Alexander Wang Steps Down As CEO Of His Namesake Label; Lisa Gersh & Stephanie Horton Are On Board

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NEW YORK— Taiwanese–American fashion designer Alexander Wang just stepped down as CEO of his namesake label.

In June 2016, DM Fashion Book reported that the designer and founder of his namesake label took on the roles of CEO and chairman while remaining creative director of his 12-year old company, Alexander Wang Inc. (see it here).

15 months later, it was announced that Wang will be stepping down from the role, effective immediately. He’ll be succeeded by former Goop head Lisa Gersh, who most recently served as CEO at the Gwyneth Paltrow-founded lifestyle brand. Wang, who founded the label in New York City in 2005, will remain creative director and chairman of Alexander Wang, Inc.’s board of directors, which Gersh will also join.

In a statement, Gersh said: “I am honored and excited by the opportunity to help Alex shape this remarkable company. the Alexander Wang brand has always represented style, innovation, and an extraordinary standard of quality and excellence. I’m looking forward to working with Alex and the rest of the team to build on his foundation, and to continue to delight customers with our products and creative vision.”

The company has also appointed Stephanie Horton to the newly created position of chief strategy officer, joining Alexander Wang, Inc. from Farfetch, where she was chief marketing officer. At Farfetch, Horton led the luxury e-commerce giant’s global marketing strategy, aiding the e-tailer’s worldwide expansion into countries like China and Russia and regions like the Middle East.

Photos Credit: Yannis Vlamos/Indigitalimages.com

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.