Translated by Nazia BIBI KEENOO Published April 22, 2025 Nothing seems to slow down Bulgari’s chief executive, Jean-Christophe Babin, who has just assumed leadership of the Watches division at LVMH. Under his direction, the Roman house inaugurated on April 16 the world’s largest jewelry manufacturing facility in Valenza, located in the Piedmont region of northern…
Translated by Nicola Mira Published April 15, 2025 Intersport International Corporation GmbH (Intersport) has appointed Tom Foley as its new CEO. He will take up his new position at the Bern-based sports retailer on July 1, Intersport has said. Foley will succeed Steve Evers, who stepped down at the end of 2024 after six successful…
French fashion giant SMCP announced on Friday the appointment of Kleine Tan as CEO of the firm’s Asia region, effective April 1. Kleine Tan – SMCP Tan succeeds Jimmy Lam, who has decided to pursue new opportunities outside the group, which owns the Sandro, Maje, Claudie Pierlot, and Fursac brands. “I am delighted to join SMCP….
Translated by Nicola Mira Published April 7, 2025 The appointment of a new boss does not allay doubts about the real position in which Parisian department store BHV finds itself. Société des Grands Magasins (SGM), the company that now operates BHV, after striking a deal in 2023 with its former owner, the Galeries Lafayette group,…
There was no second chance for Arne Freundt. Appointed CEO of the German equipment manufacturer in 2022, the 40-year-old had to deal with results that displeased the financial markets. After announcing his 2025 forecasts of 1% to 5% growth, Puma’s share price suffered the biggest decline in its history, falling back to its 2016 level…
Translated by Nazia BIBI KEENOO Published March 31, 2025 Italian luxury retailer Modes has hit a turning point. Months after hinting at behind-the-scenes challenges and a need for fresh investment in an interview with FashionNetwork.com, CEO Simon Whitehouse has officially stepped down. The high-end multi-brand retailer, led by entrepreneur Aldo Carpinteri, is now without a…
Translated by Nicola Mira Published March 19, 2025 Jean-Marc Pontroué has posted on social media to say he is leaving luxury watch brand Panerai after seven years at the helm. His announcement has sparked a flurry of speculation about a potential in-depth reorganisation within Swiss luxury group Richemont and its watch-making division. The next day,…
Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, has named Lip-Bu Tan, an experienced business and technology leader, as its new chief executive. Mr. Tan, 65, will be responsible for reviving the fortunes of a chip-making company that has fallen from grace. Once one of the…