Companies

In a nod to its roots, the Japanese brand has launched its inaugural production plant in Tottori, where founder Kihachiro Onitsuka was born. The location is set to transform into a cultural epicenter.

The American sports equipment giant is sharpening its business focus by strengthening leadership in a pivotal division and market. A senior advisor has also been appointed to hone the brand’s aesthetic sensibilities.

Marie Delahaie, now at the helm of Undiz, is set to take the reins at Etam in May, as announced by the French Lingerie Group. Laurent Milchior, CEO of the family holding, will temporarily lead the brand.

In a move to stabilize operations and address outstanding debt, a judge has greenlit a preliminary capital injection. This is a segment of a comprehensive $1.75 billion initiative, earmarked for supplier and employee payments.

Danish shipping giant makes a strategic return to the Red Sea as regional security stabilizes, promising a ripple effect on global supply chains and a drop in maritime transport costs.

In the midst of the holiday season, the group has accelerated in December, bolstering the start of the fiscal year. The company reported a 4.3% increase in revenue at constant exchange rates, improved its gross margin, and added a net 51 stores.

Spain’s fashion, fragrance, and cosmetics giant joins the growing list of creditors for Saks, standing alongside industry heavyweights such as Kering, LVMH, Richemont, Christian Louboutin, Giorgio Armani, and Zegna.

The American brand, established by the Uruguayan designer who shares its name, has announced a leadership shakeup with the elevation of its wholesale sales director since 2016, taking over from CEO Thierry Colin to spearhead the company’s expansion plans.

The Italian fashion powerhouse, owned by OTB Group, has left its CEO position unfilled for two years, during which time Renzo Rosso, the conglomerate’s president, has spearheaded the brand. Diesel’s former CEO was Eraldo Poletto.

Giorgio Armani Corp. appoints Matteo Mascazzini as its new head for the Americas, effective immediately. Mascazzini, the former president of Gucci EMEA and CEO of Geox, steps into the role vacated by Izumi Sasano.

Amid economic volatility and inflationary pressures plaguing the region, the beauty sector stands resilient, witnessing a surge of both local and global brands betting on the territory.

Italian luxury fashion house strengthens its leadership team by appointing Esther Hörmann as CEO for the European market. Hörmann brings two decades of experience from stints at Prada, Loewe, and Pronovias.

Achiles Ion Gabriel steps down as the creative lead of the footwear giant after a six-year tenure. His responsibilities will be taken over by an internal creative team, marking a new chapter for the brand.