People

Armani Group: Giuseppe Marsocci appointed new CEO

Giuseppe Marsocci is the new CEO of Armani. As announced by the company in a statement, the appointment of Giuseppe Marsocci as chief executive officer of the Armani Group is effective immediately and includes his concurrent entry onto the board of directors. Marsocci joined Armani Group in 2003 The 61-year-old manager from Turin has over 35...

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Retail|In Pictures

Harry Rosen unveils new concept store as part of multi-year retail investment plan

Canadian luxury menswear retailer Harry Rosen, a family-run business that celebrated 70 years in business in 2024, is investing 50 million Canadian dollars in retail across Canada, starting with a new, reimagined store in downtown Toronto. The new 10,380-square-foot, single-level boutique, located in First Canadian Place, Toronto, offers a...

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People

BioFluff appoints Luke Henning as interim CEO to accelerate growth

BioFluff, the innovative plant-based fur alternative company, has named Circ co-founder Luke Henning as interim chief executive officer to “accelerate market growth” for the bio-materials start-up. Henning, who has served as chairman of BioFluff's board for the past two years, will lead the company as it scales its commercial operations and...

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BusinessMember

Why retail’s future depends on loyalty, not discounts

Black Friday and its many global offshoots are no longer the shopping phenomena they once were. Participation remains high, but enthusiasm is fading. According to new YouGov data, 35 percent of British consumers say they are less interested in mega sales than they were a few years ago. The reasons are telling: 63 percent cite misleading...

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