NEW YORK — It’s still all in the family at Nina.
Following the surprise departure of CEO Scott Silverstein last week, the company has named Ezra Dabah, son-in-law to co-founder Stanley Silverstein, as its new head.
Dabah, the former top executive at The Children’s Place, told Footwear News Nina has immense potential moving forward.
“It’s a very strong company that has a long heritage,” said Dabah, adding that, in addition to leveraging the brand’s flagship label, the firm has big potential with its Delman and recently launched Miss Trish brands.
The executive, who joined Nina’s board of directors earlier this year, said his brand-building expertise — he grew The Children’s Place into a $1.5 billion, 900-door retailer — would serve him well in his new role.
Will he look to take Nina into the retail arena down the road? “[Maybe at some point], but right now we want to strengthen what we have,” Dabah said, noting that his deep sourcing experience in China also will be valuable as he takes the reins.
Silverstein, who left the company on Nov. 23, said he also has resigned his position on Nina’s board due to “differences” regarding strategy at the company. (He plans to remain a member of the FFANY board.)
After 18 years at the helm of Nina (and 33 years at the firm), Silverstein said he was exiting with mixed emotions.
“It’s obviously hard to leave a position you feel comfortable with and identify with,” he said. “But it’s exciting, too. I’ve been in the business my entire career, and there’s no question that’s where I want to be [going forward].”