The exec formerly helmed iVillage and Victoria’s Secret Pink brands
Fine jewelry brand Ritani announced yesterday that it’s signed on a new CEO with a long and very diversified résumé.
Before taking the reins at Ritani this week, Deborah Fine was the CEO of Direct Brands (a member-based retailer of media products in the United States) and did stints as the president of media outlet iVillage, CEO of Victoria’s Secret Pink, founder and president of Avon Mark Cosmetics, and vice president and publisher of Glamour magazine and publisher of Brides Magazine.
“I’m excited to join Ritani and lead the business in its next stage of development,” Fine said in a statement. “Ritani was the first to launch a true ‘clicks-and-bricks’ model in the category, and this fresh approach to engagement ring and jewelry shopping has resonated positively with customers.… Ritani’s legacy of craftsmanship, business model innovation, and the ability for consumers to design their own merchandise are strong pillars for growth. I look forward to working with the team here to continue to innovate and increase our market share across all relevant categories.”
Deborah Fine (photo courtesy of Deborah Fine/LinkedIn)
Henrique de Castro, head of Cantor Ventures, an investor in Ritani, said in the statement, “Deborah has demonstrated an impressive track record of leading best in class retail and media businesses and delivering significant results. Her experience and vision will help propel the growth strategy of the Ritani brand, as it seeks to gain market share in the omnichannel fine jewelry market.”