Connect with us

Fashion

Dsquared2 to cut approximately 40 jobs

Published

2 months ago

on


Published



October 20, 2025

Dsquared2 is facing challenges. The brand, founded by Italian-Canadian twin brothers Dean and Dan Caten, announced a “strategic reorganisation across its global offices” in a statement, a move which will affect approximately 40 roles.

See fashion show
Dean and Dan Caten at the end of the Dsquared2 fashion show – Autumn/Winter 2025/26 – Womenswear – Milan – ©Launchmetrics/spotlight

In Milan, this process will follow a collective redundancy procedure, conducted in full compliance with all legal requirements, the Dsquared2 Group assures. The company adds that it will “work in close partnership with trade unions to ensure fair treatment and comprehensive support for all affected employees” throughout the transition period, “reflecting the company’s enduring values and commitment to its people.” The procedure is expected to be completed by early 2026.

Dsquared2 states that it has had to respond to the evolving market landscape, as “the fashion industry continues to face profound and complex challenges, impacting brands across the globe. Dsquared2, with its legacy of bold creativity and resilience, is once again stepping forward to meet this moment with determination and clarity.”

Finally, the Caten brothers emphasise that the decision, “though difficult, is a proactive step towards strengthening the Group’s operational structure and positioning it for long-term success”, as part of a transformative journey for Dsquared2, which “embraces change, drives innovation, and reinforces its foundation for sustainable growth.”

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Related Topics:
Continue Reading

Fashion

Lenzing must seek a new CEO

Published

20 minutes ago

on

December 10, 2025

By


Published



December 10, 2025

Lenzing AG will have to move forward without Rohit Aggarwal, who only assumed the role of CEO in summer 2024 following Suzano’s entry as a shareholder at the Austrian fibre producer. Aggarwal has informed the Supervisory Board that he is stepping down from his position for personal reasons with effect from January 31. However, to ensure a seamless transition, he intends to support Lenzing as an adviser until the end of September 2026.

Rohit Aggarwal will step down as CEO at the end of January. – Lenzing

Following Aggarwal’s departure, Lenzing AG will initially be led by a three-member Management Board. As part of the company’s ongoing organisational development and to underpin its recently sharpened premiumisation strategy, Lenzing AG is establishing a new six-member Executive Committee.

The Executive Committee will comprise the three-member Lenzing AG Management Board and will be complemented by the company’s senior commercial managers Patricia Sargeant (Nonwovens), Yann Lepage (Textile Fibres), and Anton Putz (Pulp).

By introducing the new Executive Committee, Lenzing AG aims to strengthen its strategic focus on business opportunities in the premium fibre segment. The goal is to expand its position as a leading integrated premium provider of regenerated cellulose fibres.

The Supervisory Board has already initiated the process to appoint a successor to the CEO and will announce a new appointment in due course.

“Increasing structural profitability remains a key objective. The Management Board will continue to focus resolutely on strengthening the company’s competitive position, financial performance and sustainable value creation – with the aim of further consolidating Lenzing’s position as the global market leader in sustainable cellulose fibres,” said Supervisory Board chairman Patrick Lackenbucher.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Delsey appoints Gilles Bariguian as global chief executive

Published

51 minutes ago

on

December 10, 2025

By


Published



December 10, 2025

Delsey turns its focus to international markets. The luggage brand has just announced the appointment of its new global managing director, Gilles Bariguian. He will lead the group into a new phase of accelerated international expansion, a move upmarket, and towards profitable growth as the brand approaches its 80th anniversary in 2026.

Gilles Bariguian brings extensive experience in luxury and international markets – Delsey

“I am delighted and honoured to be working with the teams to elevate the brand and open a new chapter of global development in a rapidly changing mobility market. Delsey is no longer just a travel brand; it now caters to every moment of mobility, a market that has evolved significantly since the Covid-19 period,” said Gilles Bariguian.

Diversifying its international presence

With 20 years’ experience at Procter & Gamble across four continents, and roles at Guess EMEA, Etoile Group (specialising in luxury in the Middle East), and Cenomi (a department-store chain in Saudi Arabia), Delsey’s new global managing director will be tasked with steering the Parisian brand’s international expansion. At the same time, he will continue his consulting work with the Saudi Fashion Commission and its 100 Brands programme.

With its strongest presence in the US (2,561 points of sale) and Europe (1,688), the brand counts just over 300 points of sale in Asia and 111 across the Arabian Peninsula.

Beyond international expansion, the objectives of the new global managing director are to accelerate digital transformation, broaden the product portfolio, and build sustainable, profitable growth for Delsey, a company founded in 1946.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Amazon to pay 510 million euros to settle tax probe in Italy – sources

Published

1 hour ago

on

December 10, 2025

By


By

Reuters

Published



December 10, 2025

Amazon has agreed with Italy’s tax collection agency to pay 510 million euros ($582 million) to settle a tax dispute in the country, two sources close ⁠to the matter said on Wednesday.

Amazon logo is seen in this illustration created on February 11, 2025 – REUTERS/Dado Ruvic/Illustration/File Photo

However, in an unusual ⁠development, Milan’s prosecutors are in disagreement with the accord between the revenue agency ‍and ‌the U.S. tech company and plan ⁠to continue their ‌investigation, two other sources ‌said.

The prosecutors, who suspect evasion amounting to some 1.2 billion euros related to 2019-2021, expect to wrap up ‍their probe early next year, according to the second two sources ‌familiar ⁠with ​the investigation.

The prosecutors are also ⁠conducting ​two other investigations into the company – one involving alleged tax evasion ​relating to 2021-2024, and another involving alleged customs and tax ⁠fraud involving ⁠Chinese imports.

© Thomson Reuters 2025 All rights reserved.



Source link

Continue Reading

Trending

Copyright © Miami Select.