Because it marches forward with its turnaround plan, Hole has reinstated its chief advertising officer place, hiring PepsiCo’s Fabiola Torres to fill it with a world remit.
Torres would be the first individual in two years to take a seat in Hole’s CMO seat, which has remained unoccupied because the departure of Mary Alderete in 2022.
The exec was most not too long ago svp and CMO of vitality drinks at Pepsi, the place her duties additionally included overseeing the CPG large’s Hispanic enterprise unit.
Earlier than that, Torres was vp of worldwide advertising at Apple. She’s additionally a Nike veteran, having spent nearly 20 years working in senior advertising roles from its Portland headquarters.
Her arrival at Hole comes because the retailer is executing a method refresh designed to assist it revive gross sales and recapture the glory of its ‘90s heyday.
Torres will oversee advertising, inventive, PR, visible merchandising and extra. She is going to work with senior figures together with Hole’s head of selling, Erika Everett.
Whereas many corporations together with Starbucks are ditching the worldwide CMO position, in a memo despatched to staff, Mark Breitbard, CEO and president of the Hole model, stated bringing these groups beneath one individual would supply “a extra cohesive expertise throughout all markets and channels for our prospects.”
In a LinkedIn submit, Torres stated she was “trying ahead to being part of the subsequent chapter of this model, constructing its future and championing Hole’s superb legacy.”
ADWEEK has reached out to Hole for touch upon the rent.
Bridging the tradition hole
In late 2023, Hole poached Richard Dickson from Barbie proprietor Mattel to assist it strengthen the eponymous retail group’s catalog of manufacturers—together with Hole, Outdated Navy and Banana Republic.
Dickson stated he wished to convey “crisp identities and objective” to every retailer to counter years of sluggish gross sales. “We’ve got to speak by means of revolutionary advertising to regain a robust ongoing voice within the cultural dialog,” he informed buyers on arrival.
He added: “We have to do that whereas constantly executing with excellence at each contact level and interplay.”
Since then, Hole Inc. has named a brand new inventive director, Zac Posen, to assist revitalize its product vary. In the meantime, the Hole model has been producing its personal buzz with a sequence of advert campaigns squarely geared toward Gen Z, together with “Linen Strikes,” a crisp, reimagined tackle TikTok-famous music video “Again on 74” by Jungle, fronted by South African Grammy-winning artist Tyla.
