Revolution and Revolving Doors in the Fashion Industry

Revolution and Revolving Doors in the Fashion Industry

Source: WWD

Summary

Donald Kholer, CEO of PVH Americas, is leaving the company to return to Gap Inc. as president and CEO of Banana Republic. Kholer previously worked at Gap Inc. before joining PVH in 2019. His new role at Banana Republic will begin in early 2023. This marks a return to the company where he spent over a decade in various leadership roles.


Our Reading

The trend returns with a new name. Revolving doors in the fashion industry bring familiar faces back to familiar places. Donald Kholer’s return to Gap Inc. as president and CEO of Banana Republic is a reminder that the fashion world is small and cyclical. Kholer’s previous tenure at Gap Inc. and his subsequent departure to PVH Americas only to return to Gap Inc. is a familiar story in the industry. The fashion world’s favorite game of musical chairs continues.


Author: Evan Null