Latest news with #Derner
Fashion Network
a day ago
- Business
- Fashion Network
Authentic Brands appoints Amazon executive to lead marketplace growth
Authentic Brands Group (ABG), one of the most active global players in fashion brand acquisitions in recent years, has just named a new head of marketplaces: Tim Derner. The seasoned executive officially stepped into the role in early June, following a 13-year tenure at Amazon. Derner previously led Amazon Fashion and its Luxury Stores division, where he played a key role in expanding the platform's brand portfolio. During his time at Amazon, he helped bring major ABG-owned labels—including Reebok, Brooks Brothers, Eddie Bauer, and Aéropostole—to global digital audiences. Under Derner's leadership, Amazon Fashion experienced significant growth. In a message to colleagues upon his departure, he reflected on milestones such as onboarding heritage brands like Coach, Michael Kors, Kate Spade, Champion, Victoria's Secret, Tommy Hilfiger, Calvin Klein, and Shein. He also helped launch the Luxury Stores offering with names like Dolce & Gabbana, Balmain, Stella McCartney, and Off-White. 'I'm also proud to have helped bring Nike back to Amazon before I left,' he noted. At ABG, Derner is tasked with strengthening the group's global distribution channels by expanding marketplace partnerships, enhancing brand reach, and driving value across platforms. He reports to Matt Maddox, president of ABG, and will work closely with chief digital officer Adam Kronengold and Jarrod Weber, president of the sports and lifestyle division. 'Marketplaces are a critical engine for long-term brand growth,' said Maddox. 'Tim's experience in building high-performance teams and scaling marketplace operations globally makes him the ideal leader to elevate our capabilities. His appointment marks a pivotal moment in turning this channel into a cornerstone of our global distribution strategy.' Derner's arrival is expected to help ABG sharpen its international approach by tailoring global strategies to meet local market needs. ABG, recognized for its licensing expertise, holds the rights to around 50 brands. Its portfolio spans both premium names—such as Barneys New York, Vince, Neiman Marcus, and Saks Fifth Avenue—and mainstream labels like Quiksilver, Billabong, Sperry, Hunter, and Ted Baker. The company works with producers and distributors to scale these brands across markets and claims to generate over $32 billion in annual retail sales.
Fashion Network
a day ago
- Business
- Fashion Network
Authentic Brands appoints Amazon executive to lead marketplace growth
Authentic Brands Group (ABG), one of the most active global players in fashion brand acquisitions in recent years, has just named a new head of marketplaces: Tim Derner. The seasoned executive officially stepped into the role in early June, following a 13-year tenure at Amazon. Derner previously led Amazon Fashion and its Luxury Stores division, where he played a key role in expanding the platform's brand portfolio. During his time at Amazon, he helped bring major ABG-owned labels—including Reebok, Brooks Brothers, Eddie Bauer, and Aéropostole—to global digital audiences. Under Derner's leadership, Amazon Fashion experienced significant growth. In a message to colleagues upon his departure, he reflected on milestones such as onboarding heritage brands like Coach, Michael Kors, Kate Spade, Champion, Victoria's Secret, Tommy Hilfiger, Calvin Klein, and Shein. He also helped launch the Luxury Stores offering with names like Dolce & Gabbana, Balmain, Stella McCartney, and Off-White. 'I'm also proud to have helped bring Nike back to Amazon before I left,' he noted. At ABG, Derner is tasked with strengthening the group's global distribution channels by expanding marketplace partnerships, enhancing brand reach, and driving value across platforms. He reports to Matt Maddox, president of ABG, and will work closely with chief digital officer Adam Kronengold and Jarrod Weber, president of the sports and lifestyle division. 'Marketplaces are a critical engine for long-term brand growth,' said Maddox. 'Tim's experience in building high-performance teams and scaling marketplace operations globally makes him the ideal leader to elevate our capabilities. His appointment marks a pivotal moment in turning this channel into a cornerstone of our global distribution strategy.' Derner's arrival is expected to help ABG sharpen its international approach by tailoring global strategies to meet local market needs. ABG, recognized for its licensing expertise, holds the rights to around 50 brands. Its portfolio spans both premium names—such as Barneys New York, Vince, Neiman Marcus, and Saks Fifth Avenue —and mainstream labels like Quiksilver, Billabong, Sperry, Hunter, and Ted Baker. The company works with producers and distributors to scale these brands across markets and claims to generate over $32 billion in annual retail sales.
Fashion United
3 days ago
- Business
- Fashion United
Authentic names former Amazon executive as new global head of marketplaces
New York-based Authentic Brands Group (Authentic), a brand development and licensing platform, has appointed former Amazon executive Tim Derner as global head, marketplaces to drive marketplace growth across Authentic's portfolio of brands. Derner joins Authentic with over a decade of leadership experience at Amazon, where he most recently served as director of Amazon fashion and luxury stores. During his tenure, he played a pivotal role in transforming Amazon Fashion into the world's largest fashion retailer. In a statement, Authentic adds that Derner has partnered closely with the group over the past few years through his role at Amazon to significantly expand the online presence and retail sales of its brands, such as Reebok, Brooks Brothers, Eddie Bauer, and Aéropostale in Amazon stores. In his new position at Authentic, Derner will spearhead the expansion of Authentic's global distribution strategy, with a focus on strengthening partnerships, accelerating brand reach and driving incremental value across platforms. Authentic looking to drive marketplace growth with new appointment He reports to Matt Maddox, president, working closely with Adam Kronengold, chief digital officer, and Jarrod Weber, global president, sports and lifestyle, 'to drive innovation and scale Authentic's brands across key markets'. Commenting on the appointment, Maddox said: 'Marketplaces are a critical engine for long-term brand growth. Tim's track record of building high-performing teams and scaling digital marketplaces worldwide makes him the ideal leader to deepen our capabilities in this space. His appointment marks a significant step in making this channel a cornerstone of our global distribution strategy.' Authentic adds that its investment in its marketplaces division underscores its commitment to 'a diversified, omnichannel approach that connects powerful brands with consumers worldwide' and it thinks that Derner can help drive the group's commitment to unlock new market potential for its brands. Derner added: 'Authentic has built an unparalleled portfolio, and there's an incredible opportunity to reimagine how iconic brands show up on global marketplaces. 'We're just scratching the surface of what's possible when great brands are optimized for discovery and conversion at scale, and I'm thrilled to help build on that momentum through world-class marketplace execution.'
