People

Armani Group: Giuseppe Marsocci appointed new CEO

Giuseppe Marsocci is the new CEO of Armani. As announced by the company in a statement, the appointment of Giuseppe Marsocci as chief executive officer of the Armani Group is effective immediately and includes his concurrent entry onto the board of directors. Marsocci joined Armani Group in 2003 The 61-year-old manager from Turin has over 35...

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People

BioFluff appoints Luke Henning as interim CEO to accelerate growth

BioFluff, the innovative plant-based fur alternative company, has named Circ co-founder Luke Henning as interim chief executive officer to “accelerate market growth” for the bio-materials start-up. Henning, who has served as chairman of BioFluff's board for the past two years, will lead the company as it scales its commercial operations and...

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BusinessMember

Watchmaker Fossil eyes IPO for Indian unit

Luxury watchmaker Fossil Group Inc. is reportedly considering an Initial Public Offering (IPO) for its Indian arm, Fossil India Pvt., aiming to capitalise on the country's booming market for new listings, according to a Bloomberg report. Following the news, the company's shares jumped 44 percent in Wednesday morning trading. Quoting people...

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BusinessMember

Investigation: EU's sustainable fashion score is 'finalised' but far from reliable

On paper, an agreement has been reached on the first tool for scoring fashion products on sustainability. The regulation comes from Brussels and is called the Product Environmental Footprint Category Rules (PEFCR), hereafter referred to as 'PEF', for apparel and footwear. However, the method and the way it was developed are a source of...

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