AllSaints CEO William Kim has announced his departure from the British contemporary fashion brand to join Lion Capital, the brand’s parent company. Kim’s tenure at AllSaints dates back to 2012, when the brand was acquired by Lion Capital in a deal worth £105m. Lion Capital, known for its investments in luxury brands like Buscemi and John Varvatos, is set to welcome Kim to head their digital investment division.
Prior to his time at AllSaints, Kim held senior positions at prestigious fashion houses including Burberry, Gucci, and Abercrombie & Fitch. His successor at AllSaints, Peter Wood, who has been serving as the chief operating officer, will now step into the role of CEO. Wood, a veteran of AllSaints since 2010, has held various key positions within the company, including CFO and interim CEO.
During Kim’s leadership, AllSaints saw a significant rise in profits, totaling £28.5m last year—a notable 18% increase from the previous year. With operations spanning across 22 countries, the brand is eyeing further expansion in the near future. With Wood at the helm, AllSaints is in a strong position to drive continued growth and success in the fiercely competitive fashion industry.
For more information on Lion Capital, visit their website here. To explore AllSaints’ latest collections and updates, click here.
