The ex-chief financial officer of Salvatore Ferragamo in the Americas will be tasked with turning around the loss-making fashion brand as its new CFO. His appointment follows the departure of CEO Paolo Riva on Friday.
The veteran fashion and luxury executive has become a partner in NEO Investments, the hard-charging private investment firm that owns significant stakes in a widening group of fashion and luxury brands.
The General Assembly of the Fédération de la Haute Couture et de la Mode (FHCM) – French fashion’s governing body – on Thursday re-elected Ralph Toledano as President of the Federation for an extended four-year term.
Victoria Beckham has named another respected executive to her top team following the appointment of Ralph Toledano as chairman this year. Now Paolo Riva, ex-CEO at DVF, will join in the same role this September.