Next Phase at Globus
Zurich (ots)
Following Central Group's full takeover of Magazine zum Globus, we are now ready to realize synergies and adopt best practices across its European companies. To this end, we are pleased to announce a closer collaboration between Rinascente in Italy and Globus in Switzerland, to further strengthen and reinforce their presence and proposition.
Pierluigi Cocchini, currently CEO of Rinascente Italy and advisor to Illum Denmark, will be appointed the Chairman of Globus.
Franco Savastano, one of Switzerland's most renowned retail veterans, will step down from his position at the end of March after six years at the helm of Globus. Over the coming months, Franco Savastano and Pierluigi Cocchini will work closely together to ensure a smooth transition.
Vittorio Radice, the current Chairman of Magazine zum Globus, will continue to serve on the Globus Board as a member until the new Basel store opens in autumn 2025.
Andre Maeder, CEO of Central Group Europe, stated: "In Pierluigi Cocchini, we have a retailer with a proven track record who will guide Globus through its next phase of development, driving synergies and efficiencies. We look forward to leveraging his expertise and wish Pierluigi success and satisfaction in this role. I would also like to thank Franco for his immense contribution over the past six years during the repositioning of Globus." He added: "Having Franco's support during this transition period is of great value to Globus."
Franco Savastano said: "Over the last years, Globus has gone through a major transformation, including the relocation of the St. Gallen store, the remodeling of Bellevue and Zurich Bahnhofstrasse, and the planning of the new Basel store, set to open in early November this year. I am immensely proud for what has been achieved and wish Globus and all its employees all the best for the future."
Contact:
media@globus.ch