Flipkart is working to regain stability following the departure of its co-founder and Flipkart Group CEO Binny Bansal. CEO Kalyan Krishnamurthy is reportedly negotiating a number of senior hires for the company.
French cosmetics firm L'Oréal on Monday said Chief Financial Officer Christian Mulliez was set to leave the firm next year for personal reasons and would be replaced by Christophe Babule, another company veteran.
The French department store group has put the former CEO of Lancel, Marianne Romestain, in charge of the fashion, accessories and beauty range and purchases for the Galeries Lafayette and BHV Marais stores.
After only five months, Laurie Van Brunt has stepped down from her role as CEO of the casual apparel retailer, leading the company to appoint former interim CEO Michael C. Appel to the position on a permanent basis.
The chief executive officer of Indian online fashion retailer Myntra, Ananth Narayanan, has reportedly decided to resign, days after the co-founder and group chief executive of its parent Flipkart stepped down.
Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.