Following the release of Geox year-end sales, which fell 1.8 percent to 884.3 million euros, and despite the confidence of president Mario Moretti Polegato, shares were down 6.1 percent to 2.68 euros in mid-day trading on the Milan Stock Exchange on Friday.
The appointment comes at a key time for the Space Age brand, which is expected to appoint a new creative director in the coming weeks.
The company said Haig was stepping down by mutual consent and with immediate effect.
VF’s charitable foundation is also donating $1 million to support the school, and it will open an office on the school’s research campus.
Cook was the former chief merchant at Holt Renfrew.
The role is a new one and Kosagowsky will be part of the senior leadership team.
The French department store is shoring up its own internet offer and seeking growth by expanding abroad.
Cuneo’s new role is effective immediately.
As the industry changes at light speed, new ceo’s are stepping up to the challenge.
The aim is to train luxury’s future business leaders.
He succeeds Donna Colaco, who is leaving to pursue other opportunities.