Ceo Paul Blum Resigns at Juicy Couture

Paul Blum will be resigning as ceo of Juicy Couture, effective Jan. 31, 2014, after just a year on the job.

His resignation comes a month after the intellectual property assets of the Juicy Couture brand were sold by Fifth & Pacific Co. Inc. (New York) to Authentic Brands Group (New York) for $195 million.

Blum was hired in December 2012 to lead Juicy Couture’s turnaround efforts, especially focusing on global expansion. He had been ceo of Kenneth Cole Productions Inc. and previously ceo of David Yurman Inc.

Authentic Brands said it would make a decision on Blum’s successor in the next few weeks.