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Former Chanel executive takes helm at Tod's

Milan - Luxury Italian shoe company Tod's on Thursday named John Galantic, a former top manager at Chanel, to replace founder Diego Della Valle as chief executive. The appointment comes after L Catterton, an investment fund associated with luxury giant LVMH, made a friendly takeover bid for Tod's in February, which allowed it to delist from the...

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BusinessFeatured

Can blockchain and NFC chips put an end to counterfeiting and idea theft in the fashion industry?

The fashion industry is facing a double threat: a rise in counterfeiting that eats into their profits and a fast-fashion culture that copies designs with impunity. But blockchain offers a glimmer of hope. Or rather, a concrete answer. Blockchain: Tracking a fashion item’s entire journey A blockchain is essentially “a large, public, distributed...

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