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LVMH names Amandine Ohayon as new CEO at Givenchy

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January 7, 2026

LVMH has appointed Amandine Ohayon to be the new CEO of the house of Givenchy, effective from this Friday, January 9th, 2026.
 

Amandine Ohayon – LVMH

Ohayon succeeds Alessandro Valenti, and will report to Pietro Beccari, Chairman & CEO of the LVMH Fashion Group and Chairman & CEO of Louis Vuitton.

“With her unique ability to collaborate with the most creative talents, coupled with her inclusive leadership and retail expertise, I am convinced Amandine will play a pivotal role in further accelerating the new growth chapter of Givenchy, the iconic French Haute Couture Maison,” commented Pietro Beccari in a release.

Valenti will move sideways to become the Deputy Managing Director in charge of commercial activities at Christian Dior Couture, as of January 12th, 2026. After a decade at Louis Vuitton, Valenti joined Givenchy in July 2024,  following the arrival of Sarah Burton as the house’s new creative director.

Alessandro Valenti
Alessandro Valenti – Givenchy

 
Sidney Toledano, the departing CEO of LVMH’s Fashion Group, expressed his gratitude for Valenti’s contributions to Givenchy: “Alessandro demonstrated exceptional determination and efficiency in managing Givenchy’s transitional phase. As a result, the company is now optimally positioned to leverage its reshaped organization, thereby facilitating future growth. I am very pleased to see Amandine join Givenchy and continue the development of this ambitious project, alongside Sarah Burton.”
 
In his new role, Valenti will report to Pierre-Emmanuel Angeloglou, Deputy CEO of Christian Dior Couture, and join its executive committee.
 
“I am confident that Alessandro will make a significant contribution to our retail and digital performance, thanks to his vision, his experience within the Group, and his ability to engage teams in addressing business challenges, at this particularly exciting and ambitious time for Christian Dior Couture,” added Angeloglo.
 
 
 

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Zalando to close Erfurt site in Germany with 2,700 employees

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January 8, 2026

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January 8, 2026

Online fashion retailer Zalando will close its Erfurt logistics centre in Germany, which employs 2,700 people, at the end of September. The DAX-listed group, headquartered in Berlin, announced the decision. Employees are currently being informed of the plans. According to the company, the move is part of a realignment of its Europe-wide logistics network following last year’s acquisition of online fashion retailer About You.

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The Erfurt-based operating company for the site, a group subsidiary, will therefore cease operations at the end of the year. Until then, operations will continue as normal.

The company has now begun talks with the site’s works council on a reconciliation of interests and a social plan to provide prospects for those affected, said spokesperson Christian Schmidt.

The Erfurt logistics centre opened in 2012. It is the only group-owned logistics site of this size in eastern Germany, according to Schmidt. Zalando operates other large logistics centres in Giessen, in Lahr in the Black Forest, and in Mönchengladbach. In total, 14 logistics centres in seven countries will remain after the planned restructuring.

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Morellato acquires Italian distribution operations of Fossil Group

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January 8, 2026

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January 8, 2026

The Italian jewellery and watchmaking group, Morellato Group, has announced the acquisition of Fossil Group’s distribution operations in Italy, whose portfolio includes the Fossil, Emporio Armani, Armani Exchange, Michael Kors, and Diesel brands.

Emporio Armani

The priority will be the traditional retail channel and, as part of the new arrangement, a dedicated and exclusive sales network will be established, with the aim of ensuring retailers receive a high level of service and targeted commercial support.

“We believe in the sector; we believe in the specialist retailer- the historic fulcrum of the Italian market- at the centre of our strategy for the wealth of know-how it represents and the irreplaceable role
it plays in enhancing brands and in the relationship with the consumer,” said Massimo Carraro, chairman of Morellato Group, emphasising the strategic value of the acquisition.

Massimo Carraro
Massimo Carraro

This transaction represents a significant step in Morellato Group’s growth journey. Today, it is Italy’s leading jewellery and watchmaking group and a global leader in watch straps. With a directly operated retail network of 660 stores, six e-commerce sites and a network of more than 7,000 wholesale partners, the company owns 14 brands- Morellato, Sector No Limits, Philip Watch, Lucien Rochat, Oui&Me, La Petite Story, Chronostar, and FAVS- alongside the retail banners Bluespirit, Christ, Brinckmann & Lange, Cleor, D’Amante, and Noélie. It also holds licences for seven brands: Karl Lagerfeld, Maserati, Chiara Ferragni, Trussardi, Esprit, Jette, and Guido Maria Kretschmer. Since 2023, Morellato Group has been certified by the Responsible Jewellery Council (RJC), the organisation that defines and monitors sustainability criteria for jewellery worldwide, in line with the strictest environmental standards.

Morellato expects to close its 2025 financial year (ending on February 28, 2026) with turnover of approximately €750 million and EBITDA above 20%, up from €723 million in 2024. International markets account for around 70% of the Group’s revenues, with Italy, Germany and France among the leading markets, and excellent results in the Middle East as well.

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Beiersdorf appoints Jorge Jiménez as the new country manager for Spain and Portugal

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January 8, 2026

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January 8, 2026

The German personal care and cosmetics giant is bolstering its team in the Iberian Peninsula. Beiersdorf, the owner of brands such as Nivea, Eucerin, and Liposan, has appointed Jorge Jiménez as country manager for Spain and Portugal, succeeding Ana María Morales. Jiménez will report directly to Anna Grassano-Rauch, the group’s general manager for Southern Europe.

Jorge Jiménez, Beiersdorf’s new country manager for Spain and Portugal – Beiersdorf

“It is an honour to take on this new challenge, which I approach with a strong sense of responsibility and enthusiasm. After more than twenty years at Beiersdorf, it is a pleasure to continue growing with the company, now leading Spain and Portugal. My commitment is to drive innovation, nurture talent and deliver sustainable growth that strengthens our position in Spain and Portugal,” said Jiménez.

The executive has more than two decades of experience with the German company, where he has developed his career primarily within the Nivea brand. Over the years, he has held leadership roles in marketing and digital development across emerging markets, with responsibilities spanning Latin America, North Africa and the Middle East, South-East Asia, India, Russia, and Turkey. In recent years, he served as vice-president of marketing for Nivea’s emerging markets.

In his new role heading Beiersdorf in Spain and Portugal, Jiménez will be responsible for driving business growth, accelerating innovation, and strengthening the positioning of the group’s brands in both markets. The appointment forms part of the corporate strategy “Win With Care”, through which the company aims to establish itself as the world’s leading skincare company.

Founded more than 140 years ago and headquartered in Hamburg, Beiersdorf has a portfolio that includes brands such as Nivea, Eucerin, La Prairie, Liposan, Hansaplast, Aquaphor, Coppertone and Chantecaille, as well as its subsidiary Tesa SE. In the first quarter of 2025, the company increased sales by 3.6% to €2.69 billion, driven by growth of 2.5% at Nivea and 11.4% in its dermo-cosmetics division.

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