The president of VF International, Karl Heinz Salzburger, announced that Patrik Frisk has been promoted to president of outdoor & action sports (EMEA), responsible for the JanSport, The North Face, Reef and Vans brands in the EMEA (Europe, Middle East and Africa) region.
The Swiss watch industry is facing its sharpest drop in demand in more than two decades as the wealthy put off buying expensive timepieces and retailers slow orders as they try to get rid of excess stock.
As the economy gets ugly, droves of out-of-work Australians, male and female, are finding a career in beauty really pays. Avon, the largest direct selling beauty company in the world, has recruited more than 7,000 door-to-door saleswomen -- and men -- in February alone.
Luxury goods group Burberry is planning for trading to remain tough but expects cost-cutting to underpin earnings this year, it said on Tuesday 19 May as it met forecasts with a 12.5% fall in 2008/2009 profit.