New Money Man

Panglobal Brands, a new Los Angeles apparel company launching several juniors and contemporary lines, has named Charles Lesser as its chief financial officer. Lesser comes from Los Angeles–based blue-jeans company True Religion, where he was the chief financial officer for four years. “Charles has terrific experience helping grow True Religion Apparel from a startup apparel venture into a highly successful NASDAQ company. We are excited to have him on our management team,” said Stephen Soller, Panglobal’s chief executive. Panglobal recently launched the labels SoSik, Mynk, Nela and Tea & Honey.