The deal makes provision for the maintenance of all 60 of Masoni's employees, as well as for the possibility of new hires. The company's founder will continue as its leader, as delegated administrator and chairman.
The Montreal-based jewelry retailer has revealed that Pasquale (Pat) Di Lillo is stepping down from his role as vice president and chief financial officer early next year and will be succeeded by Katia Fontana.
Online retailers are not immune to the devastation that is happening in UK retail at the moment and a new study said that more than 9,000 online retailers are suffering from significant financial distress.
The boss of Harrods said the retailer is “well placed to take advantage of” the younger shopper who wants “to have really great quality beauty” and is upbeat about the chances for the firm’s new beauty chain.
On a blisteringly cold night in Manhattan, the worlds of art, history and technology collided at the trunk show of Jennifer Rothwell. FashionNetwork.com spoke to the Irish fashion designer about the future of her brand.