The Italian fashion group acquired by English asset management firm Attestor Capital last year has confirmed the appointment of Cristiano Portas as its CEO. He brings 16 years of experience leading swimwear brand Arena.
Navigating consumer sensitivities can be a minefield for brands and retailers these days and having fallen foul of racism accusations, Swedish retail giant H&M has now appointed a global head of diversity for the chain.
The US luxury department store is reportedly on the hunt to replace Karen Katz as CEO, sources close to the matter told local media on Thursday. Neiman Marcus declined to comment further on the rumour.
Less than a month after the American brand lost its creative chief, Jonathan Saunders, Diane von Furstenberg has appointed Nathan Jenden as his successor. Jenden previously occupied the same role from 2001 to 2010.
Ben la Grange on Thursday stepped down as chief financial officer and as a management board member of Steinhoff "to focus on the preservation and procurement of liquidity in the group", the South African retailer said.