Paolo Riva

Fashion veteran Ralph Toledano, who was appointed chairman in March 2018, will lead the business going forward as he aims to revive the loss-making brand.

This week, Paolo Riva joins Victoria Beckham as chief executive, while Virgil Abloh names Benji B as music director for Louis Vuitton.

Diane von Furstenberg announced Thursday that chief executive Paolo Riva is resigning form the company, effective immediately.

This week, Guillaume Meilland has joined Salvatore Ferragamo as design director of men's ready-to-wear, and Gap has appointed Teri List-Stoll executive vice president and chief financial officer.

BoF compiles the most important professional moves of the week.