Former CEO of Brioni Gianluca Flore, who moved to Burberry in 2017 to oversee the British luxury brand’s operations in the Americas, will step into his new role as chief commercial officer from September 1.
Upscale label Ralph & Russo’s administrators have reportedly struck a rescue deal with the US entrepreneurs behind Retail Ecommerce Ventures (REV) with an announcement about the “complex” deal said to be imminent.
Luxury lingerie brand La Perla has its sights set on the beauty industry.The brand, which is known for its high-end lingerie, nightwear and swimwear, has announced the launch of a new subsidiary, La Perla Beauty.
Acqua di Parma, which feted a new Christmas capsule this weekend, is expecting double digit growth this year. And next year too, as Italy’s most famous niche perfume brand continues its healthy global expansion.
The lingerie group reported on Tuesday that it has entered into a non-binding term sheet to receive a $25 million investment from the owner of La Perla, as the potential partners consider possible operating synergies.