EssilorLuxottica is suspending its dividend due to the coronavirus pandemic, it said Monday, adding its annual shareholder meeting has been delayed and its Essilor chief executive officer, Laurent Vacherot, has retired.
The retailer reported disappointing Q4 and full-year results on Thursday and announced the appointment of Traci Inglis as its new CEO, as well as a range of measures being taken to combat the spread of Covid-19.
Jean-Philippe Hecquet has left his position as CEO of Lanvin in a major management overhaul of the brand, which happens to be the oldest haute couture house in Paris. The decision is effective immediately.
Johnny Coca has left his position as creative director of Mulberry, the British fashion and accessories house, as announced on Tuesday, bringing down the curtains on a five-year stint at the famed UK marque.