As Apple (NASDAQ:AAPL) prepares for the anticipated launch of an iWatch, the company is now rumored to have hired Catherine Monier, European president and worldwide wholesale director of fashion giant Yves Saint Laurent—the second executive recruited from the French company by Apple.
Monier allegedly left the company earlier this week and is expected to jump to Apple in the next few days, according to Electronista. Former YSL CEO Paul Deneve is supposedly behind the recruitment of Monier. Deneve oversees a "Special Projects" group at Apple that reports directly to Apple CEO Tim Cook. Sources say Deneve's team is responsible for retail strategies revolving around fashion and wearables—the iWatch, more specifically.
Apple is hiring an increasing number of high-profile executives that have worked for apparel and accessories retailers. Recent hires include Musa Tariq, Nike's (NYSE:NKE) esteemed social media chief; Patrick Pruniaux, former VP of sales at Swiss watchmaking company Tag Heuer; Angela Ahrendts, former CEO at Burberry; and Paul Deneve, former head of YSL. Story