Macy’s appoints Olivier Bron as new CEO of Bloomingdale’s

American retailer Macy’s Inc. named Olivier Bron as the head of its department store affiliate Bloomingdale’s, reports MarketWatch.

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Macy’s appoints Olivier Bron as new CEO of Bloomingdale’s © The Strategist

Bron will take on his new responsibilities in early November after Tony Spring, who left Bloomingdale’s in March to become president and CEO of Macy’s after a 36-year career.

Previously, Bron served as the Chief Operating Officer and Chief Strategy Officer at Galeries Lafayette, a French luxury stores chain, and worked at Central Department Store and Robinson Department Store chains located in Thailand.

Compared to the S&P 500 index, Macy’s capitalization has decreased by 44.5% since the year 2023.

source: marketwatch.com

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