Salvatore Ferragamo has named former Kering executive Micaela le Divelec Lemmi as its new CEO although it’s less of a change than it might have been given that she has been general manager of the firm since the spring.
Thomas Gibb, VP of product development and production for footwear for Stuart Weitzman, has sued parent company Tapestry Inc., alleging former creative director Giovanni Morelli repeatedly sexually harassed him.
The New York-based lifestyle group announced the resignation of the Italian designer from its Stuart Weitzman footwear brand on Monday, citing unspecified workplace misconduct as the reason for the departure.
Handbag maker Tapestry Inc., formerly Coach, reported a drop in third-quarter margins and a steeper-than-expected decline in same-store sales in its Kate Spade business on Tuesday, sending its shares down 11 percent.
The New York-based fashion group announced on Tuesday that Eraldo Poletto will take on the role of CEO and brand president of footwear label Stuart Weitzman, succeeding Wendy Kahn who is leaving the company.
U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, sources said.