Menswear brand Olymp has introduced a three-pronged leadership structure comprising a managing partner and two general managers.
The brand will be headed up by managing partner Mark Bezner, with former commercial director Mathias Eggle and sales manager Dirk Heper promoted to general managers. The business was previously led solely by Bezner.
Eggle, who joined the business in 1984, will oversee finance, management accounting, foreign markets, human resources, IT, legal affairs, internal services and logistics.
He is also chairman of Olymp’s foundation, and sits on the board of the Textile and Clothing Industry Association for Southwest Germany.
Meanwhile Heper will take charge of sales, the corporate fashion and private label operations, design, product management and visual merchandising.
Heper worked in sales management for Olymp for three years until 2002 before departing for a management role at German clothing company Ahlers. He rejoined Olymp in 2004.
Bezner said: “We need a management structure focused on the future in order to make the most of the opportunities on offer to continue steadily developing our business.
“The strategic challenges of the future in a globalised market where digitisation is increasing call for responsibilities to be clearly focused and to now be shared between several managers.”
Olymp said its turnover grew by 2.1% in the six months to 30 June, posting €124.2m (£111m) in revenue. Annual turnover in the year to 31 December was €250.4m (£224m). It said further growth is anticipated by the end of 2017 with a projected turnover of up to €260m (£233m).
Olymp said it plans to expand by recruiting more people across all departments this year. It currently employs more than 800 staff.