G-III Apparel Group Ltd. announced Thursday that Victor Herrero has been elected as a member of the board of directors.
Morris Goldfarb, G-III’s chairman and CEO, said, “We are extremely pleased that Victor has joined our Board. As we continue to expand our operations internationally, we look forward to benefiting from Victor’s significant expertise developed by his diversified apparel and accessory experience in North America, Europe and Asia.”
Herrero was most recently the CEO and a Director of Guess Inc., a global lifestyle brand. Prior to joining Guess, Herrero spent more than 12 years at Inditex Group in several senior executive roles and rose to become the head of Asia Pacific where he was responsible for all aspects of Inditex’s Asia business for all brands. Herrero is currently a non-executive director of Coppel SA, Global Fashion Group and Clarks.
Upon his appointment, Herrero said, “I am thrilled to join G-III at this exciting time for the company. With G-III’s portfolio of global power brands, DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld, I look forward to leveraging my experience and expertise to help contribute to the future success of the company as it continues to grow and seeks to become a dominant global apparel and accessories supplier.”
Additionally, Allen Sirkin decided not to stand for reelection. The board will continue to consist of 11 members.
