​ASOS has reported its results for the 26 weeks to 3 March and as expected, they're not great. But the company did say it's made strong progress on speed and profit initiatives under its Back To Fashion strategy.

The Parisian luxury house has recruited Matteo Sgarbossa, formerly of Gucci, as its new Managing Director. He succeeds Jean-Jacques Guével, who left in March.

Kering's flagship label is recruiting Stefano Cantino from Louis Vuitton for the newly-created position of Deputy Managing Director, to support CEO Jean-François Palus.

Dexter King has been promoted to senior vice president, global general manager of the cosmetics brand Tom Ford Beauty, owned by the American group Estée Lauder.

Six days after ending the quarter century career of Pierpaolo Piccioli at Valentino, the Rome-based house has named ex-Gucci designer Alessandro Michele to be its new creative director.