Lacoste fires its CEO

Lacoste dismissed CEO Éric Vallat last week, just before the fashion show during Paris Fashion Week. Thierry Guibert is once again taking the helm at the French luxury lifestyle brand.

Company sticks to its course

Lacoste confirmed the leadership change to the Reuters news agency. Guibert had been at the helm for ten years before Vallat’s arrival and also leads Maus Frères, Lacoste’s Swiss parent company.