
The French group, whose president Paolo de Cesare departed in early 2020, has appointed as his successor Jean-Marc Bellaiche, a former director at Tiffany and Contentsquare, who will start in his new role on October 1.
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The French group, whose president Paolo de Cesare departed in early 2020, has appointed as his successor Jean-Marc Bellaiche, a former director at Tiffany and Contentsquare, who will start in his new role on October 1.
While large traditional retailers announce big lay-offs because of the pandemic, sometimes shedding thousands of staff, coronavirus lockdowns have in contrast given e-commerce a major boost.
The Covid-19 crisis is reshaping the top of the luxury market with consumers being more selective and spending less, according to a study by Boston Consulting Group and Altagamma released on Tuesday.
Petit Bateau, owned by French group Rocher, has announced that its new CEO, Guillaume Darrousez, a manager whose career developed within the group, will take charge on July 6.
Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres catering to tourists and wealthy locals.
The two management consulting experts have outlined for FashionNetwork.com what the post-Covid-19 luxury market will look like. They believe luxury labels will be faced with five main challenges in the coming weeks.
The executive, who has worked at the company since 2013, takes over from Josep Barberá, who is leaving Mango after a year to pursue a personal project.
According to a survey by BCG/Bernstein, the pandemic could wipe out up to nearly a third of the luxury market's value, estimated at €350 billion in 2019, with heavy repercussions on luxury groups’ EBITDA and cash flow.
German fashion group Hugo Boss has hired Heiko Schäfer as its new COO. Schäfer was formerly the general manager of German label Tom Tailor.
The undisclosed sum from private equity firm Cassia Investments will go towards supporting the company’s expansion plans, following the opening of a townhouse-style store in Oxford earlier this month.