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From singer to boutique owner
The center is expected to shorten product cycles by having the design and production departments work together more closely from the outset. Chairman Michael Kowalski, a year Tiffany veteran serving as interim chief, defended the company's wide range of prices and styles. The Frenchman had been hired two years earlier to boost growth and refresh the company's image. Krakoff, who had been working for the company as a consultant, to the chief artistic post until January, after the contract was signed, the people said. Cumenal navigate board relationships, but acknowledged there "was a natural ebb and flow of tensions around that. Enter a city, state or zip code Cumenal presented a three-year strategic plan in the fall of that didn't forecast much improvement, according to people familiar with the situation. Krakoff in the artistic post, according to people familiar with the situation. Cumenal's decision to dial back the use of Tiffany's signature blue, which he felt had become over used. MarketWatch Partner Center. Cumenal to replace him after 16 years as CEO, said in an interview at the company's New York headquarters that some of the legacy styles, including collections by Jean Schlumberger and Elsa Peretti, continue to be best sellers. This Item has been removed. Cumenal ruffled feathers by recruiting outsiders, including a former Cartier executive to head international operations and a former Saks Fifth Avenue executive to oversee the Americas, as well as Mr. Instead of congratulating Chief Executive Frederic Cumenal on his effort to update the face of the year-old jeweler, the board of directors had surprising news -- he was out.
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