Italian fashion group AeffeMoschinoJeremy Scott

US-born Nguyen has been senior vice-president of Aeffe USA since 2017. In his new role as president, Nguyen “will lead the group’s commercial team from its New York headquarters, overseeing the sales and distribution of the collections by Moschino, Alberta FerrettiLorenzo SerafiniPollini

A highly experienced luxury industry executive, Nguyen succeeds Michelle Stein, who has taken care of expanding the Italian group’s business in the USA since it first entered the market 40 years ago. Stein notably spearheaded the Moschino label, which is celebrating its 40th anniversary this year. Her succession had been long agreed upon with Aeffe’s senior management. “We would like to thank Michelle Stein for the outstanding work she has done over the past 40 years. Her charisma, as well as her in-depth knowledge of the fashion retail sector, have certainly contributed to the success of our company in the United States,” said Aeffe’s President Massimo Ferretti, welcoming Nguyen’s promotion.