L’Oréal heiress, Françoise Bettencourt Meyers, steps down from board seat after 28 years

By AFP Translated by Nazia BIBI KEENOO Published April 29, 2025 Françoise Bettencourt Meyers, 71, has stepped down from her position on L’Oréal’s board of directors, transferring her seat to Téthys, the family’s holding company, during the company’s annual general meeting on Tuesday. Bettencourt Meyers, honored during the meeting, also passed her vice-chair role to…

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Italian retailer Modes hits a rough patch as CEO Simon Whitehouse steps down

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…

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