Versace
This coverage focuses on Versace’s retail presence and activities within the UK market. It includes updates on store openings, brand collaborations, and strategic shifts that influence the luxury fashion sector. Professionals in retail operations, brand management, and business development can explore insights into Versace’s impact on retail trends, consumer engagement, and market positioning.
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Jan- 2023 -25 JanuaryLuxury Goods
Michael Kors appoints new CEO
Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3 April 2023. Wilmotte recently served as the interim CEO for Versace from January through September 2022 and is currently Versace’s COO. Prior to his time at Versace, Wilmotte led the…
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Dec- 2022 -2 DecemberDepartment Stores
Frasers Group acquires Amara
Frasers Group CEO Michael Murray has confirmed that the group has acquired Amara, a luxury homewares brand, as it looks to “build on its ambition” of creating a “credible homeware destination” for Flannels. In a statement on Linkedin, Murray said: “I am pleased to announce, we have acquired Amara.com, a…
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Aug- 2022 -15 AugustLuxury Goods
Harrods threatens to replace strikers with agency staff
Harrods has reportedly threatened to use new laws to break possible strikes by using temporary workers from agencies if industrial action persists, Unite has warned. First reported by the Daily Mirror, the luxury retailer is said to have sent a letter to staff working in store services, engineering, maintenance and…
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Jun- 2022 -7 JunePeople Moves
Former ASOS CEO joins Secret Sales as chairman
Secret Sales, a non-full-price marketplace for fashion and beauty brands, has announced the appointment of Nick Beighton as chairman. Beighton, who most recently held the role of CEO at ASOS, joined as Secret Sales marked growth of over 150% LFL by “solving a critical challenge in the fashion value chain…
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Mar- 2022 -22 MarchLuxury Goods
Kering appoints CEO of Alexander McQueen
Kering has announced the appointment of Gianfilippo Testa as the new chief executive officer (CEO) of Alexander McQueen, effective May 2022. In his new role, Testa will report to François-Henri Pinault, the chairman of Kering, and his goal is to accelerate the expansion of the British luxury house to “tap…
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8 MarchClothing & Shoes
Frasers Group unveils new Flannels store in Preston
Frasers Group plc has announced it has opened the doors to its latest Flannels store in Preston, following its investment in new locations throughout the UK. The new store is situated in Deepdale Shopping Park, and the 15,000 square foot site will house a selection of men’s, women’s and junior…
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Oct- 2021 -20 OctoberClothing & Shoes
Burberry appoints new CEO
Burberry has announced the appointment of Jonathan Akeroyd as its newest CEO and executive director, effective 1 April 2022. He will succeed Marco Gobbetti who will step down from the role and leave the company on 31 December 2021. Akeroyd is currently the CEO of Milan-based Gianni Versace SpA, a…
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Aug- 2021 -25 AugustPeople Moves
Capri Holdings names Joshua Schulman as Michael Kors CEO
Capri Holdings has named Joshua Schulman as the new CEO at Michael Kors, effective immediately. The group also revealed that Schulman will take over the role of CEO at Capri, who also owns Versace and Jimmy Choo, following John Idol’s move to executive chairman in September 2022. As CEO at…
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3 AugustClothing & Shoes
Capri Holdings sees Q1 revenues reach $1.25bn
Multinational fashion company Capri Holdings has reported a 178% year-on-year spike in total group revenues to $1.25bn (£898m) for Q1 FY22. The owner of Jimmy Choo, Versace, and Michael Kors has in turn raised its full-year adjusted earnings per share forecast to $4.50 (£3.23). Adjusted profit for the quarter ended…
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Jun- 2021 -3 JunePeople Moves
Capri names Jenna A. Hendricks as chief people officer
Capri Holdings Limited, a global fashion luxury group, has announced the promotion of Jenna A. Hendricks to senior vice president, chief people officer effective June 1, 2021. In this role, Hendricks will be responsible for leading the global human resources organisation for Capri Holdings across all three luxury houses to…
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