Tom Ford will take office next June at the request of all designer and will replace Diane von Fustenberg, who held the post since 2006.
The French investment group has sold all its shares of the Italian company of high-end outdoor items, which represented 4.8% of its capital, at a rate of 36.5 euros
The Spanish giant of fashion distribution signed an agreement with the Massachusetts Institute of Technology (MIT) to jointly develop technological research lines.
The US group recorded losses valued in 294.2 million dollars in the previous fiscal year and sales stood at 2.56 billion dollars.
The British e-commerce group registered sales of 1.28 billion pounds (1.49 billion euros) between August and February.
The executive took the reins of the Italian group after sixteen years in Inditex, where he became general manager at Bershka since 2011. Agnolin will leave office in Diesel on March 28.
With fashion languishing in mature markets, the Spanish giant has to take another twist if it wants to maintain the growth rates. Purchases are seen as the fastest and most effective option.
A wave of brands has left its flagship stores in what was the most expensive street in the world to open a commercial business, pushing down the rents.
The Swedish company, number two in the world ranking of fashion distribution by revenue, has concluded the first three months of fiscal year with a revenue of 51.01 billion Swedish crowns (4.85 billion euros).
The company has opened more points of sale in the last four years than in the previous six. Today, the group will open a new store in Hudson Yards.