Two mainstream shoe companies mark the new year with new hiring announcements, with Steve Madden and Rothy’s making big dates.
Madden has added Arian Simone to its board of directors. As President and CEO of Fearless Fund, Simone established a venture capital fund founded by women of color with the intention of investing in businesses owned by women of color. She first teamed up with Steve Madden in February 2021 by launching the Self Made x Fearless Fund series, which offered speaking, coaching and resources to women entrepreneurs of color.
Her appointment brings Steve Madden’s board of directors to 11 seats (including nine independent directors), and she will focus on “driving strategy and enhancing value for all Steve Madden stakeholders”, according to a statement released by the company.
Fearless Fund works with companies seeking pre-seed, seed, or Series A financing, often investing between $ 250,000 and $ 500,000. The company is backed by around $ 20 million and has so far invested in companies such as Hairbrella, 100 Black Angels, and Ellis Island Tea.
Additionally, Rothy’s has appointed its Senior Vice President of Retail. Mo Vachon has been named in the new role, responsible for overseeing Rothy’s retail expansion – which will include six new stores by the end of this year. It will also develop strategies for improving the retail experience and innovation.
Vachon joins the durable and washable accessories label of Express where he was regional manager based in Los Angeles. Vachon previously worked at Charlotte Russe where he became COO and also held senior positions at Claire’s and PacSun.
“Mo brings a wealth of knowledge and experience from a variety of retail brands that will be instrumental in driving the growth of Rothy’s retail stores in her new role. As Vice President of Retail, Mo will ensure that Rothy’s continues to deliver a top-notch customer experience in our physical locations. He will also oversee the ongoing development and implementation of operational strategies to evolve the Rothy’s in-store customer experience as we grow, ”said Heather Skidmore Howard, Brand Chief Operating Officer.