Jil Sander CEO Serge Brunschwig Steps Down Amid Strategic Shift

A new turnaround in Jil Sander’s management. The luxury women’s company, which is part of the brand portfolio of the Italian group Only The Brave (OTB), owner of companies such as Diesel or Margiela, says goodbye to its CEO, Serge Brunschwig. With this move, the executive also leaves his responsibility as strategy director of the conglomerate.

Brunschwig’s arrival at the company has been brief. It was made public at the beginning of the year, and will be completed this Thursday. He replaced Luca Lo Curzio, who had left his position at the end of November. The decision would be justified by personal reasons, according to WWD.

Brunschwig thanked his team for the work done and said that, together, they had prepared the company for its next stage.

For the time being, Ubaldo Minelli will take over Brunschwig’s responsibilities to “guarantee strategic and operational continuity, while respecting the company’s objectives and commitments”.

Brunschwig is grateful for the work done and claims to have prepared the company for its next stage

Until his departure in May last year, Brunschwig held a similar position within French giant LVMH. Prior to that, he had been CEO of Fendi, until 2018.

Prior to joining Fendi, the executive spent part of his career at Dior, as CEO of the men’s line since 2015. Previously, Brunschwig also held the position of president and CEO at Celine and Louis Vuitton. The executive’s entry into the fashion sector materialized precisely with this company, when in 1995 he joined as president of Louis Vuitton’s Asia Pacific business.

In its last full year, the Italian conglomerate closed 2023 with a 7% increase in sales, which stood at €1.9 billion. Pending the publication of its results for the current financial year, OTB’s forecasts are for a turnover of €3 billion.