The luxury brand has reorganised its management in Greater China, separating its watch and jewelry business from its fashion business, which it has entrusted to Laurent Cathala, former president of Tiffany & Co.
A selection of big names are interested in buying TM Lewin, the shirts specialist that's in administration for the second time. A report said potential buyers include Frasers, M&S, Crew Clothing and Charles Tyrwhitt.
M&S is expanding Jaeger into 14 more of its “destination stores” in the UK and Ireland. And it has plans to take it to international stores too, while also moving it into denim for the first time under its ownership.
After a succession of high-profile CEOs at M&S in the past two decades, the one who finally set the firm’s turnaround on the right path is set to leave the business in late May and will be replaced by an exec 'team'.
One can never fault the Milanese for lacking energy. Italy might be engulfed in a political sudden crisis in Rome. But Milan still made an impressive fist of its four-day menswear season that ended on Monday.