After announcing the closure of 500 stores in Europe, and 600 redundancies in Spain, the beauty retailer has merged its Italian, Spanish and Portuguese subsidiaries, now all led by Italy’s former country manager.
M&S has made two major appointments as Fiona Lambert joins to “lead the repositioning of Jaeger as an independent brand within M&S” and Anna Braithwaite works “to drive changing customer perceptions" of the M&S brand.
The house of Alaïa has chosen Pieter Mulier, the former longstanding right-hand man of Raf Simons, to be its creative director, taking on one of the most prestigious positions in international fashion.
Amazon on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time.
The ethical fashion retailer has announced that the Net-a-Porter founder has joined its board of directors, while Nike vet Sophie Bambuck has been appointed as the company’s first chief marketing officer.