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Fashion Update: Lucky Brand CEO joins denim icon Guess

Lucky Brand, an American denim company, has announced that its Chairman & CEO Carlos Alberini is leaving the company. He will be joining Guess Inc. again where he was previously the Chief Operating Officer from 2000 to 2010.

Alberini will replace Victor Herrero on February 2.

“I am very excited to have Carlos coming back as CEO at Guess. He was instrumental in building the international business in Europe and Asia during his 10-year tenure with the company,” said Maurice Marciano, who will be acting as interim CEO.

Lucky Brand has also established an “Office of the CEO” in interim, comprising three Lucky Brand Senior Executives: Nigel Kershaw, Chief Financial Officer; Mike Relich, Chief Operating Officer; and Lexi Tawes, Acting Chief Product Officer.

The Los Angeles company was founded in 1990 and has over 250 locations in North America, 15 of which are located in Canada.

Meanwhile, Guess has announced that its co-founder Paul Marciano, who resigned as chairman of the apparel company last year amid sexual-harassment allegations, will finally stay on as Chief Creative Officer.

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