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The global fashion business journal

26 Jun 201914:18

Neiman Marcus sings a former Boston Consulting Group to lead transformation

The executive will set off the strategies designed by Geoffroy van Raemdonch, former Ralph Lauren executive, who is leading the United States group since last January.

19 Nov 2018 — 17:30
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Neiman Marcus sings a former Boston Consulting Group to lead transformation

 

 

The group Neiman Marcus keeps on reshaping itself. The United States company of department stores has named Katie Mullen as chief transformation officer, a position of brand-new creation.

 

The executive comes from Boston Consulting Group, company which in the last years has acted as a consultant for Neiman Marcus throughout the launch of several projects. Now, from her new position, Katie Mullen will be in charge of materialising the company’s transformation strategy and the take off of several initiatives.

 

Mullen left Boston Consulting Group last October after more than nine years in the consultancy company. During her stay, she managed the design and implementation of growth programs, innovation and transformation of business models for several companies specialised in the fashion business.

 

 

 

 

In that way, Neiman Marcus continues with its restructuration process led by Geoffroy van Raemdonck, former Ralph Lauren executive, who joined the group in January as CEO. Last April, the company named Adam Orvos as new chief financial officer. His predecessor, Dael Stapleton, is still working for the group.

 

In the first semester of the current fiscal year, Neiman Marcus registered a positive net result for the first time since 2015. The company had earnings valued in 346.3 million dollars (281 million euros) during the first six months of 2018. The figure contrasts with net losses of 140.6 million dollars (114.1 million euros) scored during the same period last year.

 

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