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Olin Lancaster
C-Suite Executive skilled in Organizational and Strategic Leadership in forward thinking Consumer Brand Companies
Professional Background
Olin Lancaster is a distinguished leader with over 30 years of experience at the helm of major consumer-facing organizations. Demonstrating remarkable prowess in strategic leadership, Olin has held prestigious C-suite positions that include the role of Chief Executive Officer at HMS Productions LLC and Group President at Global Brands Group (GBG). Throughout his career, Olin has been instrumental in steering diverse divisions within renowned companies such as Ralph Lauren Inc., Kenneth Cole Productions, and DKNY. His extensive career speaks to his exceptional ability to identify revenue opportunities, assess organizational capabilities, and implement sustainable growth strategies across various facets of the fashion industry.
In his role as Chief Executive Officer at HMS Productions LLC, Olin showcased his ability to restructure companies both organizationally and financially, establishing a robust framework for future growth. His leadership was pivotal in delivering an impressive $1.7 billion in revenue and significantly enhancing the operating income through strategic and well-executed growth initiatives. Notably, Olin was able to increase net sales by an astonishing 46% over a six-year timeframe in one of his previous positions. His data-driven strategies and innovative thinking have repeatedly led to significant improvements in return on capital, achieving a YOY increase of +25% with substantial annual investments ranging from $15 million to $25 million.
Olin's proven track record extends beyond financial prowess; he is recognized for his remarkable ability to motivate and inspire teams. He has developed refined processes that enable collaboration across departments, fostering a culture of inclusivity and strategic investment that amplifies impact. Olin's transformative leadership style has consistently resulted in high retention rates, far exceeding industry averages, showcasing his commitment to employee satisfaction and engagement.
Most recently, Olin has made strides at Global Brands Group (GBG) as Group President, where he oversees both Men's and Women's Apparel Brands as well as the esteemed Frye Brand. His contributions at GBG are anticipated to continue making waves in the competitive market of fashion retail.
Education and Achievements
Olin Lancaster's academic foundation is built on a solid Bachelor of Arts Degree in History and Economics, acquired from Southern Methodist University in Dallas, Texas. His educational background provides him with a unique perspective on market trends and economic behaviors, which he incorporates into his strategic planning and executive decisions. This comprehensive understanding has certainly bolstered his effectiveness in managerial roles, where he could connect historical insights with contemporary market dynamics.
Throughout his illustrious career, Olin has achieved several notable milestones. His ascent through the ranks at Ralph Lauren, where he took on multiple senior vice president and president roles, is a testament to his relentless pursuit of excellence. His leadership in diverse categories including menswear, childrenswear, and home furnishings underlines his versatility and deep understanding of various market segments. At Kenneth Cole Menswear, Olin played a crucial role in driving brand growth, and his work with DKNY positioned him as a formidable force in global sales and marketing strategies.
Olin's ability to synthesize the strengths of his team members fosters a productive environment where innovation can thrive. His commitment to cultivating leadership within his teams ensures that organizations under his guidance remain on a trajectory of sustainable success. As a renowned advisory board member at LogicSource, Inc., he lent his insights into driving operational efficiencies and strategic planning, proving his versatility and willingness to contribute to multiple sectors and organizations.
Celebrated for his visionary approach and resolute leadership, Olin Lancaster remains an influential figure within the fashion industry—a testament to his exceptional career trajectory and unwavering commitment to excellence.