
In recent news, DM Fashion Book could confirm that Ochs and Arnold are exiting the brand.
After being in business for 10-years, Cushnie and Ochs, cofounders and designers of Cushnie et Ochs, are parting ways. In more shaking news, at two years, the company’s CEO, Arnold, is also leaving. Cushnie will assume the CEO responsibilities until a successor is named.
According to sources close to the company, it is believed that the Cushnie and Ochs’ relationship had run its course and came to a natural end.
“Over their decade-long partnership, Carly Cushnie and Michelle Ochs have created a vibrant brand, unique in its bold sensuality and minimalist sophistication. As we plan for the next decade, we are realigning our organization with Carly at the helm of our leadership team, while seeking a new ceo from the marketing and merchandising world, who can further accelerate the expansion of our brand,” said a company spokeswoman. “Michelle has played an instrumental role in the creation and growth of the brand, and we wish her every success. We also thank Peter for his important contributions.”
The executive committee determined that streamlining the organization under Cushnie and seeking a new leader from the marketing/merchandising world would best position the company for its future growth.
Today, the brand sells at such retailers as Neiman Marcus, Saks Fifth Avenue, Intermix, Shopbop and Net-a-porter.
Photos Credit: Stephen Lovekin/WWD/REX/Shutterstock