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Retail appointments for the week

Inside Retail

Former Topman managing director joins BooHoo. BooHoo Group has appointed Mitch Hughes as the new managing director of its newly acquired Arcadia Group brands Dorothy Perkins, Wallis, and Burton. Hughes, Topman’s former MD, joined Arcadia in 2015 as the buying director of Burton. He joined BooHoo last month.

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Gucci creative director Alessandro Michele set to depart

Inside Retail

Gucci has been successfully revamped with a bold new style since Michele took over the top creative role there in January 2015. “Overall, the notion of change in the creative lead at Gucci is likely to be viewed positively by the market, and in Kering’s share price,” they added.

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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

As part of the arrangement, Glow obtained 51 per cent ownership of Cargo Crew, with the brand retaining full management control. Also important was the fact that Cargo Crew was able to maintain full management control of the brand “The way we see it is that Glow is a majority investor and a true partner.

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L’Oréal invests in innovation, Gjosa & sustainability amid record results

Inside Retail

L’Oréal initially invested in Gjosa through its corporate venture capital fund, Bold (Business Opportunities for L’Oréal Development), in 2021 and has been partnering with the start-up since 2015 to optimise water-saving technologies.

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Retail appointments of the week

Inside Retail

Abloh’s official Instagram said he had battled a rare, aggressive form of cancer known as cardiac angiosarcoma, and chose to keep his battle private. SurfStitch managing director Justin Hillberg steps down. Hillberg joined SurfStitch as merchandise manager in 2014, before becoming general manager in 2015 and managing director in 2018.

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Leveraging Taxonomies: How Asset Managers Are Using New Sustainability Classification Systems – Part I

Eye on ESG

Now, more than ever, investors and asset managers alike seek sustainable products and strategies offering robust financial returns. We then set out our analysis of the ways asset managers are already leveraging taxonomies in their businesses based on a review of publicly available responsible investment reports.

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Behind the scenes of Country Road’s good business journey: Video

Inside Retail

Last week, Country Road managing director Elle Roseby shared how the retailer is redefining what it means to be a good business as part of our 2023 series of Masterclasses. Not the end of the journey While Country Road has come a long way from where it was back in 2015, the journey is nowhere near over.

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