Monday, October 15, 2012

Italian shoemaker Geox replaces top manager to boost growth

Italian upmarket shoemaker Geox appointed a new chief executive on Friday in a management shake-up aimed at boosting expansion in Asia to offset weaker sales in western markets. GeoxIn a statement on Friday evening, Geox said it had appointed marketing and product development head Giorgio Presca as new chief executive of the group, replacing long-term CEO Diego Bolzonello who had worked with Geox since its launch in 1995. The change comes at a crucial moment for the maker of "breathable" shoes,

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