Articles by Prachi Singh
VF names Benno Dorer as interim CEO, lowers FY23 outlook
6 Dec 2022 - Business
VF Corporation has named BRUNO Dorer, lead independent director of the board as interim president and chief executive officer, effective immediately. The company added that Richard Carucci, a director on the board since 2009, will serve as interim board chairman. Dorer’s appointment follows Steve Rendle’s decision to retire from his position as...
Justin Grow rejoins Delta Apparel as chief administrative officer
5 Dec 2022 - Business
Delta Apparel, Inc. has announced that Justin Grow has rejoined as executive vice president & chief administrative officer. Grow will work closely with the company’s chief executive officer, Bob Humphreys, and board of directors on strategic and corporate development initiatives; oversee the company’s legal, compliance, human resources, and...
Uniqlo Japan posts 3.8 percent drop in November same-store sales
5 Dec 2022 - Business
November same-store sales including online sales at Uniqlo Japan decreased by 3.8 percent, while total sales including online sales decreased by 0.8 percent. The company said that same-store sales declined in November due to sluggish demand for cold-weather clothing during what proved to be a consistently warm month and the absence of similar...
Satish Mehta appointed to Express Inc. board of directors
5 Dec 2022 - Business
The board of directors of fashion apparel retailer Express, Inc. has named Satish Mehta as a Class I director. Mehta, 57, the company said in a statement, has a deep background in database engineering and a strong track record in technical leadership roles. He is currently the chief technology officer of pet food and pet-health related products...
Dick’s Sporting Goods names Ray Sliva as executive vice president, stores
5 Dec 2022 - Business
Dick’s Sporting Goods has announced the appointment of Ray Sliva as executive vice president, stores, effective January 3, 2023. Sliva, the company said in a release, will report to the company’s president and CEO Lauren Hobart and serve as a key member of the company's executive leadership team. "Our stores are a critical touchpoint with our...
Van de Velde appoints current CFO Karel Verlinde as interim CEO
30 Nov 2022 - Business
Van de Velde has announced that the company’s management is redrawn, with immediate effect. The company’s board of directors has appointed the current CFO Karel Verlinde as interim CEO. The company said in a statement that by mutual agreement Peter Corijn, who served as chief executive officer (CEO) since May 2022, will leave the company. The...
LVMH acquires Italian jewellery manufacturer Pedemonte
28 Nov 2022 - Business
LVMH Group has announced the acquisition of the Pedemonte Group, a jewelry producer present in Italy and France, from the Equinox III SLP SIF investment fund. The company said in a release that the strategic operation for the watches & jewelry division and its jewellery maisons will allow the group to significantly increase its production...
Alia Malik, senior director at Better Cotton joins ICA as board member
25 Nov 2022 - Business
Alia Malik, senior director, data and traceability at Better Cotton has joined the International Cotton Association (ICA) as a new board member. The ICA is an international cotton trade association and arbitral body and was set up 180 years ago in 1841 in Liverpool, UK. “I am delighted to join the board of one of the oldest organisations in the...
Jack Wolfskin appoints executives for the UK and Nordic regions
24 Nov 2022 - Business
Jack Wolfskin has appointed new leaders for the UK and Nordic regions in alignment with its global growth strategy unveiled in 2021. The company said in a release that Steve Rosier was named as the country manager for the UK and Ireland and will mainly be based in the showrooms in Towcester near Northampton and Windermere in the Lake District,...
Designer Brands appoints Rich Paul and Tami Fersko as independent directors
24 Nov 2022 - Business
Designer Brands Inc. has announced two new appointments to its board of directors. On November 17, 2022, the company said in a release, Rich Paul and Tami J. Fersko, were appointed to the Designer Brands board as independent directors, effective immediately. Fersko was also named a member of both the audit committee and the nominating and...