Italian sportswear brand Diadora has reached an agreement with shoe maker Geox's founder and chairman Mario Moretti Polegato to buy its assets through his family's investment arm, LIR.
Italian luxury shoe and bag maker Tod's should see growth in 2009 despite the global economic downturn, its chairman and chief executive said on Tuesday 16 June.
Wayne Best has been named as the new director of marketing of hat brand New Era for Europe, the Middle East and Asia (EMEA).
The German supplier of scents and active ingredients for perfumery, cosmetics and dietary industries, Symrise, has announced that Heinz-Jürgen Bertram will take over as head of the company from the 1st of July.
Sportswear maker Adidas is making significant progress in restructuring its U.S. brand Reebok, Adidas Chief Executive Herbert Hainer told German newspaper Welt am Sonntag on Sunday 14 June.
Heelys Inc said it was informed by Nasdaq that the retailer was not in compliance with a rule that requires a listed company to have an audit committee of at least three members.
Japanese men are increasingly spending less on diamond engagement rings or not buying them at all, a reflection of the country's sluggish economy and changing views on courtship and marriage.
Liz Claiborne Inc is seeing signs of stabilization in retail, its chief executive said on Wednesday 10 June, but reaffirmed his expectations for weak sales throughout most of the year.
Jean-Charles Viti, director of the Asia-Pacific region for Shiseido, has been named as vice-president for the French market for Shiseido Europe. He will take up his new role on the 1st of July.
Kim Winser, the former head of British luxury clothing brand Aquascutum, has drawn up a shortlist with investors of two potential acquisition targets as she considers her next move in the industry.
Italian fashion designer Gianni Versace SpA named Gian Giacomo Ferraris of the Jil Sander Group as its new chief executive from July 15, after Giancarlo Di Risio resigned last week.
Procter & Gamble Co is set to name Robert McDonald as its next chief executive officer, taking over from A.G. Lafley. The world's largest consumer products maker declined to comment on the move.
Improved sales trends at the Juicy Couture unit of Liz Claiborne Inc over the last few weeks are boosting its president's confidence for the full year.
Former HBOS chief executive Andy Hornby has been in talks to become CEO of Alliance Boots, the privately owned high-street chemist.
British luxury brand Burberry does not feel threatened by shoppers seeking value for money in the recession, though it thinks so-called "aspirational" consumers are unlikely to return to buying expensive coats and handbags any time soon.
