Penrhyn Launches Global Consumer, Retail and Luxury Practice Group
November 27, 2018 – Penrhyn International, a global network of executive search firms, has launched a global consumer, retail and luxury practice group.
It will be led by Cynthia Labonté, partner at Leaders International, a pan-Canadian executive search firm.
This new practice comprising prominent search experts in the consumer, retail and luxury goods field was created to help dynamic organizations find senior leaders with the ability to drive innovation, create sustainable growth and adapt to rapid and constant change, Penrhyn said.
The group has executive search specialists across Canada, the U.S., U.K., Austria, France, Denmark, Belgium, Singapore and Australia.
“Penrhyn’s global reach combined with our extensive knowledge and expertise in the consumer, retail and luxury field means we can provide industry-leading search professionals who can support businesses to build highly effective leadership teams in today’s competitive markets,” said Michael Herst, chairman of Penrhyn.
These are challenging times for the consumer, retail and luxury sector as it strives to create seamless shopping experiences and adapt to advances in technology, said Ms. Labonté. “To successfully compete on the global stage, companies need robust digital strategies and strong brands,” she said. “Businesses need to act quickly to find leaders who thrive on digital innovation, can master data analytics and understand how it translates to consumer behavior.”
“While retailers face the challenge of adapting to the new reality of e-commerce and digital innovation, our consumer, retail and luxury sector specialists understand the qualities that senior leaders need in this changing world,” Ms. Labonté said. “Our distinctive approach is tailored to meet these increasingly complex talent requirements and goes beyond traditional search and recruitment methods.”
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Penrhyn International is a global network of executive search firms, with offices in more than 40 cities globally.
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Recently, the organization elected three new members to its board of directors. Yanouk Poirier is managing partner at Leaders International in Canada and current chair of Penrhyn’s technology, media & telecoms group. Luce Nordon is CEO of Agora Search in France and a current member of Penrhyn’s technology, media & telecoms group. Rikke Dolberg is partner at Unique Human Capital in Denmark and a current member of Penrhyn’s board services practice group.
“The addition of Yanouk, Luce and Rikke brings further energy, skill-sets and experience to the board, which will prove vital as Penrhyn continues to adapt to meet the evolving needs of our global clients,” said Mr. Herst. “This is an exciting time for our network and we know they will make a significant contribution to our future success.”
The global consortium also expanded its footprint within Central and Eastern Europe (including Russia) with the addition of TheXecutives. The firm joined forces with existing German member LAB & Company, strengthening its Vienna office and enabling both firms to gain wider regional expertise. TheXecutives, with offices in Vienna and Moscow, is managed by Dominik Sonnberger and Mladen Kasagic. Its main areas of focus are industrial and automotive, retail, logistics, utilities and FMCG.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media