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24 Apr

John Galantic Steps Down as President and Chief Operating

John Galantic Steps Down as President and Chief Operating
John Galantic, president and chief operating officer of Chanel Inc., is stepping down from his role. He plans to pursue other profession opportunities. He'll proceed to guide the corporate until June 30. Galantic joined Chanel in 2006 as president and chief operating officer of Chanel Inc. In 2017 he took on the extra global leadership role to ascertain and oversee the Integrated Platform team, recently renamed Global Digital Services and in partnership with Bruno Menard, to grow Chanel.com in addition to the corporate’s digital capabilities. The news of Galantic’s resignation was revealed internally last Wednesday. He couldn’t be reached for comment Monday. “During his time with Chanel, John Galantic has built the brand and the business of Chanel Inc. right...
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27 Jan

H&M Q4 Operating Profit Hit By Russia Exit, One-Time Cost

H&M Q4 Operating Profit Hit By Russia Exit, One-Time Cost
PARIS – H&M Group’s Russia exit and one-time costs caused the retailer’s profits to plunge within the three months to Nov. 30. Within the fourth quarter of its most up-to-date fiscal 12 months, H&M’s operating profit totaled 821 million Swedish kronor, or $79.7 million, versus 6.26 billion kronor in the identical prior-year period, representing an 86.9 percent decrease. “The lower profit within the fourth quarter compared with the identical quarter within the previous 12 months is principally explained by the negative external aspects, lack of the operating profit previously contributed by Russia and the one-time cost of the associated fee and efficiency program,” the Swedish fast-fashion retailer said on Friday.   The group in September unveiled a cost-cutting program through which it hoped...
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28 Dec

Dr. Jennifer Levine Opens Posh Private Operating Room in NYC

Dr. Jennifer Levine Opens Posh Private Operating Room in NYC
Jennifer Levine Opens Posh Private Jennifer Levine Opens Posh Private Celebrities and hopefuls alike swarm to town that never sleeps to face out and pick up the newest trends – if not start them. But there are occasions when privacy and discretion are more valued than the limelight. Getting cosmetic surgery is one in all them. While cosmetic treatments have gotten less taboo and more of a necessity, it’s evident that many big names don’t want the world to know the extent to which they went to realize their look. Countless social media posts discuss the extraordinary transformations of mega-celebrity Kylie Jenner, supermodel Bella Hadid and Recent York native Jennifer Lopez who've denied – and in some cases, later admitted – getting...
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