Francesca Bellettini to Lead Gucci, Kering Confirms In the ever-competitive world of luxury fashion, leadership changes can make all the difference. Kering, the French multinational luxury group, recently announced a significant shift in the executive team of one of its most iconic brands, Gucci. Francesca Bellettini, Kering’s co-deputy CEO for brand development, is poised to […]
Short Sellers Pile Pressure on Kering’s Incoming CEO
Short Sellers Increase Pressure on Kering’s New CEO Short sellers are known for their ability to spot weaknesses in companies and capitalize on them. In the case of Kering, these investors have made their most significant bets in over ten years against the luxury goods giant. A recent analysis by Reuters has shed light on […]
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job The luxury fashion industry is no stranger to power struggles and corporate shake-ups. With the recent announcement of Francois-Henri Pinault, the owner of Gucci’s parent company Kering, preparing to pass the torch to his successor, all eyes are on whether the heir will allow […]
Target Says Long-Time Executive Michael Fiddelke to Take Over as CEO
Target Says Long-Time Executive Michael Fiddelke to Take Over as CEO In the ever-changing landscape of retail, leadership transitions can often make or break a company’s trajectory. Target, one of the retail giants in the United States, recently announced a significant change at the top, appointing long-time executive Michael Fiddelke as its new CEO. This […]
Nike Alum Maggie Gauger Is Athleta’s New CEO
Nike Alum Maggie Gauger Is Athleta’s New CEO Athleta, the Gap Inc.-owned activewear brand, is set to welcome a new leader at its helm. Maggie Gauger, a seasoned professional and former Nike executive, will be stepping into the role of CEO. This announcement comes as Chris Blakeslee, who has been in the position for two […]
The CEO You Hire When Your Brand Is in Trouble
The CEO You Hire When Your Brand Is in Trouble In the ever-competitive world of fashion and beauty, even the most renowned brands can find themselves facing turbulent times. From Kering to Nike to Everlane, companies are increasingly looking towards a specific type of leader to navigate them through stormy waters: the fixer CEO. These […]
Nike Appoints Jared Carver as Converse CEO
Nike Appoints Jared Carver as Converse CEO In a strategic shift within its leadership team, Nike has recently announced the appointment of Jared Carver as the new Chief Executive Officer of Converse. This move comes as part of a broader restructuring effort within the sportswear giant, with Carver stepping into the role previously held by […]
Does Under Armour Need Kevin Plank?
Does Under Armour Need Kevin Plank? When Under Armour made the surprising announcement that its controversial founder, Kevin Plank, would be returning as CEO, it sent shockwaves through the business world. Investors were left scratching their heads, wondering if this move was the right one for the American sportswear retailer. But why has Plank been […]
Michael Burke Tapped to Lead LVMH Americas
Michael Burke Tapped to Lead LVMH Americas In the realm of luxury fashion and lifestyle, few names command as much respect and admiration as LVMH. The French multinational corporation, known for its portfolio of prestigious brands such as Louis Vuitton, Dior, and Moët & Chandon, has recently made a significant leadership announcement that has sent […]
‘Transform or Die’: Can a Turnaround Expert Turn Kering Around?
“Transform or Die”: Analyzing the Potential Impact of Luca De Meo as Kering’s New CEO In the fast-paced world of business, the ability to adapt and evolve is often the difference between success and failure. This sentiment rings especially true for luxury fashion conglomerate Kering, which has recently found itself at a critical crossroads. With […]