Nicolas Abboud, chief executive officer of de Grisogono, has suddenly left his post, after only about six months on the job.
Fawaz Gruosi, creative director and founder of the 20-year-old fine jewelry and timepiece brand, continues with the company. Earlier this year, Gruosi sold a majority stake in the business to a group of investors, which put the company on firmer financial footing and installed Abboud as ceo in the spring.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)