Glenn McMahon has joined Getzler Henrich & Associates as a managing director of the firm’s retail turnaround and restructuring practice.
With his more than 30 years of executive experience leading the transformation and growth of storied brands such as St John Knits, Dolce & Gabbana, Donna Karan, Giorgio Armani and operational turnarounds of numerous other brands, McMahon is the newest senior leader of Getzler Henrich’s growing retail and turnaround and restructuring practice. He joins managing directors Mark Samson and Michael Appel, who was named by the firm earlier this year to lead the retail practice.
“We are pleased to welcome Glenn to Getzler Henrich,” Appel said. “He brings impressive operational turnaround and advisory experience to the firm, and we look forward to collaborating with him as we continue to expand our team and range of services in the consumer retail space.”
As CEO of the iconic American luxury brand St. John Knits from 2007-2013, McMahon led the successful transformation and turnaround of the company by creating and expanding product, repositioning the brand and marketing to appeal to new and younger customers; restructuring the operations; saving operating expenses; improving margins through sourcing and SKU rationalization and optimizing the retail fleet of 42 stores by introducing a new store concept and design and right sizing and renegotiated leases. These actions resulted in a significant increase in annual revenue. Upon completing the turnaround of the business, he led the sale of the company to Fosun, now Lanvin Fashion Group.
“Since leading the successful transformation and eventual sale of St. John Knits, I saw a dramatic shift in retail, and I wanted to have the ability and flexibility to work across the variety of consumer and retail brands in all formats where I could share my skills and experiences,” McMahon said. “I began with my own successful consultancy, but I am excited now to combine forces with the retail team at Getzler Henrich to offer an even wider array of services to a larger universe of companies and brands.”