Fashion label Ralph Lauren has appointed Patrice Louvet as its new CEO. He will succeed Stefan Larsson, who decided to leave the company following a difference of opinion with founder and chairman Ralph Lauren.
In the first quarter of 2017, Yoox Net-a-Porter continued its growth. Not only did turnover grow more than 15 %, the number of visitors and orders also went up tremendously compared to the previous year.
The first quarter of 2017 proved to be an excellent one for German sports brand Adidas. Turnover grew nearly 20 % and profit did even better with a 30 % increase, mainly thanks to strong performances in North America and China.