Michael Kors, a global luxury lifestyle brand, is pleased to announce that Hanjoon (Michael) Kim has been named President of Korea, a newly created position. He will report to Stephane Lafay, the Company’s President of Asia.
Luxury shoe brand Stuart Weitzman named Alyssa Mishcon President of Global Retail on Monday. Mishcon will oversee all aspects of the global retail business including customer experience and relationship management, strategic operations development, merchandising and international retail growth. She will report directly to Wayne Kulkin, CEO, and will be based out of international headquarters in New York City.
Prosecutors on Tuesday summoned Zheng Jing-tai, the president of Tokyo Fashion Co., and conducted searches of his residence on suspicion of fraud and hollowing out the company's assets.
Upscale jeweller Tiffany said Michael Kowalski, its CEO of 15 years, would retire next year and President Frederic Cumenal would succeed him.
Kowalski, 62, joined the company in 1983 and became CEO in 1999. He took the additional role of board chairman in 2003.
Cumenal, 54, will take over as CEO from 1 April next year, just over four years after joining Tiffany. He was appointed president and given a newly created seat on the company's board in September 2013.
US footwear maker Crocs Inc. on Tuesday named consumer brand management expert Andrew Rees President of the Crocs brand.
Rees also will assume the role of principal executive officer until the company finds a permanent CEO. Rees will report to the Crocs board of directors. He is expected to join the company officially on 9 June.
Rees joins Crocs from management consulting firm LEK Consulting.
The board of directors of Acer elected company founder Stan Shih as chairman and interim corporate president.
The move followed the resignation of chairman & CEO J.T. Wang and corporate president Jim Wong.
“Due to the situation that now faces Acer and my personal social responsibilities, I must stand up and take the reign without salary,” Shih said.
Wang and Wong have committed to remain with Acer as advisors to ensure a smooth transition and transfer of the management team and to help the company back to stability.
The Mall Group has recruited a professional from outside to take over in a bid to help its empire grow amid fiercer competition. Matthew: Young blood to grow brand Matthew Kichodhan, a former president of the Oishi Group.
Myanmar's president is pushing to give overseas investors greater flexibility in their holdings in joint ventures with local businesses in certain sectors, an official in the presidential office said Tuesday.
China's Cabinet announced measures Wednesday aimed at boosting Hong Kong's anemic economic growth as the semiautonomous territory prepares for a weekend visit by Chinese President Hu Jintao.
The toast of Chinese liquors, baijiu, is becoming an international luxury brand thanks to a dedicated Frenchman. Cyril Camus, president of the fifth-generation Camus Cognac that began its distillery in 1863, slowly fell in love with the drink of Chinese heritage.