Closed will have to do without Til Nadler in the future. The Chief Sales Officer and the Hamburg-based denim label will go their separate ways in the future, as Closed confirmed on Friday at the request of FashionUnited. The industry magazine Textilwirtschaft had previously reported on the farewell.
Nadler’s departure follows the label’s bankruptcy last year and the subsequent takeover by the Böck family of entrepreneurs and industry expert Dieter Holzer.
As recently as November, it was said that the company would be led by Holzer as CEO and supported by Gordon Giers and Till Nadler, who retained their positions on the management board. Giers continued to be responsible for the product and brand areas as Chief Product Officer, while Nadler was responsible for international sales as Chief Sales Officer. Now they have separated on the best of mutual terms, according to Closed.
Tasks are divided internally
Nadler played a key role in building, shaping and developing Closed over many years and made a decisive contribution to the brand’s current positioning, according to the statement. In the future, his previous tasks in the sales area will be redistributed internally until further notice. However, the company did not provide any further details.
With Nadler’s departure, another member of Closed’s former leadership trio is leaving. In June, the previous CFO, Hans Redlefsen, resigned from his position at his own request after 27 years. Until then, he ran the fashion company together with his student friends Giers and Nadler. Redlefsen and Giers met while studying in London, as the former commercial director said in a podcast from the family office Kontora a year ago. They later bought Closed from the previous generation, which included Gordon Giers’ father.
Under the trio, the collection, which originally focused on jeans, was expanded to include additional clothing and accessories. Shortly after Redlefsen’s departure, Closed filed for bankruptcy in early August. In the following October, the company finally announced the successful end of its investor search and the takeover by Böck and Holzer.
