Fashion
Tory Burch names new North America president
Published
November 5, 2025
Tory Burch announced on Wednesday the appointment of Joëlle Grunberg to the role of president of North America, effective November 10.
Grunberg succeeds Christophe de Pous, who is leaving the American fashion company to “pursue other opportunities,” according to a press release.
In her new role, Grunberg will be responsible for the New York-based brand’s retail, e-commerce and wholesale operations in the North America region. Based in New York, the executive will report to chief executive officer, Pierre-Yves Roussel.
A fashion and luxury veteran, Grunberg has held multiple C-suite roles across Europe and the United States. She joins Tory Burch from McKinsey & Company, where she was a partner in the retail – fashion and luxury practice for North America. Prior to that, she served in executive leadership roles at Wolverine Worldwide, Lacoste and Galeries Lafayette.
“Joëlle is an accomplished executive with a vast range of experience in our industry,” said Roussel, who is also Burch’s husband.
“She brings with her a growth mindset in alignment with our approach, as well as a strong track record of success driving customer engagement and omni-channel results. I look forward to working with her to further capitalize on our strength and potential in North America.”
Opening its first store in New York City in 2004, North America is Tory Burch’s largest market. Today, the brand’s retail footprint includes 125 stores across the United States and Canada, representing nearly one-third of its global network.
In addition to its digital presence, Tory Burch is sold in select department stores, including Nordstrom, Saks, Bloomingdales and Neiman Marcus.
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While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.
India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.
If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.
Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.
The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.
Fibre2Fashion News Desk (DS)
Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.
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Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.
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