Ungaro's Demise Continues; CEO Jeffry Aronsson Reportedly Out
Things aren't looking good at the house of Emmanuel Ungaro. In fact, they haven't for a while. Just three months after Giles Deacon left his roughly year-long tenure as creative director, WWD is reporting that the company's new CEO, Jeffry Aronsson, is leaving, as well as much of the house's advisory committee. Aronsson has only been with the company since June and was brought in with the hopes of turning the failing company around, as he is considered to be a "turnaround expert," based on successful CEO positions at Donna Karan International, Marc Jacobs International and Oscar de la Renta previously.