Heidi Stevens takes over as CEO of Otto International in mid-May, succeeding Michael Dumke, who’s due to retire at the end of June after 11 years as CEO of Otto Group’s global procurement and services company.
The Paris-based label, which is in the process of rebranding itself, launched a prize competition to bolster the international arts scene. Gaby Sahhar and Kim Farkas were crowned the winners of this first edition.
H&M Group’s youth-focused Monki brand has launched on About You, one of the largest fashion and lifestyle platforms in Europe. About You is currently active in 26 markets with strength in Central and Eastern Europe.
Premium outlet malls operator VIA Outlets said it has raised €600 million in its inaugural green bond issuance and saw “high demand”. The proceeds will be used to refinance most of its outstanding secured debt.