Tuesday, 9 June 2009

Versace’s CEO Has Resigned – 6/6/09

Yesterday it was only a rumour. But today, the MO Down can confirm that Versace officially announced that their CEO, Giancarlo di Risio, is indeed leaving. According to a Financial Times article, Versace Chief To Quit, Versace claimed the decision was mutual, but gave no explanations for Di Risio’s departure. Kim Winser, the former head of Aquascutum, has been cited as a possible replacement, but we’ll bring you more news as it breaks.

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Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au