Lovisa Holdings Limited announced that Shane Fallscheer will step down from his role as Chief Executive Officer, and the Board has announced the appointment of Victor Herrero to succeed Shane as Global Chief Executive Officer of the Company. Victor joins Lovisa with vast global experience having spent 13 years with the Inditex Group. During Victor's time at Inditex, he held numerous roles including Head of Asia Pacific and Managing Director Greater China and led the company's expansion through this region rolling out 800 stores across multiple countries including China and India. Shane will continue as CEO until Victor's arrival and will remain available to support a smooth transition leading into the Christmas trading period, however will step down as a Director effective 14th October 2021 to allow for Victor to be appointed as a Director of the Company with effect from that date.
Lovisa Holdings Limited is a specialist fast fashion jewelry retailer. The Company is primarily engaged in the retail sale of fashion jewelry and accessories. The Company is primarily focused on retailing fashion jewelry and accessories for women. It is also focused on designing, developing, sourcing, and merchandising all its branded products. It develops, designs, sources and merchandises 100% of its Lovisa branded products. It offers a range of products, including earrings, necklaces, rings, wristwear, and others. It offers a range of accessories, including hair clips, watches, jewelry cases, anklets, and others. It has over 700 stores across over 30 countries globally, including Australia, New Zealand, Singapore, Malaysia, Hong Kong, Namibia, South Africa, France, Austria, Belgium, Germany, Luxembourg, Netherlands, Poland, Italy, Hungary, Romania, and Switzerland, Canada, Mexico, the United States, the United Kingdom, and franchised stores in the Middle East and South America.
LOVISA HOLDINGS LIMITED 
