Mostafiz Uddin
The News in Brief

Paris-based contemporary fashion group SMCP has named Elina Kousourna CEO of its second-biggest brand, Maje, moving the executive from its Fursac menswear division.




The European Commission proposed rules on Wednesday that would require companies in Europe to back up climate-friendly claims about their products with evidence.


The fast-growing Swiss running footwear company reported net income of CHF 57.7 million ($62.4 million), up from a loss of CHF 170.2 million in 2021, sending the company’s stock up as much as 28 percent in early trading on Tuesday.




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