In an exclusive interaction with CEO Insights Asia, Paul Renon enlightens us more about her professional traits and leadership attributes. Could you share some of the major milestones you have crossed and the lessons you learned from those experiences? Another milestone occurred early in my career. During my initial training at my current company, I had a mentor who, despite pushing me hard, had ulterior motives. During a critical project presentation, he interrupted to suggest that the client buy some equipment locally, which ultimately backfired as they couldn't source the required quality. The key lesson here was to quickly learn from mentors but rely on my judgment and capabilities. In this dynamic landscape, resilience & a hunger for knowledge will propel you forward on the path to success These experiences have taught me the importance of humility, respect, and self-reliance. They underscore that determination and discipline are crucial for success. Persistence is always rewarding, and respecting others fosters a positive work environment. Strategically, knowing what you want, making a clear plan, and sticking to it is essential for driving the company's growth effectively. Tell us about your leadership approach. What are the guidelines or methodologies you follow as a leader? How do you guide the company in attracting new market leaders to be a part of your vision and mission? Navigating the digital shift is pivotal for our company's future. While enhancing accessibility and progress, it poses challenges, risking the loss of skilled workers and diluting the value of hard work. We must balance convenience with preserving our work's essence, attracting leaders who share our adaptive vision. What is your anticipation about the market, going forward? In light of your strong professional experience, what would be your advice to budding industry leaders? Paul Renon, Executive Director, Teknokraft acquiring a minority stake in Indian pharmaceutical company La Renon Healthcare from two existing investors for $18.3 million Edited by: Padma Priya Interviews Venture Capital Deals Peter brings extensive expertise in driving value creation through the alignment of strategy "His proven ability to define, quantify, and implement actionable value creation plans will enhance Stax's capabilities to deliver measurable, sustainable results for its clients," said Vince Zosa, Managing Director, Value Creation "Peter will drive our growth in three critical areas: expanding our European capabilities in strategy while building on our proven success in supporting our clients' portfolio companies; leading Stax's international expansion to meet the increasing global needs of our private equity clients; and leveraging his deep expertise in technology—particularly in digitalization and tech-enabled growth—to advise our clients on unlocking transformational value." Peter's career includes leadership roles at EY-Parthenon where he built a track record of delivering impactful results for private equity and corporate M&A initiatives with a particular focus on technology and software "It is a privilege to join Stax at such an exciting time," said Peter Rodrigues-Renon "The opportunity to scale Stax's proven US capabilities in the UK and EMEA markets is unique and energizing action-orientated mindset aligns perfectly with my approach I focus on bridging strategy with operational execution to help private equity clients unlock the full potential of their investments By operating at the intersection of strategy and operations sustainable results while collaborating closely with management teams to drive success." Phil Dunne, UK Managing Director highlighted the significance of Peter's appointment. "Peter's combination of strategic insight and deep sector knowledge makes him an outstanding addition to the team coupled with his experience in delivering value creation strategies aligns perfectly with Stax's culture and commitment to client success Peter's leadership will play a key role in accelerating our growth and delivering best-in-class outcomes for our clients in the UK and beyond." Stax's London office has rapidly expanded to support growing demand from private equity firms and portfolio companies across EMEA The addition of Peter Rodrigues-Renon reinforces Stax's commitment to delivering transformative value creation strategies combining local expertise with global resources to meet the evolving needs of its clients a global strategy consulting firm specializing in commercial due diligence and exit planning for private equity firms,.. Banking & Financial Services Computer & Electronics Personnel Announcements Corporate Expansion Do not sell or share my personal information: explained that he felt “betrayed” by Massimo Renon insufficiently transparent about a pre-tax “hole” of some €100m ($108m) provoked the near-nonagenarian to throw in the towel For the first time since its creation in 1965 Benetton will have to make do without a Benetton This article appeared in the Business section of the print edition under the headline “Prêt-à-partir” Discover stories from this section and more in the list of contents Paramount’s dilemma exemplifies a broader problem The coffee chain’s new boss is struggling to fix its problems After rumors circulating about Benetton Group's CEO Massimo Renon leaving the company Following an agreement reached with Benetton Group Renon is going to consensually leave after completing his term of office After the full and unanimous approval of the financial statements for 2023 which happened in an atmosphere of transparency and collaboration the company and the outgoing CEO mutually acknowledge that a cycle is coming to a close on June 18th “I would like to thank the company and all my collaborators for the precious support I received and the sympathy that was shown to me for the entire duration of my mandate” $(document).ready(function() { adition.srq.push(function(api) { api.renderSlot("renderSlot_Rectangle-2"); }); }); READ ALSO: The People autumn is the season for safety inspections and legally required technical maintenance of südtirolmobil's cableway installations.  The Renon/Ritten light railway (line 160) will change its timetable during the period when the Ritten/Renon cable car is out of service: Service 160 timetable the B161 replacement bus will run hourly between Oberbozen/Soprabolzano Bus Replacement Service Ritten/Renon cable car B161 Oberbozen/Soprabolzano - Bozen/Bolzano) Bus 134: The regular bus line 134 is available to commuters as usual on weekdays (Monday to Friday except Saturdays) also in the evening.  Service 134 timetable Bike transport: Not allowed on replacement buses.  We use functional and anonymous analytical cookies to ensure that our website functions properly and to gain insight into its use we place third-party cookies to show personalised advertisements and offer social media functions By selecting "Accept" you accept all cookies By selecting "Reject" you only accept functional and anonymous analytical cookies Select "Cookie settings" to customise your cookie preferences and read more about our privacy and cookie policy Karel Nierop discusses what's behind banks' net zero commitments with Sven Renon Impact Manager at Triodos Bank and Quentin Aubineau most banks and asset managers have committed themselves to a net zero strategy to be in line with a 1,5-degree global warming scenario And why is it important for financial institutions to have a net zero strategy in place?  While we're ahead in cutting real emissions, new insights and stricter standards mean we can no longer claim to be aiming to achieve net-zero by 2035. We will update our climate strategy accordingly in 2025. For more information about our climate strategy, please look here Quentin Aubineau keeps track of the progress banks are making and explains the importance of the commitments He emphasises that having a net zero goal is nice but having a concrete action plan in place to get there is even more important this is still lacking in many cases.  Triodos Bank, including Triodos Investment Management, committed itself to be net zero in 2035 – which is a very ambitious target compared to the rest of the sector where 2050 is the most common goal. Sven Renon is keeping track of the progress Triodos is making towards its own net zero goal He explains what sets Triodos' net zero ambition apart from other financial institutions and what are the challenges he is facing in the process Triodos Bank's net zero commitment: As One To Zero Triodos Bank has set the ambitious target to reach net zero by 2035 at the latest. Our target not only covers emissions from our own operations (Scope 1 & 2) but also emissions from our entire portfolio of loans to customers and from the complete range of funds managed by Triodos Investment Management (Scope 3) We aim to reach this target by reducing our own emissions and the emissions of the activities we finance We also invest in Nature-based Solutions that remove carbon from the atmosphere Find out more about Triodos Bank's net zero commitment here In conversation with Karel Nierop Head of Products & Solutions at Triodos Investment Management they discuss why the progress on net zero ambitions within the financial sector is lagging behind and what needs to change within the sector as a whole to keep the ambitions of the Paris agreement alive Tune in to our podcast series and listen to leading experts share their insights on a variety of topics - all through an impact lens. Find our other podcasts here Or watch our Inside Impact Investing Masterclasses and grow your knowledge of impact investing Join our experts as they share practical insights to help you navigate this rapidly developing market “We need to go beyond just ticking boxes”Interviewimpact managers Nikkie Yamba-Pelzer and Rebecca Spohrer highlight three impact management trends for 2025: additionality the influence of regulation and impact integrity Are we witnessing a structural shift away from ESG principles or merely a temporary setback Lewis Johnston and Joeri de Wilde examine the implications of this backlash and the future of sustainable investing The turbulence around Trump's tariffs leads to growing fears for a global recession Impact investing is instrumental in navigating the current economic uncertainties Investing in nature-based solutions (NbS) is emerging as a promising pathway to address climate change and biodiversity loss Although impact investing is mostly associated with private equity and venture capital there is a pressing need for impact investors to include public markets in their scope Triodos Investment Management has signed an investor statement to signal our concern about the delay and dilution of the European Union Deforestation Regulation (EUDR) the world must invest in concrete solutions to address the dramatic loss of biodiversity our focus will be firmly on this challenge,” says Femke Bos COP29 in Baku ended with disappointing outcomes at a time when the world urgently needs leadership to come together on a safe and just future for humanity We are an era marked by accelerating changes in which tipping points and interconnected challenges redefine the investment landscape this new reality calls for a different investment strategy Triodos Bank is committed to provide at least EUR 500 million in investments loans and contributions to the nature-based solutions sector by the end of 2030 {{{ title }}}{{#sizeText.length}}{{ sizeText }}{{/sizeText.length}} Landgoed De Reehorst Hoofdstraat 10 3972 LA Driebergen-Rijsenburg The Netherlands Tel: +31 (0) 30 693 65 00 > Directions > Contact our press team > Contact our investor relations team > Energy and Climate > Sustainable Food and Agriculture > Financial Inclusion , opens new tab which have developed a nimbler production and distribution model able to more quickly respond to consumers' changing tastes.In an interview with Italian newspaper Corriere della Sera on Saturday said the group had been expected to break even in 2023 under a three-year strategic plan but a worse than expected financial situation had emerged in recent months.Luciano Benetton told Corriere that current management had surprised the board by unveiling a "dramatic" shortfall.Founded in 1965 by Italy's Benetton family as a clothing manufacturer Benetton expanded to trade through around 4,000 shops globally the last year in which it made a profit.($1 = 0.9209 euros)Reporting by Elisa Anzolin; Editing by Valentina Za Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved Please select what you would like included for printing: Copy the text below and then paste that into your favorite email application This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Service map data © OpenStreetMap contributors The Italian fashion industry is witnessing significant changes as Claudio Sforza steps onboard as the new CEO of Benetton Group Sforza comes with substantial financial and industrial experience having held leadership roles across sectors like construction The appointment of a new CEO comes in the wake of an alarming interview by the company’s co-founder Luciano Benetton where he announced his exit from the company and his position as president He expressed the feeling of betrayal by his management team especially for leading the company to the brink of financial loss The Benetton Group’s board has reportedly approved the financial forecast for 2023 which will be presented to the shareholders’ meeting on June 18 The group’s revenue totaled 1.1 billion euros last year with an overall net loss of 230 million euros partially due to a devaluation of 150 million euros The losses before interest and taxes stood at 113 million euros with net assets totaling 105 million euros Even though Luciano Benetton will step down the family’s holding company and the controlling shareholder of Benetton plans to continue its support of the group’s reorganization and relaunch It has earmarked 260 million euros for this purpose over the next few years It is worth noting that over the past three years Edizione has invested 350 million euros into the Benetton Group’s activities Renon joined the Benetton Group in April 2020 he had held significant roles in other reputed companies like Marcolin His exit comes as another critical milestone in the company’s recent chronology Luciano Benetton had returned to the Benetton Group as executive president in January 2018 with the aim of reestablishing the company that had been experiencing sales decline over the years due to stiff competition from brands like Zara and H&M His retirement in April 2012 had led to the company being led by a non-family member This was after his son Alessandro Benetton Luciano Benetton worked with photographer Oliviero Toscani on a mission to reestablish the company’s identity Jean-Charles de Castelbajac was appointed as the brand’s first artistic director with the objective of shifting away from inexpensive goods and moving production back to Europe United Colors of Benetton appointed Andrea Incontri as its new creative director in July 2022 His debut spring 2023 collection was showcased in September during Milan Fashion Week hinting towards its possible financial difficulties the 89-year-old co-founder of the eponymous textile empire announced on Saturday his intention to step down as chairman of the family-owned Italian group after accusing its chief executive Massimo Renon of wrecking the group's accounts I was betrayed in the truest sense of the word I realised that something was wrong and that the image of the Group that management was presenting to us at board meetings was not real," he told the Corriere della Sera newspaper I intend to explain what happened with the transparency that characterises me without shirking my responsibility," he said Mr Renon left "a 100 million euro hole" after four years at the head of the famous clothing brand During a meeting of the board of directors "the bombshell burst" when "a dramatic budget hole suddenly appeared "We've lost four years and that makes things more difficult because we don't have a magic wand," he points out sacrifices will have to be made," he warned "We will do our utmost to regain the energy of better times and breathe new life into this brand which means so much to our family and bears our name," he said took over the reins of the family holding company Edizione in January 2022 The image of the wealthy family had been tarnished after the collapse of the Genoa bridge which killed 43 people and shone a spotlight on the poor state of Italy's transport infrastructure the Benetton family decided in March 2023 to change the name of its Italian motorway and airport group Atlantia Founded in 1965 in north-east Italy by four brothers and a sister Benetton was initially known for its soft little woollen jumpers in a wide range of colours The success of the "United Colors of Benetton" went from strength to strength reaching global proportions between 1982 and 2000 with the striking advertising campaigns of photographer Oliviero Toscani But the brand then went through more difficult times Luciano Benetton took over as CEO in 2018 in an attempt to turn the company around but the appointment of Massimo Renon as CEO did not produce the desired results "I left the company in 2012 when it was in good health with sales of €2 billion and profits," recalls Mr Benetton This article originally appeared on FashionUnited.FR Lynette Ortiz grasping at straws? Dennis Uy turns (again) to Cebu property developer to cover P1.4B Landbank loan as PHR cash troubles deepen The road to recovery: Mike Arroyo to return to the Philippines after successful treatment Loan scam warning: BSP disowns links to UNA Financing Three years running: Dennis Uy’s DITO continues to rule as Philippines’ top mobile network – Ookla Consumer group urges Marcos to order audit of Meralco’s books from 2005 to 2024 amid rising power costs Legal clouds clear: With Sobrepeña out, Camp John Hay attracts P248M in new investments The soul of Senigallia: Where land, sea, and flavor unite at Uliassi No deal: Campos family opts out of $45M US settlement, lenders take over Del Monte Foods board Peru suspends gold mining in north after massacre Trump orders curb on virus research he blames for Covid pandemic Dizon says old system broken: DOTr to tighten road safety measures, limit bus driving hours after fatal crashes Scottie Scheffler finishes Byron Nelson -31 for first win of ’25 Despite stepping down from his executive role Reñon will continue to serve the company as Senior Advisor to the Chairman Reñon will provide advisory support to the Chairman assisting with strategic decisions and undertaking responsibilities as assigned The move allows PLDT to retain Reñon’s expertise and industry knowledge while transitioning him away from operational responsibilities Reñon has been instrumental in strengthening PLDT’s internal audit processes and governance during his tenure His continued involvement in an advisory role is seen as a valuable asset as the telco giant moves forward with its strategic initiatives Elevate your understanding of the Philippine business landscape and gain insights into worldwide markets by subscribing to our dedicated channels and exclusive interviews with industry leaders directly on Viber Stay informed and empowered with our Email Newsletter delivering curated content right to your inbox Don’t miss out on crucial updates and trends shaping economies and businesses both locally and internationally Join Bilyonaryo’s community today by clicking the button below to subscribe and stay ahead in the dynamic world of business the Benetton family's financial holding company the Benetton Group's board of directors closed unanimously approving the draft 2023 advisory budget to be subsequently submitted for approval to the shareholders' meeting which was highly anticipated after the controversy and tensions of recent days also identified the Ponzano-based group's new CEO: he is Claudio Sforza who takes over from Massimo Renon and has a background in sectors far from fashion having worked in the Italian steel company Ilva The group's board of directors noted the resignation of CEO Massimo Renon (whose term was expiring) and chairman Luciano Benetton (who had announced his intention to leave in an interview with Corriere della Sera in recent days) and the entire board of directors During the shareholders' meeting of June 18 (which will not be attended by members of the Benetton family) they will appoint a new board and the new CEO Sforza officially Claudio Sforza is currently manager of Astaldi and has been working alongside Enrico Laghi which stood at group-certified losses totaling €230 million (also due to €150 million in writedowns) and shareholders' equity of €105 million The board of directors unanimously approved the group's revitalization plan thanks to the intervention of the Edizione holding company which will bring an immediate cash injection of €150 million for the textile-clothing group Edizione had already allocated €350 million to Benetton Group's operations The reorganization project has already started and has been entrusted to consultants Bain & Co $(document).ready(function() { adition.srq.push(function(api) { api.renderSlot("renderSlot_Rectangle-2"); }); }); READ ALSO: The Brands The Italian fashion empire Benetton will recruit a new general director to straighten out its accounts and replace Massimo Renon who had been publicly accused by his co-founder Luciano Benetton sources close to the company said on Tuesday a "manager with recognised financial and industrial expertise" will be given the onerous task of "managing the reorganisation and relaunch of the company" has held executive positions at a number of major Italian groups He was CEO of gaming company Gamenet and CFO of postal group Poste Italiane Mr Sforza's appointment must be approved by the Benetton group's general meeting of shareholders on 18 June when Massimo Renon's term of office expires announced on Saturday he was stepping down as chairman of the Italian family-owned group He accused his chief executive of leaving "a gap of 100 million euros" after four years at the helm of the clothing brand the figures adopted by Benetton's board of directors on Tuesday turned out to be even worse than forecasts Benetton saw its net loss almost triple to 230 million euros in 2023 after already recording a loss of 81 million euros in 2022 This loss was mainly due to impairments of 150 million euros Benetton has accumulated losses of more than one billion euros Benetton's turnover was 1.09 billion euros The group also posted an operating loss of 113 million euros Family holding company Edizione plans to "support the Benetton Group's reorganisation and recovery plan by investing 260 million euros in the coming years" having already invested 350 million euros in the previous three years Luciano Benetton criticised Mr Renon for destroying the group's account I realised that something was wrong and that the image of the group that management presented to us at board meetings was not real," he said in an interview with Corriere della Sera Benetton was initially known for its soft wool jumpers in a wide range of colours 'United Colors of Benetton’ became increasingly successful reaching global proportions between 1982 and 2000 thanks to the eye-catching advertising campaigns of photographer Oliviero Toscani But the brand then went through more difficult times and steadily declined failing to innovate in the face of ‘fast fashion’ a trend characterised by the rapid renewal of clothes on sale and the rise of chains Zara and H&M Luciano Benetton took the helm of the brand in 2018 in an attempt to turn it around but the appointment of Massimo Renon as CEO did not lead to the expected results.(AFP) Enter your phone number above to have directions sent via text Renon began his career at Giacomelli Sport where he led the sportswear group's retail development in Italy aside from a brief stint at Ferrari in 2010 serving as commercial and customer service director Pangilinan-led Metro Pacific Tollways Corporation (MPTC) today announced a strategic leadership change to strengthen its focus on operational excellence and robust financial management the new set of officers — NLEX Corp Chief Finance Officer Ma Metro Pacific Tollways South (MPT South) Vice-President for Finance Elnora D and Metro Pacific Tollways Mobility Corporation (MPT Mobility) Vice-President for Finance Angel L Carbo — will assume leadership of their respective business units as Officers-in-Charge They will oversee the companies’ financial strategy guide fiscal priorities and lead various critical initiatives MPT South President and General Manager Raul L MPT Mobility President and General Manager Roberto "Bobby" V and MPTC Chief Human Resources Officer Lea M This management realignment follows closely on the heels of MPTC’s newly- appointed President and Chief Operating Officer to ensure the seamless execution of operational initiatives “The decision to elevate financial leadership at this juncture reflects our direction to ensure the subsidiaries are positioned for continued growth and aligning them with MPTC’s broader goals as we work to deliver 5-star service to our motorists,” said Perez leveraging his expertise to enhance the company’s fiscal position Renon previously served as Senior Vice President for MVP-owned PLDT where he led its internal audit division and website in this browser for the next time I comment Benetton was one of the first companies to be serious about the environment; banning all plastic bottles 20 years ago; building all its parking lots underground 30 years ago asking clients to say "I want my clothes back,” in possibly the first fashion recycling ad Join Our Mailing list "We can all recognise ourselves in the letter," said teacher Isabelle at the protest in front of the education headquarters for the Seine-Saint-Denis region in northern Paris trembling in the midst of hundreds of fellow teachers "I am Christine Renon," said Isabelle's poster borrowing from the "Je suis Charlie" (I am Charlie) slogan adopted worldwide after the jihadist attacks on French satirical magazine Charlie Hebdo in 2015 Another protester bore aloft a cardboard placard imploring: "leave us to teach." A caretaker at the school in Pantin found 58-year-old Renon's body in the lobby on September 23 Renon had written a letter addressed to about 30 colleagues in which she bemoaned the accumulation of "time-consuming tasks" and detailed her "exhaustion" Thursday's protests were organised to coincide with Renon's funeral About half of schools in the Seine-Saint-Denis department were closed a few hundred teachers marched on the education department in Lille in the north one read Renon's letter to the gathered crowd several dozen teachers observed a moment of silence outside a school Some told themselves: 'I could have written some of this myself'," said Benjamin Grandener France's education minister Jean-Michel Blanquer said Thursday he was "ready" to discuss the working conditions of school principals Chateau Renon has become the second Bordeaux wine property within two weeks to be sold to a Chinese investor and its new owner plans to both produce wine and use it as an entertainment venue has bought the Chateau Renon building (pictured) and 5ha of grounds as well as the 8ha Chateau Renon Ouest vineyard It is the second deal negotiated over the Christmas and New Year period by Christie’s-affiliated estate agency Maxwell-Storrie-Baynes, after it sold Chateau Birot to China’s New Century Tourism Group A fee for Renon, located in Tabanac in the Cadillac Cotes du Bordeaux area Local government data showed that average vineyard prices in the area were between 7,000 and 30,000 euros in 2013 Maxwell-Storrie-Baynes (MSB) said that Zhou who is based in Beijing and is chairman of a packaging company listed on the Shenzhen stock exchange is already a member of the St Emilion Jurade; the invitation-only club for lovers and promoters of the right bank appellation’s wines Zhou plans to use Renon as a base for his family in the Bordeaux region and also as a ‘venue for entertaining people from the Chinese wine industry built in 1802 and with 16th Century cellars includes a stables and was renovated in 2002 by a Bordeaux architect and a specialist in Feng Shui Zhou said that he is ‘committed to protecting the heritage and integrity of the estate’ Most of the wine produced is set to be exported back to China Both the Renot and Birot deals reinforce a trend for Chinese investors to target Bordeaux chateaux in cheaper areas and appellations Sign in Join now, it's FREE! healthcare workers at Groves Memorial and several other local hospitals got a surprise and much needed break from the action As part of National Nursing Week (May 6-12) local RBC employees surprised nurses and other frontline healthcare workers with thank you notes and gift cards According to RBC Regional Vice President Melanie Renon it was very important that these small gestures of thanks were delivered by hand “We did have tables set up in the main reception areas I really enjoyed having the opportunity to personally go around the hospital and visit those who weren’t able to step away from their stations to go get a card,” said Renon “These selfless people are so committed and rarely seek the spotlight and seemed so pleasantly surprised that someone was making the effort to seek them out and say thanks.” Groves was one of 10 hospitals in Southwestern Ontario that received similar visits Renon and her fellow RBC volunteers delivered 4,000 thank you cards to frontline healthcare workers at Hanover & District Hospital Alexandra Marine & General Hospital in Goderich Groves Memorial Community Hospital in Fergus Headwaters Health Care in Orangeville and Clinton Public Hospital The gifts and gestures of thanks are part of the RBC Foundation’s overall $6 million commitment this year for reskilling and improving the resiliency of nurses and healthcare workers at hospitals across the country The RBC Foundation has been supporting nursing education in Southwestern Ontario for over 15 years ($180,000 in donations across 23 hospitals in Southwestern Ontario this year alone) Registered Nurse and Clinical Resource Leader at Groves Memorial the visits and personal gestures of thanks will be remembered for a long time and staff were so excited to be recognized and given a card to get lunch or a coffee ‘on RBC’,” said O'Brien “It has been a challenging time for healthcare workers and being thanked like this really brightened all of our days.” The challenging time is reflected in a February 2024 Statistics Canada report that indicated Canada’s healthcare workforce is struggling to keep up with demand resulting in decreased access to primary care for patients.  healthcare continues to be one of the top three concerns facing Canadians,” added Renon “But perhaps lost in the shuffle are the many healthcare workers who may be feeling undervalued and burnt out — but still always answer the call Healthcare workers are incredibly important to our local communities.” Held in honour of nursing pioneer Florence Nightingale National Nursing Week is designed to increase the awareness of the many contributions nursing makes to the wellbeing of Canadians. Nurses are Canada’s largest group of healthcare professionals National Nursing Week ran this year from May 6-12 Marcolin Group is among the world’s leading companies in the eyewear industry with a portfolio of designers and brands it produces eyewear under license for including Tom Ford In 2018, the company sold about 14.6 million eyeglasses. Recently it has become the first international eyewear company to collaborate with award-winning sustainability platform Positive Luxury set to become a sponsor of the Innovation of the Year Award at a ceremony taking place in London on 25 February gives an insight into the company and its unique ability to faithfully combine design and Italian craftsmanship with the core values of each brand What is the attraction for brands to work with Marcolin Group on their eyewear Marcolin is recognised as the probably the highest quality player and the one more focused on the design and quality of the product It was the quality and innovation that attracted me to join the company in the first place We will consolidate all the activities that we have put in place and all the new brands that we are launching eyewear for such as adidas – which we announced in June We also confirmed in September that we will be launching OMEGA eyewear as another global partner for eyewear and even more recently we’ve agreed to produce sunglasses and optical frames for BMW Victoria’s Secret is another strong brand that we’ve added to our portfolio recently but in spring 2020 we will be launching them all in the market through all the stores we supply There is also another new brand agreement that is likely to be announced at the beginning of next year It was initially established in Italy in 1961 by Giovanni Marcolin who originally produced eyewear under the Marcolin brand as well as for third parties – originally a couple of local players that don’t exist anymore The Marcolin brand does still exist in the US The biggest and most recognised brand to come on board with Marcolin for eyewear was Dolce & Gabbana in the 1990s though the brand had previously worked with the likes of Roberto Cavalli and John Galliano Which of the brands that you produce eyewear for has been the most successful which we started with 15 years ago in 2004 I think it’s been so successful because it was started from scratch He was just a very famous designer coming from Gucci he decided to put in place his new brand – under his own name From nothing he became one of the top 10 eyewear brands in the world In our industry it’s a very common business model produce and distribute the products for the brands and then we have the right to use the logo and the name on our products Do the brands also get involved with the designs We absorb their input and we get immersed in their DNA then we put all that input from them into the product We work alongside their designers and everything has to be signed off by the brands There is an element of going from dream to reality with some creative directors from brands Do you have different designers working with different brands we have a specific division working only on Tom Ford and the same thing for Guess – our second largest brand Then we have designated designers for Moncler adidas and all of the 25 brands that we have in our portfolio Most of the designers come from Italy – from the same region in our district of Belluno That’s where we design and produce all of the made in Italy frames but we also have a US design team based in New Jersey who design for the US market – different frames shapes and colours which are quite different from European trends We also have an Asian design team based in Hong Kong They design with a different fit because consumers in the Asian part of the world require it What’s the real difference in quality in what you produce for Tom Ford compared to say Gant all of the Tom Ford sunglasses are made in Italy so the quality is higher as it’s almost a handmade product where as the Gant product is made in China – so there’s a gap in quality as well as price the shapes are very different because Tom Ford is a fashion product which includes input coming from a real fashion guru so simple shapes for a lot of different faces The luxury fashion brands are produced in Italy at our own factory in Belluno What sort of market share does Marcolin have on a global scale because it’s whether you consider the whole market or specifically the fashion market but I can say that Marcolin is in the top four players in the world The biggest one is a €23 billion company called Luxottica The other two are also from the same region in Italy as us so we are all in competition to be number two In 2018 the company sold about 14.6 million units but how did that grow from 2017 and what are the expectations for 2019 but we are expecting to be flat for 2019 versus 2018 because we decided to clean up our portfolio with some low performing brands and to substitute them with the new license agreements as mentioned before There are also no plans to in the short-term There are also no plans in the short-term to relaunch a Marcolin Eyewear brand because to create a brand is much more difficult than to make one that you already have in your portfolio bigger The Marcolin brand is almost unknown to most of the consumers and you need to invest a lot of money in advertising and making it more visible We prefer to concentrate on the organic growth of the brands we have in our portfolio Which brand do you potentially see as being your next Tom Ford We have two strong players in Swarovski and Timberland and either of those could potentially be the next Tom Ford We also now have big expectations with adidas and the trend now is for more sporty product in the market We are expecting to have great success with the adidas collection Do you now have a real focus on sustainability eyewear company to focus on sustainability Marcolin Group is also the first international eyewear company collaborating with Positive Luxury We will demonstrate to our partners and consumers that we are tracing a new path in the sustainability Our relentless pursuit of innovation and experimentation has also led Marcolin Group to become the first sponsor for the Positive Luxury Innovation of the Year Award with Timberland we have been producing eco-sustainable eyewear since 2008 Going forward we are going to extend this process for all of the company By clicking 'Get the Newsletter' below, you agree to receive the newsletter & marketing communications from theindustry.fashion. 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You can also get more information about our cookie policy here The company has appointed Massimo Renon as new chief executive officer Renon has managed Italian eyewear giant Marcolin for the last three years that has been lead by Luciano Benetton since his comeback in 2017 has appointed Massimo Renon as new chief executive officer The executive has over 20 years of experience in Italian brands After starting its career in Giacomelli Sport where he developed a strong international profile although he quickly returned to eyewear joining Safilo he was hired by the third largest Italian eyewear group as new general manager and chief executive officer the same year Marcolin signed a deal with French giant LVMH to create a joint venture called Thélios Benetton has been immersed in a relaunch plan for several years In an interview to newspaper La Republicca in 2019 Luciano Benetton foresaw that the company will report again net profits this year who shoot its famous campaigns in the late aughts named Jean-Charles de Castelbajac new artistic director and started to open stores after years of closures info@themds.com  MDS does not perform prior verification for the publication of comments to prevent anonymous comments from affecting the rights of third parties without the ability to reply all comments require a valid email address which won’t be visible or shared. Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email Publications Please fill the registration form to subscribe to the MDS Newsletter and receive all fashion industry-related news analysis and opinion articles on the fashion business in Spain and the rest of the world We are delighted to announce the successful PhD examination of our student Eva Renon The examiners praised the originality and ambition of the thesis as well as the wealth of the data collected through 133 personal interviews of business leaders lobbyists and government officials in Argentina The thesis' framework provides has the potential to support further research on Sub-Saharan African countries The thesis overall improves our understanding of the conflicts within the business community and how firms contribute to policymaking The title of Eva's thesis is 'Bringing the Firm Back in the Analysis: State-Business Relations in Latin America and their Impact on Policies’. Eva worked under the supervision of Dr Néstor Castañeda and Professor Paulo Drinot UCL Institute of the Americas offers a comprehensive suite of degree programmes ranging from undergraduate to graduate research, with a focus on the American continent, from a multi-disciplinary perspective. If you are interested in pursuing your PhD studies with us, please have a look at our Graduate Research page Eva Renon | academic profile Dr Néstor Castañeda | academic profile Professor Paulo Drinot | academic profile Graduate Research studies at UCL Institute of the Americas | webpage Tuesday | May 06 2025 | 250,000,000 in FY 2021-22 and aims to clock Rs The company says that its growth is driven by its state-of-the-art battery manufacturing systems and pack-building capabilities in the corporate world across industries like automobiles Renon India is gearing up to set a new benchmark in the energy storage sector.  The company has a manufacturing facility in Surat which is spread across a 20,000 sq ft area This facility is extensively involved in the development of products such as Swappable battery packs for e2W's and other Li-ion Battery Packs for Mobility and Stationary applications with quality as a primary deliverable.  from a nameplate capacity for stationary packs to the opening of an R&D center in Bengaluru in 2021 The company has plans to reach a 500+ MWh production line capacity milestone soon with production technologies capable of producing 3000+ packs each month It is currently concentrating on swappable battery pack research and in-house BMS development It also expects growth at a CAGR of 50 percent during the next three years utkarsh@businessworld.in  Subscribe to our newsletter to get updates on our latest news You don't have permission to access the page you requested What is this page?The website you are visiting is protected.For security reasons this page cannot be displayed Global eyewear company Marcolin Group and leading European private equity firm PAI Partners has appointed Massimo Renon as Marcolin’s new worldwide commercial general manager Renon will manage the direction of licensing “We are pleased that Massimo joined Marcolin,” said Zoppas “His extensive experience in the eyewear industry and commercial field will lead the company to further strengthen its distribution network and competitiveness in the global market.” Marcolin Group sold over 14.3 million pairs of eyeglasses in 2015 and has a brand portfolio that includes Tom Ford You are using an outdated browser. Please upgrade your browser or activate Google Chrome Frame to improve your experience has announced a new full-year revenue target as well as plans to ramp up its annual lithium battery manufacturing capacity from 200 MWh to more than 500 MWh Renon has a lithium battery production plant with a capacity of 200 MWh in Surat Lithium battery manufacturer Renon India aims for a revenue of INR 40 crore ($5.02 million) in fiscal 2022-23 It said it also expects average annual growth of 50% over the next three years Renon has a 200 MWh production facility in Surat district It said it soon plans to expand to more than 500 MWh develops swappable battery packs for electric two-wheelers (e2Ws) and other li-ion battery packs for mobility Renon India has grown significantly from a nameplate capacity for stationary packs to opening an R&D center in Bengaluru in 2021 It is currently focusing on swappable battery pack research and in-house BMS development More articles from Uma Gupta Please be mindful of our community standards Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so You may revoke this consent at any time with effect for the future in which case your personal data will be deleted immediately your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled Further information on data privacy can be found in our Data Protection Policy By subscribing to our newsletter you’ll be eligible for a 10% discount on magazine subscriptions Δdocument.getElementById( "ak_js_2" ).setAttribute( "value" Δdocument.getElementById( "ak_js_3" ).setAttribute( "value" This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy. × The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this Close Italy's Benetton family is readying plans to address mounting losses at its eponymous clothing retailer including parting ways with CEO Massimo Renon after four years two people close to the group said on Monday The board of the clothing group is expected to meet on Tuesday to discuss a net loss of around €230m for 2023 which includes impairments a source with knowledge of the matter told Reuters Join the Irish Independent WhatsApp channel Renon will run the licensing business, product, marketing and worldwide sales, reporting directly to Giovanni Zoppas Marcolin CEOZoppas said of the appointment: “[Renon’s] deep experience in the eyewear industry and marketing expertise will further strengthen the distribution structure and competitiveness of Marcolin in the global market." The Ritten/Renon plateau extends north of Bozen/Bolzano at an elevation between 700 and 2260 meters above sea level The sunny terrace with its nearly 8,000 inhabitants in the villages of Klobenstein/Collalbo Oberinn/Auna di Sopra and Wangen/Vang is one of the most outstanding hiking areas in the Alps The Ritten Arena is a center for sports activities Numerous sports events take place there throughout the year The Brentonico plateau and its surrounding forests and meadows range from 600 to 2,000 meters above sea level on Monte Baldo the first mountain one encounters when hiking in Trentino This mountain has been known as the “Garden of Italy” since the 1500s for its rich biodiversity of rare plants and flowers It became the “Monte Baldo Natural Park” at the beginning of the 21st century which is the most populous settlement in the park offers historical and cultural elements of great significance stemming from its long history dating back to the times of the barbarians Right after a few kilometres of uphill from the neutral start in Ritten/Renon there is a long initial downhill also featuring several tunnels in its second part which will lead through the city of Bozen/Bolzano the route climbs gently towards Kaltern/Caldaro to then find a long flat stretch winding through the apple orchards and vineyards of the Adige Valley the first real ascent of the day will begin after about 10 km of demanding but regular climbing This will be followed by a fast descent and another 25 km of almost flat terrain to reach Avio where the long and demanding final climb will be tackled: slightly over 15 km of steady ascent to the finish line in San Valentino di Brentonico This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Before the start of the spring and summer seasons the Ritten/Renon light railway and the Mendel/Mendola funicular will once again undergo the overhaul and technical inspections required by law Bozen/Bolzano - Ritten/Renon (bus B161): for commuters the replacement bus runs hourly between Bozen/Bolzano (cable car valley station) and Oberbozen/Soprabolzano (station) To travel between Bozen/Bolzano and the Ritten/Renon high plateau Bus Replacement Service Renon/Ritten cable car B161 Soprabolzano/Oberbozen - Bolzano/Bozen) Kaltern/Caldaro - Mendel/Mendola (bus 134):  a replacement bus is available for commuters on weekdays (Monday to Friday except Saturdays) on the Mendelpass/Passo della Mendola – Kaltern/Caldaro (St Timetable Bus Line 134 Mendola Pass-Caldaro (at the bottom on the second page) Bicycles are not allowed to be transported on the replacement buses.  B2B Connect Meteor Venture | promoting potential startups to reach their zenith of success Beingartifex | A Unique skills development platform for students Startup Story Launches COVID Relief Campaign -2021 Nexus backed Blueshift raises $30M in Series C round led by Fort Ross Ventures, Avatar Growth Capital Edtech startup Doubtnut raises Rs 224 Cr in Series B round led by SIG, Lupa Systems Neuralink monkey is able to play ping pong amazingly Pension To Be Provided To Dependents Of COVID-19 Victims; Govt Launches Scheme Jai Kisan Raises Funding $30M Round Led By Mirae Asset In-principle Approval From Paytm’s Company Board To Raise Around Rs 22,000 Crore, IPO Pharmaceutical company La Renon which is backed by Sequoia Capital has recently announced the acquisition of a majority stake of 51% in Enaltec Labs This deal values the latter at a post money valuation of INR 180- 200 crore “This acquisition will help in meaningfully building and growing our core business and also allow us to backward integrate and develop for the first time in India APIs and to launch first of its kind formulations with DCGI approval,” La Renon’s Chairman Pankaj Singh said La Renon has officially marked its entry into development specialised and complex active pharma ingredients for India and overseas markets The recent partnership would allow the company to become a fully integrated pharmaceutical company and utilise the synergies to expand in the Indian market La Renon will gain access to the innovative and fast-growing API space “This is a structured deal based on Enaltec’s performance between October 2021 and September 2022 and after achieving about 15-18% Ebitda—the conversion of stake will be ascertained,” said La Renon’s Chief Financial Officer “La Renon will end up with a higher stake than 51% if Enaltec fails to achieve those business targets This is entirely the primary capital which is going into Enaltec.” Virat Kohli Joins Homegrown Sportswear Brand Agilitas as Investor and Co-Creator, Set to Launch One8 Globally... 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Automated page speed optimizations for fast site performance The Renon/Ritten cable-car will be out of service from 8 to 26 November and the Mendola/Mendel funicular from 15 November to 19 December 2021 This year’s maintenance and inspection works include replacing the rope that provides the traction in the Renon/Ritten cable-car system The new hauling rope is approximately 10,000 m long and made of steel cable with a diameter of 40 mm It weighs a total of 80 tonnes and was recently delivered by special transport from Brescia Equipped with a hauling rope and two support cables the Renon/Ritten ropeway system was the first tri-cable gondola lift in Italy when it was inaugurated in 2009 During the maintenance and inspection works from Monday 8 to Friday 26 November 2021 the Renon/Ritten cable-car will remain closed A replacement bus service (161E) will call at all stops along the route with services running hourly on an almost non-stop basis between Soprabolzano/Oberbozen and the valley station of the cable-car in Bolzano/Bozen the Renon/Ritten light railway will operate on a reduced timetable the Mendola/Mendel funicular will remain closed for maintenance works the following replacement bus services are available to commuters in the mornings and evenings: