logo
logo

Closed Appoints Lothar Hiese As Chief Financial Officer

Jul 18, 2025•about 2 months ago

Position

Chief Financial Officer

Company

Closed

Lothar Hiese
HamburgRetailLifestyleFashionE Commerce

Description

Closed has appointed Lothar Hiese as the new Chief Financial Officer to lead the company's management team. Hiese, a proven restructuring expert, takes over the role from Hans Redlefsen, who has stepped down after 27 years.

Company Information

Company

Closed

Location

Hamburg, Hamburg, Germany

About

Closed is a contemporary fashion and jeans brand based in Hamburg. The brand has recently refocused on its core competencies in denim and pants while emphasizing sales in the DACH markets. In 2023, Closed's estimated sales were €125 million. The company aims to improve profitability and customer alignment.

Related People

Sign in to view contact details

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months