Outlet malls giant McArthurGlen has promoted Nick Brady to its top leasing role. He'll oversee all brand acquisition and asset management for its 25 designer outlets in 10 countries across Europe and in Canada.
French premium fashion retailer SMCP has named LVMH’s Patricia Huyghues Despointes as its new CFO, a key role in normal times but even more so as companies grapple with the finance issues created by the pandemic.
On Monday, the luxury giant set a new Paris Stock Exchange record by topping a market capitalisation of €250 billion for the first time, its share price having surged by nearly 20% since the start of the year.
LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."