Ecco had to shore up its balance sheet in 2024 due to unsatisfactory results
Last year, shareholders had to inject €48 million to reinforce the balance sheet of Ecco Sko A/S, the parent company of the Danish footwear, accessories and leather giant, in the wake of unsatisfactory results. The cash call “supported the solidity ratio” of the parent company “despite the unsatisfactory results of ...
Zalando recruits five key persons, two SVP and one CFO
Zalando is strengthening its management team to drive its expansion into a leading pan-European e-commerce ecosystem for fashion and lifestyle.
Ferragamo’s CEO steps down
Marco Gobbetti is stepping down as the Chief Executive Officer and General Manager of Salvatore Ferragamo, three years after joining the Italian fashion house from Burberry.
Boohoo’s shareholders reject Mike Ashley’s bid for board seat
Boohoo’s shareholders have thwarted a bid by major shareholder and Frasers Group founder Mike Ashley to take a seat on the board of the struggling British online fashion retailer after they voted against the move in a special meeting.
Ecco has a new CEO
Ecco’s CEO, Panos Mytaros, has stepped down and been replaced by the group’s Chief Commercial Officer, Thomas Gøgsig. No explanation was given regarding the change at the helm.
Otto Group changes legal status
The German mail order company Otto, owner of the Freemans, About You, Bonprix and Evri businesses, among others, is preparing to change its legal form and streamline its corporate structure as a generational handover gets underway.
Boohoo appoints a new chairman
Boohoo’s Co-Founder Mahmud Kamani has been shifted from his role as Chairman to become Executive Vice Chair, with a board member, Tim Morris, appointed as independent Chairman amid ongoing calls from Frasers Group, a major shareholder in the British online fast fashion retailer, to have Kamani removed completely.
Andreas Wortmann becomes AstorMueller's CEO
The Swiss shoe manufacturer AstorMueller has appointed Andreas Wortmann as its new Chief Executive Officer. He takes the job over from the company’s owner, Tim T. Müller, who will continue to “guide” the company as Chairman.
Caleres names a new head of its New York brands
Nancy Bitetto has joined Caleres as Senior Vice President of New York brands, which include Franco Sarto, Vince, Veronica Beard and private brand offerings. “In this role, Bitetto will focus on accelerating growth and expanding profitability within the Caleres Brand Portfolio,” the company said.
Stuart Weitzman’s sales rise driven by North America
Stuart Weitzman, the premium footwear brand of the US fashion group Tapestry, posted sales of $53.7 million in the fiscal first quarter ended Sept. 28, up by 2 percent year-on-year both on a reported basis and at constant currency rates, as growth in North America offset “softness” in Greater China.