STA, 14 November 2019 - The Slovenian-founded omni-channel retailer Studio Moderna got a new CEO, as Jan Heere, former global managing director of the cosmetic division at Percassi Group, was appointed to the post on Thursday. He will succeed Adrian Burleton, who was CEO for the last eight years. Burleton will go on to become chairman.
Prior to his post at Percassi Group, Heere held various senior positions at a Spanish multinational clothing company Inditex, and also served as international director at Marks and Spencer.
Studio Moderna, founded in 1992 by Sandi Češko, one of the richest Slovenians, started out as a distribution channel for Kosmodisk, a product against back pain, and has since evolved into a leading omni-channel e-commerce and direct-to-consumer platform in Central and East Europe.
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It currently employs some 7,000 people, while its network reaches more than 360 million consumers across 21 markets.
Češko has recently sold his half of the Studio Moderna Holdings, which is headquartered in the Netherlands and holds a key role in Studio Moderna, to the owners of the other half, financial funds Insight Venture Partners, Templeton, General Atlantic and JH Partners.
Češko has only kept the part of the company specialising in mattresses, encompassing the brands Dormeo and Octaspring, but only for western markets, Asia and the US, the newspaper Finance reported in September.
Češko told the paper that the Studio Moderna group's revenue totalled EUR 470 million last year.
Češko's 55% share in the holding was estimated at EUR 283 million last year, but this included the Netherlands-based company Studio Moderna Brands, whose value was estimated at EUR 50 million. The latter remains in Češko's ownership, according to Finance.
