Alibaba Group Holding Ltd. President Michael Evans is among 17 current and former Goldman Sachs directors facing criminal charges over their alleged role in $6.5 billion of bond sales by 1MDB.…
Li & Fung appoints Joseph Phi as new group president
As Group President, Joseph will lead the company’s Supply Chain Solutions operating groups, including Business Development.…
Jinqing Cai, President of Kering Greater China
This new management set-up will strengthen the existing corporate structure specifically dedicated to supporting the long-term development of Kering’s luxury Houses in Greater China.…
Nike loses president and vice president in shock exits
Nike Inc. saw both its Nike brand president and vice president resign this week, following reports of inappropriate behaviour.…
Kanebo Cosmetics says President to depart
Kanebo Cosmetics announced that Masumi Natsusaka, the company’s President, is scheduled to leave his post at the end of the year.…
Franck Marilly, new President and CEO for Shiseido EMEA
Japanese cosmetic giant Shiseido has named its new CEO for the Europe, Middle East and Africa (EMEA) region, after it confirmed earlier in the month that Louis Desazars is set to leave the company to …
Korea’s Amorepacific appoints new US head
Amorepacific Group announced the appointment of Jessica Hanson as President and General Manager of Amorepacific US Inc.…
Macy’s Inc. appoints new president, names new merchandising head
American retailer Macy’s Inc. has named Hal Lawton president of its Macy’s division, with Jeff Kantor named head of Macy’s merchandising.…
Samsung, Lotte heads line up for biggest Korean corruption probe
South Korea starts what could be its biggest parliamentary hearing in history this week, as the heads of industrial behemoths Samsung and Hyundai line up with seven other top business leaders to be gr…
Korean Presidential crisis deepens as duty free retailers are raided
The extraordinary political crisis surrounding President Park Geun-hye escalated today, following raids by investigators on the offices of Lotte Group and SK Group.…