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☆ Gucci CEO Bizzarri to leave company in September
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

July 18 (Reuters) - Kering (PRTP.PA) managing director Jean-Francois Palus has been appointed to lead star label Gucci after a management reshuffle at the top ranks of the French luxury goods company. Marco Bizzarri, Gucci's president and chief executive since 2015, will leave the company on Sept. 23, the French owner of Italian brand Kering said on Tuesday. As part of the changes, Francesca Bellettini, who has run fast-growing fashion label Yves Saint Laurent since 2013, has been named Kering's deputy CEO in charge of brand development while group finance chief Jean-Marc Duplaix has been named as Kering deputy CEO in charge of operations and finance. “We are building a more robust organisation to fully capture the growth of the global luxury market," Kering Chairman and CEO Francois-Henri Pinault said in a statement Tuesday. Reporting by Piotr Lipinski and Mimosa Spencer Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Jean, Francois Palus, Gucci, Marco Bizzarri, Kering, Francesca Bellettini, Yves Saint Laurent, Marc Duplaix, Francois, Henri Pinault, Piotr Lipinski, Mimosa, David Goodman Organizations: Thomson

For years, Marco Bizzarri was one of the most well-known and respected executives in the global luxury business. Bald and boldly suited, he was the architect behind the meteoric success of Gucci, the largest fashion brand in the stable owned by the French group Kering, which also includes Balenciaga, Bottega Veneta and Saint Laurent. The news was buried in the third paragraph of a memo Kering released that outlined a major organizational shake-up as François-Henri Pinault, the chairman and chief executive, tries to write a new chapter for the fortunes of Gucci and the conglomerate. In the same announcement, Kering said Francesca Bellettini, the chief executive of Yves Saint Laurent, would become the conglomerate’s deputy chief executive for brand development, a promotion that will require all Kering brand chief executives to report to her and make her one of the most powerful women in the luxury industry. Jean-Marc Duplaix, Kering’s chief financial officer, will also become a deputy chief executive, overseeing operations and finance.

Persons: Marco Bizzarri, Gucci, Saint Laurent, Alessandro Michele, Bizzarri’s, Kering, Henri Pinault, Francesca Bellettini, Yves Saint Laurent, Jean, Marc Duplaix Organizations: Saint, Gucci Locations: Bottega Veneta

A version of this story appeared in the June 23 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. London CNN —He’s heir to the British throne, is married to Catherine, Princess of Wales and is the father of a crowd-pleasing trio. But how much do you really know about the man who now holds the title of Prince of Wales? William and Kate carry takeout pizza boxes as they visit Dowlais Rugby Club in Merthyr Tydfil, Wales on April 27. Max Mumby/Indigo/Getty ImagesOne takeaway from William’s rare newspaper interview is how confident he is in the direction of his work.

Persons: London CNN —, Catherine , Princess of, Prince of Wales, –, William, It’s, ”, Gary, Marc, Arthur Edwards, We’ve, He’s, it’s, “, ” William, King, Kate, Max Mumby, Prince, Wales, we’ve, We’ll Organizations: CNN’s Royal, London CNN, Sunday Times, Times, Dowlais Rugby Club Locations: London, Catherine , Princess of Wales, United Kingdom, Cornwall, Merthyr Tydfil, Wales, Britain

[1/3] German parliamentary group co-leaders of Alternative for Germany (AfD) party Alice Weidel and Tino Chrupalla attend a plenary session of the lower house of parliament, Bundestag, in Berlin, Germany May 25, 2023. In France, the far-right has become a stronger rival at the ballot box, while in Italy and Sweden, they are now are in government. Germany's domestic spy agency has branded the AfD's youth wing "extremist", saying it propagated "a racial concept of society". Some AfD initiatives have won backing from mainstream voters on the more local level. Wolfgang Buechner, a Scholz government spokesman, said he was confident the coalition could whittle away at AfD support.

Persons: Alice Weidel, Tino Chrupalla, Chancellor Olaf Scholz's, Stefan Marschall, Michael Kretschmer, Friederich Merz, Nancy Faeser, Marc Debus, Matthias Grahl, Wolfgang Buechner, Scholz, whittle, Sarah Marsh, Andreas Rinke, Madeline Chambers, Edmund Blair Organizations: Bundestag, REUTERS, Government, Chancellor Olaf Scholz's Social, University of Duesseldorf, Christian Democratic Union, CDU, Greens, Scholz's, Mannheim University, Thomson Locations: Germany, Berlin, BERLIN, Scholz's, Europe, France, Italy, Sweden, Nazi, Russia, Ukraine, Germany's, Saxony, Thueringen, Brandenburg, Bautzen

KORTRIJK, Belgium, March 14 (Reuters) - Hospital food would normally rank alongside school lunches on the culinary charts but a hospital in western Belgium has broken the stereotype after winning approval from a prestigious French restaurant guide. AZ Groeninge in the city of Kortrijk becomes the first hospital in the Benelux to be officially recognised by Gault & Millau for the quality of the food it serves to its patients. The hospital brought in Gault & Millau experts to inspect their food and offer advice for improvement, notably for their fish dishes, their sauces and their potato servings. The guide subsequently determined that the hospital's food was of a high standard, and Declerck said he would be happy to serve up some of its dishes in his own home. The meals prepared for patients will not actually feature in the annual restaurant guide but have been officially certified by Gault & Millau for 2023.

[1/2] A man looks at a window display outside a Gucci store, part of the Kering group, at Tsim Sha Tsui shopping district in Hong Kong January 17, 2013. But while Gucci, which accounts for the bulk of profits and revenues at Kering, was the only brand to post a fall in sales, analysts said other labels too posted lower-than-forecast results. Kering said sales fell by 15% in North America in the fourth quarter and by 19% in Asia Pacific. But the situation has been more complicated for Kering, since Gucci relies more heavily on China than competitors. LVMH's fashion and leather goods division, home to Louis Vuitton and Dior, grew sales by 10% over the fourth quarter.

☆ Meet Delphine Arnault, the daughter of the world's richest man and now one of the most powerful women in fashion as the CEO of Dior
▼ + stars: | 2023-01-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: 1 min

"I was learning strategy," she told the Financial Times. "In a presentation in America they would start with the conclusion and say how they got there, and I found that very interesting. It was straight to the point." LVMH CEO Bernard Arnault onboard his private jet between Beijing and Shanghai on October 11, 2004. Marc DEVILLE/Gamma-Rapho via Getty ImagesSource: FT

☆ We understand why Salesforce's Benioff went to such great lengths to keep co-CEO Taylor
▼ + stars: | 2022-12-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Salesforce 's (CRM) Marc Benioff tried "everything he could" to convince Bret Taylor to remain at the enterprise software maker as co-CEO, Jim Cramer said Thursday, but those efforts were unsuccessful. "Marc did everything he could to keep [Taylor], and he did a great job, but the opportunities were great [for Taylor]," Jim said Thursday morning, drawing on his impressions from talking to Benioff following the Taylor exit announcement. Reflecting on that conversation one day later, Jim said Benioff was "extremely emotional" before the interview began, calling it a "hold-back-tears moment." Jim said Taylor is definitely leaving for "different reasons" than Keith Block, who served as Salesforce co-CEO alongside Benioff from August 2018 to February 2020. "[Taylor] beat Musk," Jim said.

☆ Facebook threatens to block news content over Canada's revenue-sharing bill
▼ + stars: | 2022-10-22 | by ( Ismail Shakil | ) www.reuters.com time to read: +2 min

Meta and Facebook logos are seen in this illustration taken February 15, 2022. REUTERS/Dado Ruvic/IllustrationOTTAWA, Oct 21 (Reuters) - Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers. Canada's Heritage Minister Pablo Rodriguez, who introduced the bill, said in a statement on Friday that the government continued to have "constructive conversations" with Facebook. Dinsdale said news content was not a draw for Facebook users and did not bring significant revenue to the company. read moreBoth eventually struck deals with Australian media companies after a series of amendments to the legislation were offered.

☆ The billionaire CEO of LVMH sold his private jet to stop people from tracking it on Twitter. Take a look inside the jet, which costs around $73 million.
▼ + stars: | 2022-10-20 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

He sold LVMH's private jet after thousands of people starting tracking the plane on Twitter. LVMH CEO Bernard Arnault on board his private jet between Beijing and Shanghai. Marc DEVILLE/Gamma-Rapho via Getty ImagesIn an October interview with Radio Classique, Arnault — who is worth almost $150 billion — said LVMH had sold its private jet. According to a 2019 report by Forbes, Arnault traveled in the private jet at least once a month. Take a look inside the Canada-made jet, which is the largest business jet currently on the market.

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