Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725). …
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Ganni Hires New CEO From Balenciaga
Copenhagen-based Ganni is bringing on new leadership from Balenciaga, as private-equity backer L Catterton eyes a path to a future exit. Balenciaga’s deputy CEO Laura …
Harvey Nichols Appoints New CEO
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late …
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
Dr Martens shares plunged around 30 percent on Tuesday to a record low after the British boot maker warned of another tough year in its …
Balmain Names New CEO | BoF
French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6. Sgarbossa succeeds Jean-Jacques Guevel, who left the Mayhoola-owned business in March …
Salomon President and CEO Franco Fogliato Steps Down
Salomon chief executive Franco Fogliato will depart the brand effective immediately due to personal reasons, parent company Amer Sports said Friday. James Zheng, Amer Sports’ …
Gucci Hires Deputy CEO to Bolster Turnaround Efforts
Kering flagship Gucci has hired Stefano Cantino, a veteran communications executive from Louis Vuitton, to the newly created role of deputy CEO, bolstering its efforts …
Rolex CEO Says Comparing Watches to Stocks Is Dangerous
The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic. “I don’t …
L’Occitane Sells Grown Alchemist Stake to Outgoing CEO
Two years after joining the L’Occitane International SA portfolio, skincare brand Grown Alchemist is being taken private. L’Occitane announced on Apr. 2 before Hong Kong …
Lisa Frank Named CEO of Derris
Derris, the public relations agency synonymous with the direct-to-consumer boom, has named co-founder Lisa Frank as CEO, taking over the chief executive role from her …
JD Sports CEO Blames Nike for Slumping Sales
JD Sports Fashion Plc said sluggish innovation at Nike Inc. contributed to a slump in sales at the UK retail chain as consumers look to …
Balmain CEO Exits Company | BoF
Jean-Jacques Guevel, chief executive of Balmain, is stepping down “to pursue other interests” after four years leading the Parisian fashion house. Guevel steered Mayhoola-owned Balmain …
Under Armour’s Founder Plank to Return as CEO
Apparel maker Under Armour said on Wednesday that founder Kevin Plank will return to the company as CEO, effective April 1. The company’s shares rose …
Power Moves | Tapestry Appoints CFO, LVMH Fashion Group Has a New Deputy CEO
Tapestry appoints Scott A. Roe CFO and head of strategy. The longtime VF Corp. executive will lead financial functions as well as the strategy and …
Allbirds Names New CEO as Sales Slide Continues
Allbirds co-founder Joey Zwillinger is stepping down from his role as the company’s chief executive. Effective March 15, COO Joe Vernachio will take over the …
Power Moves | L’Oréal Appoints New CEO, Macy’s Taps Consultant as CFO
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. L’Oréal names CEO. Nicolas Hieronimus will take over from Jean-Paul Agon …
Audemars Piguet’s New CEO Could ‘Stop Growth’ to Focus on Desirability and Independence
Le Brassus, SWITZERLAND – Audemars Piguet’s new CEO hasn’t just inherited big shoes to fill, but a white desk so large she could host Christmas …
Supergoop Names Lisa Sequino New CEO
Sunscreen label Supergoop has announced that Lisa Sequino will be its newest chief executive. Most recently, Sequino was CEO at Jennifer Lopezâs skincare brand JLo …
Moncler CEO Ruffini Will Hold 16% of Shares After Rivetti Family Invests Directly
Monclerâs chief executive and main shareholder will be left with roughly 16 percent of the luxury group once the Rivetti family exits the holding company …
Todâs CEO Says There Are No Plans to Sell the Company
The founder and CEO of Italian luxury group Todâs, Diego Della Valle, said on Friday his family has no plans to sell the company after …