As it awaits the conclusion of Richemont's takeover bid, the e-commerce platform's Board of Directors has been renewed, leading to the appointment of Federico Marchetti as CEO, while President Raffaello Napoleone exits.
It's all change at Mothercare with the under-pressure mother and baby products retailer having now changed its chairman just two weeks after its CEO was replaced, moving it from a non-executive to an executive role.
Following a few days of rumor, the news is now official. The Diane von Furstenberg brand announced on its Twitter feed late Wednesday night that fashion executive Sandra Campos will take the reins as its new CEO.
M&S has announced the next step in its ongoing revamp plan with marketing head and board member Patrick Bousquet-Chavanne set to go. The executive director of customer, marketing and M&S.com will step down next month.