Experienced Executive Joins Italian Fashion Retailer
- Slowear appoints former Gucci VP as CEO
- Piero Braga joins Slowear after spending over 16 years at Gucci
- New board members Paolo Ferring and Monica Marsilli also join the company
Italian fashion retailer Slowear has appointed Piero Braga, the former executive vice-president of Gucci, as its new CEO. With over 16 years of experience at Gucci under his belt, where he held positions such as president and CEO for the fashion house’s timepieces, Braga also previously worked at men’s luxury fashion brand Zegna and Italian luxury footwear business, Tod’s. Slowear’s new chairman Paolo Ferring and director Monica Marsilli, former global vice-president of Gucci, have also joined the company. This appointment comes two years after the death of Slowear’s founder, Roberto Compagno, in 2021.
Factuality Level: 10
Factuality Justification: The article provides accurate information about the appointment of Piero Braga as CEO of Slowear, the addition of new board members, and his previous experience at Gucci and other fashion companies. It also includes a quote from Braga expressing his goals for the company’s growth.
Noise Level: 3
Noise Justification: The article provides relevant information about the appointment of a new CEO and board members for Slowear, but it lacks analysis or exploration of long-term trends or consequences of decisions. It also does not contain scientific rigor or actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Slowear’s stock price
Financial Rating Justification: The appointment of a new CEO and board members can impact the financial performance of Slowear, which is a fashion retailer, thus making it relevant to financial topics.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There are no extreme events mentioned in this article.
www.retailsector.co.uk 
