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Worldview: Shanghai Fashion Week Leader Takes on New Role

Worldview: Shanghai Fashion Week Leader Takes on New Role
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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LPP : New vice-president joining the LPP management board -October 11, 2023 at 08:29 am EDT

New vice-president joining the LPP management board

Publication date: 10.10.2023Business

As of 10 October this year, the composition of LPP s management. ....

Tel Aviv , City Of , United Kingdom , Marek Piechocki , Jacek Kujawa , Warsaw Stock Exchange ,

Fashion Retailer LPP Gets Lockdowns Right, Beats Inditex and H&M

(Bloomberg) An $8 billion, family-run Polish fashion retailer maneuvered past a minefield of Covid restrictions across its 27 markets this year, beating both its international competitors and every stock in Warsaw’s blue-chip index. ....

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The Warsaw Voice

Fashion group starts to pay more to employees ....

Marek Piechocki , New Year , Polish Deal ,

Mogul Who Built a $1.1 Billion Fortune Still Bikes to Work

(Source: Bloomberg Wealth)
Marek Piechocki helped build a billion-dollar fortune, but the Polish tycoon isn’t letting it change his ways.
The co-founder of LPP S.A., the country’s largest fashion retailer, shuns the limelight, even avoiding having his photograph taken, and still rides to work by bicycle rather than limousine.
That’s even as his family foundation has accumulated about $1.1 billion in wealth, according to the Bloomberg Billionaires Index. LPP’s stock has more than doubled since November as investors value the company’s e-commerce capabilities even as the pandemic hit sales at bricks-and-mortar stores.
Piechocki, 60, insists on not being called a billionaire, according to a company spokeswoman. He argues the wealth is no longer his. In 2018 he transferred his shares to the foundation, which counts himself, multiple family members and others as beneficiaries. The foundation is barred from selling LPP shares. ....

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