Latest Articles in Report

Capri Holdings appoints Bacardi CEO to its board of directors

Capri Holdings Limited has appointed Mahesh Madhavan to the company’s board of directors effective March 30, 2023. Madhavan, the company said in a statement, will join the compensation and talent committee as well as the governance, nominating and corporate social responsibility committee. As of the date of Madhavan’s appointment, the Capri...

Mar 30, 2023

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Moschino general manager to step down

Just days after the shock exit of creative director Jeremy Scott, Moschino has now announced that its general manager, Stefano Secchi, will also be stepping down from the brand. The company and Secchi mutually agreed on the split, a press release read, with the move to come into effect March 31. It appears the decision was made based on...

Mar 30, 2023

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TJX Companies increases quarterly dividend by 13 percent

The TJX Companies, Inc. has raised the amount of its quarterly dividend by 13 percent from the last dividend paid. The company’s board declared a regular quarterly dividend in the amount of 0.3325 cents per share, payable June 1, 2023, to shareholders of record on May 11, 2023. Commenting on the dividend increase, Ernie Herrman, chief executive...

Mar 29, 2023

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Alibaba to split into 6 groups, separate IPOs expected

Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date. The Hangzhou-based firm is one of China's most prominent tech giants, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial...

Mar 28, 2023

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Marcolin reports sales increase of 20.1 percent in 2022

For the year to December 31, 2022, Marcolin's net sales amounted to 547.4 million euros, up 20.1 percent compared to the previous year at current exchange and up 13.2 percent at constant exchange rates. "2022 results provide a drive for the company's divisions to elevate our expectations even higher: the year ahead of us is just as challenging,...

Mar 28, 2023

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Next reportedly in ‘advanced talks’ to buy Cath Kidston

UK high street giant Next is reportedly in “advanced talks” to buy lifestyle retailer Cath Kidston. Next, whose portfolio already includes Made.com and Joules, could make a deal as early as Tuesday, Sky News reports. Banking sources said an agreement was likely but not certain, according to the report. It follows reports in February that current...

Mar 28, 2023

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Mister Spex FY22 revenues increase by 8 percent

For the full year, revenues at Mister Spex SE increased by 8 percent to 210 million euros compared to the previous year and within the guidance range of 7 percent to 12 percent growth. The company said in a release that the growth was driven by strong growth across all categories, with particularly strong development in sunglasses and...

Mar 28, 2023

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Dr. Martens names new independent non-exec director

Footwear retailer Dr. Martens has announced the appointment of a new member of its board following a “comprehensive search and selection process”. Andrew Harrison will be joining the team as an independent non-executive director from May 1, selected for his experience in a number of listed companies. Harrison is currently a managing partner at...

Mar 24, 2023

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Macy’s appoints Paramount Global CFO Naveen Chopra to its board of directors

Macy’s, Inc. has announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1, 2023. Chopra, the company said in a release, is an established financial and operational leader who has served as chief financial officer for several high-growth,...

Mar 24, 2023

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Giglio.com posts increase in 2022 revenue and GMV

For the year 2022, online fashion marketplace Giglio.com’s gross merchandise value reached 57.5 million euros, an increase of 38 percent compared to 2021, while revenues from sales and services were 51.1 million euros, up by 35 percent. The company’s active customers exceeded 125,000, up 22 percent compared to 2021 and average spending per...

Mar 23, 2023

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PLBY Group names Marc Crossman new CFO and COO

PLBY Group, the pleasure and leisure lifestyle company and owner of Playboy, has announced the appointment of Marc Crossman as its chief operating officer and chief financial officer. Crossman will succeed Lance Barton, who will remain at the company as a strategic advisor to assist with the transition. Crossman joins PLBY from Rizvi Traverse...

Mar 23, 2023

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Lara Marogna joins Marcolin as style & product development director

Marcolin has announced the appointment of Lara Marogna as group style & product development director, effective immediately. Starting today, the company said in a release, Lara Marogna will oversee the management and development of the Marcolin Group's eyewear collections. She will report to the company’s CEO & general manager Fabrizio Curci and...

Mar 23, 2023