Tag: chief-executive
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French fashion designer Sonia Rykiel dies aged 86
By Astrid Wendlandt PARIS (Reuters) – French fashion designer Sonia Rykiel, known for her brightly colored striped sweater dresses, has died at the age of 86, the owner of the fashion label she founded said on Thursday. “It is a sad day but Sonia Rykiel leaves behind her an extraordinary legacy,” Jean-Marc Loubier, chairman and…
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American Apparel hires investment bank to explore sale: sources
The sale process comes just six months after American Apparel emerged from Chapter 11 bankruptcy, following the public ouster of its controversial founder and chief executive officer, Dov Charney, and a string of losses that the company has struggled to reverse. “As we have regularly communicated to employees, vendors and customers, we continuously evaluate strategic…
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Carven to discontinue menswear
French fashion house Carven is suspending its menswear line and bidding goodbye to designer Barnabé Hardy. “Barnabé Hardy has been the soul of Carven's men's collection since 2015,” Chief Executive Officer Sophie de Rougemont told the site. The news signals the latest in a line of changes at Carven, which has been undergoing something of…
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Roberto Cavalli names former Versace head as new CEO
Italian fashion group Roberto Cavalli said on Thursday it had named former Versace head Gian Giacomo Ferraris as its new chief executive as it seeks to relaunch under a new owner. Ferraris, an engineer who also worked for Italian luxury groups Gucci and Prada, radically turned around Versace in his seven years at the company,…
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Burberry to replace Bailey as CEO with Céline’s Gobbetti
British luxury brand Burberry has recruited Marco Gobbetti, the Italian boss of French brand Celine, to succeed Christopher Bailey as chief executive next year, freeing Bailey to focus again on the design role that made his name. Burberry said he would retain his creative role and also take the title of president.
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Italy’s Ferragamo CEO sees no let-up in luxury sector slowdown
Salvatore Ferragamo will focus on boosting profits this year to combat lower growth in the luxury industry as a whole, its outgoing chief executive said on Sunday. Ferragamo posted a larger-than-expected 5 percent rise in first-quarter core profit in May but revenue fell 2 percent to 321 million euros ($362 million). Speaking before the brand's…
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Bulgari aims to have up to six stores in Russia over 10 years
Bulgari, the flagship jewelry brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market. The company is the second luxury brand to signal its confidence in the Russian market after French luxury group Hermes tripled…
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Gucci to unify men’s and women’s collections from 2017
Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not…
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Gucci to unify men’s and women’s collections from 2017
Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not…
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Gucci to unify men’s and women’s collections from 2017
Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not…