Gant has appointed Patrik Söderström as new chief executive officer starting February 1 of next year. The executive until now held the position of vice president of global markets and sales.
The appointment of Söderström comes after Brien Grevy, current chief executive officer of the company, announced his resignation last October to return to German sportswear Adidas. Söderström joined Gant in 2016, after holding the position of general manager of Luxottica for northern Europe. Prior to that, he had positions in Reebok and Levi Strauss.
His understanding of how to lead the commercial business and channel landscape and navigate in today’s rapidly changing retail environment, while having an understanding of the power of the brand has already proved invaluable to Gant’s growth. Looking ahead, his passionate leadership will be vital for Gant’s future growth.
Gant was founded in 1949 by Bernard Gantmacher and his children Marty and Elliot. The company has 600 directly operated stores in seventy markets around the world, in addition to having a presence in 4,000 multibrand stores and corners in department stores. The company’s revenue is around 1 billion dollars.