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…