Former Amazon exec Ajay Kavan is out after a year in the role, with board member Maureen Chiquet to take the reins while the company searches for a new boss.

The former global chief executive of Chanel is the latest independent director to be appointed to the board of Credo, which specialises in “clean,”

This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.

BoF tapped industry experts and analysed the market to determine which brands will likely be targeted this year — and which wild-card mergers could pick up steam.

The master designer transformed a dusty French label into a multi-billion-dollar global luxury powerhouse, creating the template that has been adopted with astounding success across the fashion industry. But the formula needs an update.

Bruno Pavlovsky, president of fashion and Chanel SAS, addresses the reshaping of the storied French house, from its ban on exotic skins to its curious new London headquarters, as well as the rumours that Phoebe Philo will succeed Karl Lagerfeld.

Corporate scandals don’t often damage strong consumer brands but public awareness of the scandal surrounding the Topshop owner appears to be higher than usual.

This week, Sophie Chassat joins the LVMH board of directors, while New Balance appoints Joe Preston as chief executive.