French fasion company Lacoste has appointed Thierry Guibert, former head of Conforama, as its new CEO. José-Luis Duran, his predecessor at Lacoste, will leave the well-known fashion brand with the crocodile logo.
Duran had only been Lacoste's CEO since 2013, but has now decided to move on, to focus on "other, personal projects", but it is unclear whether he has left voluntarily or has been cast aside.
The new CEO, has worked for several large companies, like Fnac, Kering and Conforama. He has received plenty of credit for his work at Conforama, helping the company grow in a furniture market that has been in decline for three years running.