Italian luxury outerwear company Moncler said on Monday it would end its Gamme Rouge and Gamme Bleu lines and their designers Giambattista Valli and Thom Browne would leave the company to focus on their own brands.
Luxury goods group Richemont on Friday appointed Jérôme Lambert, currently head of operations, to the newly created role of chief operating officer responsible for the Swiss group's watch and fashion brands.
Nicola Glass will join the handbag and accessories brand in early 2018, and will succeed Deborah Lloyd who is leaving the company. Glass currently serves as SVP of Accessories and Design at Michael Kors.
Sidney Toledano is to resign from his position as CEO of Christian Dior and be replaced by Pietro Beccari, CEO of Fendi, in a significant change of management within LVMH. And more changes are in the pipeline.
Tuesday’s announcement that Christopher Bailey will depart Burberry has already ignited intense speculation about his successor. Within minutes after the news broke, a firm favorite was already installed – Phoebe Philo.