Fashion Consumer Products Insights in the Media
Members of the E.A. Hughes team are citizens of the fashion consumer products and other industry sectors we serve. And, with more than 50% of our searches at the CEO/COO/President level, we have a unique understanding of the people who make up the industry’s senior management teams. As such, not only do top retail sector companies reach out to us as business partners, industry and business media regularly seek us out for candid comment and insight on the changes and challenges facing the global marketplace.
Excerpt from Forbes, August 7, 2018
“Mesrobian’s tech experience, particularly from Expedia, which has a lightning response to all inquiries regarding their services, is what retail needs to harness: quick response in all aspects—customer facing, as well as the operational piece, such as [product] sourcing and delivery,” she told me.
And while it might seem counterintuitive, Hughes says Mesrobian’s hospitality and grocery retail background is a plus for Nordstrom.
“The traditional retailers have been late to the accelerating technology platforms; they haven’t made the investment,” she said. “Even though the food retailers are managing a lower-margin business, they have been doing a better job, particularly Tesco, which rivals Walmart.”
Article by Barbara Thau
Excerpt from WWD, May 23, 2018 http://wwd.com/business-news/retail/penneys-ceo-departs-1202679192/
“Marvin is leaving behind a good team of people in the office of the chairman to sustain the business until they find a new leader. It’s a solid office of the chairman with executives with skills that complement each others,” observed Elaine Hughes, founder and ceo of E.A. Hughes executive search. “There’s a good 50-50 chance the new ceo comes from outside the industry and it’s a person who knows they’re not in line to be the next chairman or ceo of the company they are with.”
Article by David Moin, May 23, 2018
E.A. Hughes & Co. has been named to the Forbes Best Executive Recruiting Firms List for 2018 as the 11th Best Executive Recruiting firm in the US.
E.A. Hughes Appoints Bob Marchant as Vice President
“Patience pays off, and after knowing of Bob and his unique consultative abilities for many years I am very happy that he decided to join the E.A. Hughes family”, said Elaine Hughes, CEO of E.A. Hughes & Co. “Our consultative search practice has inspired the trust and confidence in those who have worked with us, both clients and candidates. Bob has always conducted his projects the same way. As a former competitor, I have observed that, which is why I know he is such a valued addition to our team.”
Mr. Marchant brings more than 20 years of experience and leadership to the retail, fashion and consumer industries. He shifted from a 15-year career in retail to executive search based on his depth of expertise across the retail enterprise and his consultative approach. He has extensive experience recruiting across a broad range of disciplines including marketing, supply chain, merchandising, finance, operations, creative and sales. Mr. Marchant also brings a depth of functional experience in the digital world in both e-commerce extensions of brick and mortar companies and pure-play organizations.
Prior to joining E.A. Hughes & Co., he was a partner in the retail/consumer practice at DHR International. Before that, he was a principal at Korn Ferry and worked with two other Los Angeles-based boutique search firms. Prior to his career in executive search, Mr. Marchant held leadership positions in the retail sector with Cost Plus World Markets and Mervyn’s Department Stores.
Mr. Marchant’s clients are based throughout the U.S. and include both public and private equity-sponsored retailers and consumer-facing brands that range from leading Fortune 500 multi-channel organizations to mid-tier companies and start-up enterprises. His track record in executive search is built upon maintaining long-term client partnerships. Mr. Marchant’s clientele has included Disney, PetSmart, Zulily, Family Dollar Stores, the Finish Line, NYX Cosmetics, MGA Entertainment, Focus Brands, Floor & Décor, Vans, Westfield Corporation and Forever 21.
“I have known Elaine for many years as a respected leader in the executive search community and a formidable competitor,” said Mr. Marchant. “Their success is based on integrity, access to the best talent in the market and providing outstanding client service with attention to detail. I am really pleased to be joining the talented E.A. Hughes team.”
Founded in 1991 by Ms. Hughes, E.A. Hughes & Co. serves clients in the retail and consumer apparel, home furnishings, beauty, digital, e-commerce, footwear and other industries. The firm is based in New York City.
According to Elaine Hughes, founder and chief executive officer of executive search firm E.A. Hughes & Co., “The cfo is the financial ‘consigliere’ and strategist to the ceo as well as to the board. The job requires a new level of sophistication.”
Excerpt from WWD.com – August 22, 2017
Article by: Vicki M Young (paid subscription required)
What to Watch: The CFO Rotation
Excerpt from WWD, May 18, 2017ralph-lauren-talks-partnership-naming-new-ceo
“But Elaine Hughes, chief executive officer of E.A. Hughes, an executive search firm, was positive about Louvet’s hiring.
“The good news for most of these package goods people, the shift has happened where branding is so important, and they’re experts at that. They understand how to develop sustainable brands, more so than these flash-in-the-pan brands. The other thing is they’re all trained far better, coming out of packaged goods, in leadership and development of organizations with succession planning leadership, moreso than people who have historically come out of the wholesale or even the retail business,” she said. Packaged goods executives understand the need to collaborate with many groups of people to initiate their businesses, she said.
Hughes observed that many people who have grown up in the wholesale and particularly the U.S. domestic retail business don’t have a global point of view. “Any company, whether it’s a Ralph Lauren or the vertical retailers today, needs individuals with truly a global point of view in order to sustain their businesses. We’re still in an over-stored and over-brand environment here, and the only uptick to the businesses is an international expansion.
“The ones that don’t have that international experience, many times there are missteps in their execution overseas. They won’t have the sense of the cultural innuendos,” she said. “The hiring of Patrice is a very positive step for the Ralph Lauren organization,” said Hughes, who noted that Lauren has had terrific partnerships in the past, whether it was Peter Strom or Roger Farah.”
Article by Lisa Lockwood and Bridget Foley with contributions from Allison Collins
Ralph Lauren Talks ‘Partnership’ in Naming New CEO