Adidas has promoted New Zealand-born Zion Armstrong as its new president for North America. Armstrong succeeds Mark King who helped revive the brand's fortunes in the territory and steps down this summer.
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.