Geox CEO steps down
31/01/2018
He will replace outgoing chief executive Gregorio Borgo, who Geox said was leaving to “pursue a new professional journey”.
The appointment of Mr Mascazzini is expected to be confirmed at the group’s next board meeting, scheduled for February 1.
He has more than 20 years of experience in the fashion and luxury industry. This has included time at the Gianni Versace and Giorgio Armani groups. His most recent role was as chief operating officer of Gucci’s US division. He has held a range of roles at Kering-owned Gucci since joining in September 2007.
Separately, Geox announced sales of €884.5 million for 2017, a slight decrease compared to the previous year. It said growth in wholesale revenue and the “positive performance” of comparable sales had helped partially offset the planned optimisation of its mono-brand store network.
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