Lee Shifts to Head Gucci Brand in Latest Reshuffle
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Italian luxury group Gucci said Mark Lee would become managing director of the Gucci brand, moving from heading Yves Saint Laurent, in the latest management reshuffle at the turbulent fashion house.
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China replaced its finance minister Thursday amid reports he was involved in a sex scandal and also named a new chief of secret police. The reshuffle appeared aimed at putting President Hu Jintao's allies in key positions before a Communist Party meeting that will set policies for the next five years.
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The company is continuing to move its Anne Klein division upscale by hiring the designer Isabel Toledo as its new creative director.
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The pop star's reported deal to leave Warner Music is part of a shakeup that is rewriting the rules of the music industry
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The boss of the Gucci fashion label was fired abruptly yesterday - just one day after a US fashion magazine claimed he was preparing to resign.
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Robert Polet, chief executive of the Gucci Group, named company veteran Mark Lee to the post of president and managing director of the Gucci division, moving quickly to
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Footwear maker repositions struggling non-core brands.
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Does the apparel and body care company's reorganization highlight a new direction?
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Tom Ford, the designer who helped to revitalize the Gucci brand, is tapping into a growing market for male grooming with the launch of a new menswear range and shop in New York next year.
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In the latest round of musical chairs at France's fashion houses, the Gucci Group appointed Valerie Hermann from the Christian Dior house as chief of Yves Saint Laurent.
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Freddie Mac FRE.N, the No. 2 U.S.  mortgage finance company, on Monday said it will restructure  its securities and sales trading group as part of an effort to  streamline its business operations.
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The retailer's CEO steps down amid a shakeup in operations.
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Robert Polet, the new chief executive of Gucci, has vowed to double the size of the core Gucci brand over the next seven years. He also said that loss-making
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New York's attorney general orders the company to change its advertising strategy.
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I.B.M. has been reorganized from a classic multinational company to become a more seamless global enterprise.
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Robert Polet, the new chief executive of the Gucci Group, wants to double the sales of Gucci's own brand-name merchandise in the next seven years.
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Paul Jewell has been tipped for a quick return to club management as the replacement for former Bolton boss Sammy Lee.