By  on July 18, 2014

PARIS — Michele Sofisti is set to step down as chief executive officer of Sowind Group on Oct. 1 to focus on his duties as ceo of Gucci Watches and Jewelry, as part of a wider reorganization of Kering’s luxury watches and jewelry division, the French group said on Friday.

“The group has decided to put in place a renewed organization in which each company will be managed by a dedicated ceo,” Kering said, adding that a new ceo for Sowind Group would be appointed.

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