The French department store group has put the former CEO of Lancel, Marianne Romestain, in charge of the fashion, accessories and beauty range and purchases for the Galeries Lafayette and BHV Marais stores.
Luxury goods group Richemont struck a cautious note after reporting sales numbers hurt by moves to combat the grey market and efforts by the Chinese government to discourage consumers from spending overseas.
First Heritage Brands, the owner of Sonia Rykiel, has entrusted the position of managing director to Perry Oosting, replacing Eric Langon who has been in the role since 2012, FashionNetwork.com has learned.
The Italian group posted strong performances in Italy (+31.3%) and the rest of Europe (+21.1%),offsetting a 29.1% loss in the rest of the world segment. E-tail revenue was up 19.7%, said the leathergoods firm.
Acne is reportedly up for sale and Carven on the look out for new investors. Add to this the recent announcement of Piquadro's potential acquisition of Lancel, and the fashion and luxury sector looks set for a shake-up.