On May 26, French fashion label Isabel Marant announced the appointment of Catherine Jacquet as its new Managing Director and CEO. Following the transition, current Managing Director Anouck Duranteau-Loeper is set to step down in June after nearly a decade leading the company.
Summary
- Isabel Marant appoints Catherine Jacquet as new Managing Director and CEO
- Anouck Duranteau-Loeper will step down in June after nearly 10 years with the company
- Jacquet previously served as COO of Fear of God and Managing Director of Lemaire
- Under Montefiore Investments, the brand enters its next phase of growth
- Industry speculation continues around Duranteau-Loeper potentially joining Saint Laurent
Most recently, Jacquet served as Chief Operating Officer of Los Angeles-based luxury label Fear of God. Prior to that, she held the role of Managing Director at Paris-based brand Lemaire. Throughout her career, she has also held senior management positions at Courrèges, Sonia Rykiel, Paco Rabanne, and Maison Michel Paris.
A graduate of Institut Français de la Mode, Jacquet began her career in product development and marketing at Naf Naf and Levi Strauss & Co., later building extensive executive experience within the luxury fashion sector.
Commenting on the appointment, founder Isabel Marant stated: “She is an experienced executive who perfectly understands our DNA, and has a clear vision of how to fully exploit the company’s potential.”
Henri Topiol, Chairman of the Supervisory Board, also praised Jacquet’s leadership credentials, stating: “Catherine combines deep knowledge of the luxury market, significant operational expertise and hands-on experience in key international markets. We are convinced that she is the right leader to support and accelerate Isabel Marant’s next phase of development.”
He additionally thanked outgoing executive Duranteau-Loeper for “her contribution to the company’s development over these past 10 years.”
Jacquet also shared a statement regarding her new role: “It is a huge honour for me to join Isabel Marant as managing director. I have long admired the label’s unique heritage and distinctive identity. I will be delighted to work with Isabel Marant’s talented staff, writing the next chapter of the company’s history.”
Meanwhile, industry sources have suggested that Duranteau-Loeper could potentially join Saint Laurent following her departure, although no official title or start date has been confirmed at this stage.
Currently, Isabel Marant operates under French investment firm Montefiore Investments, which acquired a majority stake in the company in 2016. In 2023, the brand also introduced a refreshed logo as part of its broader global growth strategy.
Financially, reports indicated that the company’s sales declined 17% year-over-year during the first nine months of fiscal 2024. However, annual revenue is still expected to remain above €200 million. Montefiore Investments had previously outlined ambitions to grow the brand toward €500 million in annual revenue by 2026.
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