British luxury brand Burberry does not feel threatened by shoppers seeking value for money in the recession, though it thinks so-called "aspirational" consumers are unlikely to return to buying expensive coats and handbags any time soon.
Judith McHale has taken the decision to quit the board of directors at Polo Ralph Lauren. Her resignation follows her recent confirmation to the role of Under Secretary for Public Diplomacy and Public Affairs with the Department of State under President Obama.
Simone Mantura is the new CEO of GIR + A&F. Jointly created less than two years ago by Marithé + François Girbaud and the Ferretti family, the company oversees the global production of the Designer and Le Jean lines.
After announcing a reinforcement of the interaction between local markets and global organization, the Adidas group has named Roland Auschel and Michael Stanier as director of sales and director of retail respectively.
Beiersdorf have placed James Wei at the top of its group’s cosmetics activities in China, Thailand, Indonesia, South Korea, India and Singapore. The business will rely on him to develop its activity in Asia.