VF Corp reports total revenues of US$3.32bn in Q4, with adjusted earnings per share of 97 cents Chairman Eric Wiseman noted that group is please with improving revenues, reflecting international and direct-to-consumer growth. The group expects current strategic and operational actions to generate long-term value for shareholders. Read more.
Maison Margiela names Riccardo Bellini as chief executive officer He joins from Diesel, and will take over from Giovanni Pungetti, who will become chief executive of the Greater China region for parent company OTB. Riccardo has been with Diesel since 2007, where he was most recently EVP of branding. Read more.
Avis Budget reports rental days increased 3% year-on-year outside of the Americas The car rental group reported a 1% decline in pricing and rental days within its American business in the fourth quarter, attributed to the presidential election and a increased fleet in the industry. Read more.