Rag & Bone’s Marcus Wainwright steps down

Rag & Bone co-founder Marcus Wainwright is set to step down as chief brand officer, at the end of the month. 

As part of the move, he’ll remain a shareholder and member of the board of directors. A successor is yet to be named. 

In the interim, chief merchandising and design officer Jennie McCormick, will oversee the women’s, footwear and accessories design teams, while senior vice president of men’s design and merchandising Kyle Sweeney, will oversee the men’s team. 

“I arrived in New York in 2001 with nothing but a backpack and no idea what to do with my life. Rag & Bone began 21 years ago, and after 84 seasons, 168 collections, a completely wild ride and some of the greatest experiences imaginable, I’ve earned a bit of a break,” Wainwright said in a statement. 

“I am incredibly proud of this brand; all it stands for and everything it has become. I am also beyond grateful to our amazing team, to David, and every single person who has contributed so much along the way. I leave in place a passionate and supremely talented group of people, who I know will continue building the company that will forever be a massive part of my life.”

Rag & Bone was co-founded in 2002 by Wainwright and David Neville, who left his co-chief executive officer role seven years ago.

Last month, Rag & Bone opened a new retail location in East Hampton, New York. The label today operates over 50 retail locations across the U.S., as well as international locations in London, Asia and more.