The former deputy chief executive of LVMH Fashion Group will take the reins as president and CEO of Sephora on Jan. 1, reported WWD. Motte …
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P&G Won’t Rely on Acquisitions to Drive Growth, CEO Says
Procter & Gamble Co. isn’t planning to rely on acquisitions to drive growth, Chief Executive Officer Jon Moeller said. Higher financing costs and lofty expectations …
Adidas Seeks Cash From Rare Bond After Yeezy Split, New CEO
Adidas AG is raising debt from Europe’s bond market for the first time since dropping Ye, the artist formerly known as Kanye West, and just …
The BoF Podcast: Moncler CEO Remo Ruffini Talks ‘Genius’ Strategy
To subscribe to the BoF Podcast, please follow this link. LONDON, United Kingdom — The last time Imran Amed sat down with Moncler Chief Executive …
Adidas Appoints Ex-Puma Chief Gulden as New CEO From January
Adidas AG appointed former Puma SE chief executive officer Bjorn Gulden as its next CEO effective Jan. 1 as the larger German sportswear company seeks to …
Two Adidas Shareholders Back Puma’s Gulden as Potential New CEO
A major Adidas investor has backed the idea of outgoing Puma CEO Bjorn Gulden taking over at the rival German sports company. Gulden “is a boon …
Adidas in Talks With Puma’s Gulden to Replace CEO Rorsted
Adidas AG is in talks with Bjorn Gulden from crosstown rival Puma SE to become the new chief executive officer of the larger German sportswear company as …
Can a New CEO ‘Transform’ Matchesfashion?
The British luxury e-tailer reported another year of widening losses in 2021. But new chief Nick Beighton is focused on the future, looking to attract …
Yoox Net-a-Porter Names Alison Loehnis as Interim CEO
Following the announcement of Richemont’s deal to spin off YNAP in a joint venture with Farfetch, Loehnis will take up the role of interim chief …
Power Moves | CEO and Creative Directors Exit DKNY, TCS US Expansion, Condé Nast VPs
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. CEO and Creative Directors Depart DKNY DKNY has announced the departures …
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Yoox Net-a-Porter CEO joins Armani board Giorgio Armani announced Federico Marchetti, …
H&M Considers Charging for Online Returns to Cut Costs, CEO Says
Swedish fashion retailer H&M is considering charging for online returns amid a series of efficiency measures to reduce surging costs. The company is trying out …
Gucci Names New CEO of its Vault and Metaverse Ventures
Robert Triefus will add the duties to his current role as senior vice president, corporate and brand strategy, and succeeds Nicolas Oudinot. Triefus will be …
Hedge Fund Ancora Seeks Ouster of Kohl’s CEO, Chairman
Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl’s Corp , is now pushing for the removal of …
JD Sports to Pay Former CEO Cowgill £5.5 Million After Exit
JD Sports Fashion Plc will pay former boss Peter Cowgill at least £5.5 million ($6.3 million) as part of an exit deal after he was …
Report: Prada CEO Says No Decision Yet on Dual Listing in Milan
Hong Kong-listed Italian luxury group Prada SpA has not decided whether to list in Milan as well, chief executive Patrizio Bertelli was quoted as saying …
Target CEO Cornell to Stay Three More Years in Bid for Stability
Target Corp on Wednesday scrapped its policy of chief executives having to retire at 65, allowing Brian Cornell to lead the retailer for another three …
Adidas CEO to Step Down in 2023; Replacement Search Under Way
Adidas said Kasper Rorsted will step down as chief executive officer in 2023 and a search for his replacement is underway. The German sneaker company …
Foot Locker Surges After Ex-Ulta Beauty Chief Mary Dillon Named CEO
Foot Locker Inc. jumped after naming retail industry veteran Mary Dillon to be its next chief executive officer in a move that one analyst called …
Richemont Says Ex-Bulgari CEO Is ‘Inappropriate’ for Board
Richemont, the maker of Cartier jewellery, said shareholders should vote against the appointment of Francesco Trapani to the board because he is too closely associated …