Sunspel Faucets Zegna Veteran Raul Verdicchi as CEO

Zegna veteran Raul Verdicchi has been named the brand new chief government officer of the British trend label Sunspel.

Nicholas Brooke, firm proprietor and CEO of Sunspel since 2005, will stay government chairman.

A Bocconi College alum, previous to Sunspel, Verdicchi served as chief business officer at AlphaTauri. Earlier than that, he spent greater than 12 years working on the Zegna Group, transferring from chief monetary officer of Spain and Portugal to CFO of Japan, Korea and Mongolia, to basic supervisor of South Korea to finally regional director of Western Europe till his departure in 2021.

Earlier than formally coming into the luxurious sector, Verdicchi labored in audit and technique consulting for Deloitte and Accenture, respectively, the place he specialised within the luxurious and trend sectors.

With regard to his new function, Verdicchi stated he’s excited to hitch a model that comes with “a singular story of British craftmanship relationship again to 1860, that has demonstrated a pioneering and courageous spirit all through its lengthy life.”

“The truth that Sunspel is related to a few of menswear’s most iconic kinds such because the T-shirt, polo shirt, and boxer shorts and continues to be primarily based within the manufacturing unit that it has occupied since 1937, makes it very particular,” he added.

Verdicchi acknowledged that the model “has undergone clever and constant development in recent times” to turn out to be a global, multichannel, luxurious casualwear model, with formidable plans for vital future development.

“I look ahead enormously to telling this model’s lovely story and to accelerating its growth worldwide,” he added.

Brooke, who acquired Sunspel with Dominic Hazlehurst in 2005 from the descendent of name founder Thomas Hill, stated Verdicchi’s intensive expertise within the luxurious and trend trade notably in worldwide enterprise improvement mixed together with his appreciation for product high quality and understanding of manufacturers makes him “ideally suited to drive the subsequent section of Sunspel’s development.”

In accordance with Corporations Home filings, the model logged a internet turnover of 18.4 million kilos within the fiscal yr that ended on Jan. 31, 2022, representing a 20.2 % improve year-over-year. Gross revenue within the interval elevated by 21.4 % to 11.9 million kilos in comparison with a yr prior.

Final yr, the model launched a capsule assortment impressed by males’s clothes with Edie Campbell. The British mannequin stated Jarvis Cocker, Harry Wormwood (Danny DeVito’s character in “Matilda”), and David Bowie have been the muses she appeared to when designing the items.