Chief Marketing Officer Emilie Rubinfeld has been appointed President of Carolina Herrera just days after François Kress stepped down as CEO. Rubinfeld also held senior marketing roles at Giorgio Armani and Akris.
After two bankruptcy filings and a high-profile auction, American Apparel's new owner Gildan will close all US stores by the end of April and has also backed off from purchasing the label's manufacturing facilities.
Marco Gobbetti, recruited last year from French brand Céline to be chief executive of Burberry, will start work next week and take on full responsibilities in July, the British luxury goods company said on Monday.
Shares in German fashion house Hugo Boss rose 7 percent on Monday after it said it expected operating 2016 profit to fall by less than it feared due to fourth-quarter sales recovering in China and in Britain.