Connect with us

Hi, what are you looking for?

Jewish Business News


Marc Jacobs makes changes at the top as it looks to its IPO

Marc Jacobs International has appointed Sebastian Suhl its new CEO

Marc Jacobs / Getty


High fashion firm Marc Jacobs International has appointed Sebastian Suhl its new CEO. The move comes as the company is working on a plan for its IPO.

The clothing producer’s parent company, Louis Vuitton, transferred Suhl from its other subsidiary, the French Fashion House Givenchy, where he had served as CEO since March 2012. Suhl replaces Bertrand Stalla-Bourdillon who had been the CEO since 2006.

It is hoped that Suhl will succeed at improving sales for both the Marc Jacobs and By Marc Jacobs brands the same way he did for Givenchy.

Sebastian Suhl was born in New York City and holds a Masters in Business Administration from Esade in Barcelona in 1992. He started out as a senior auditor with Deloitte & Touche in Barcelona and worked as the CEO of the Asia Pacific & China for the Prada Group,  when there he worked on its successful IPO in 2011.

Marc Jacobs is also looking to take advantage of his expertise in that area for its own IPO. The company was said to have been specifically looking for an American to fill the post.


Sebastian-Suhl - new Marc Jacobs CEO

Marc Jacobs International, L.L.C. is designer and retailer of apparel and accessories for men and women in the United States and internationally. It offers ready-to-wear clothes, leather goods, accessories, fragrances, bags, shoes, and cosmetics. The company was founded in 1984 and is headquartered in New York City. Marc Jacobs International, L.L.C. operates as a subsidiary of LVMH – Louis Vuitton.

There are 285 Marc Jacobs retail stores, including Marc by Marc Jacobs and Marc Jacobs Collection, in 60 different countries. The Marc Jacobs Global flagship store in China opened this year.

The company has an estimated $1 billion in global sales.

Marc Jacobs, 51, was born into a secular Jewish family in New York. A graduate of the High School of Art and Design in 1981, he studied at the Parsons School of Design in New York.

The fashion designer’s big break came when he won the Perry Ellis Gold Thimble Award, Chester Weinberg Gold Thimble Award, and Design Student of the Year Award, all while still 21.

Last year, Marc Jacobs announced he was stepping down from his position as head designer for Louis Vuitton after 16 years, in order to concentrate his efforts at improving his own clothing line.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...


Now Platika joins and elite club of $10 billion plus Israeli firms.

cialis cialis satış