Marcella Wartenbergh is to become the new chief executive of Pepe Jeans Group, taking over from group founder and shareholder Carlos Ortega. She joins from PVH Corp, which owns Tommy Hilfiger and Calvin Klein.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
Looking to offload Tigerlily, Billabong has turned to Houlihan Lokey to garner buyer interest. Meanwhile, local reports said on Monday that LVMH's L Capital Asia could be interested in the Australian swimwear loot.