• PRADA CONFIRMATION: François Kress has joined New York-based Prada USA as chief executive officer, a Prada spokesman said. This confirms a report on WWD.com. No further details were available, and the company has no plans to formally announce his hire. Kress was previously managing director of Bulgari’s jewelry, watch and accessories division. At Prada, he succeeds Graziano de Boni, who left the Italian brand in late October to head up the Reed Krakoff division at Coach Inc.

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