Lulu Guinness has named Sandra Mertens-Lustig as CEO, effective from January 13. The company's new top executive is a strategic merchandising specialist with a strong CV built up at a raft of well known high-end brands.
U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources told Reuters.
The international fragrance company responsible for the perfume offerings of brands including Montblanc, Jimmy Choo and Coach, expects to report revenues of 500 million euros ($554 million) in 2020, up 4.2% from 2019.
The fragrance company announced increases in its income for the third quarter and the first nine months of 2019 on Tuesday, as sales of Montblanc “Explorer” and Guess legacy fragrances drove top-line growth.