The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
MILAN, Italy — Luxottica Group SpA named Stefano Grassi as chief financial officer, the latest executive appointment following two CEO resignations in as many months.
Grassi will join co-CEOs Adil Mehboob-Khan and Massimo Vian at the top of the world’s biggest eyeglass maker, the Milan- based company said in an e-mailed statement today. Luxottica reported net income of 162 million euros ($207 million) in the third quarter, topping the average analyst estimate of 157 million euros.
Luxottica is in the midst of boardroom upheaval following the resignation of Enrico Cavatorta after disagreements on corporate governance. Cavatorta’s departure came on the heels of Andrea Guerra’s resignation in September after a decade at the helm.
By Celeste Perri; editors: David Risser, Marthe Fourcade.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.