Companies

Loewe sets one-billion-euro goal for 2024

mds

12 dic 2019 - 17:06

The company’s chief executive officer, Pascale Lepoivre, wants to boost the company’s growth to overcome one-billion-euro barrier in four years.
Prada signs beauty license with L’Oréal

mds

12 dic 2019 - 16:41

The deal, whose terms have not been disclosed, will come into effect on January 1, 2021. L’Oréal also signed with Valentino’s for its beauty license in 2018, previously controlled by Puig.
Coty appoints former Mars exec as chief procurement officer

mds

11 dic 2019 - 19:01

Pascal Baltussen will assume his position on January 1 and will report directly to Coty’s CEO Pierre Laubies. Last November the cosmetics company appointed Richard Jones, former Kering as global chief supply officer.
Topshop CEO exits amidst restructuring

mds

11 dic 2019 - 18:48

Paul Price leaves the company, that ended its fiscal year 2018 with losses of 138 million pounds (170.2 million dollars) after avoiding bankruptcy. It is not clear whether the company has begun the search for a replacement. 
Shandong Ruyi: Moody’s downgrades company rating to CAA1

mds

11 dic 2019 - 17:47

Analysts believe that the problem of the Chinese company’s debt is related to the acquisitions made by the company in the last ten years, which have meant paying out 40,000 million yuan (5.6 billion dollars).
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