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Pierluigi Cocchini appointed new European CEO of Central Group

Pierluigi Cocchini, chief executive officer of Rinascente since 2017, is the new European chief executive officer of Central Group. The company operates in seven European countries through Rinascente (Italy); KaDeWe (Germany); Globus (Switzerland); Illum (Denmark); and Selfridges Group (Selfridges – UK, De Bijenkorf, Netherlands and Brown Thomas...

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JD.com in talks with Central Group for e-commerce deal

Reuters has reported that China's JD.com is in talks with Thailand's Central Group to launch a joint e-commerce venture in a total investment worth 500 million dollars. If this venture goes through, it would help JD.com expand their overseas presence beyond Indonesia and to compete with rivals like Alibaba and Amazon who are ramping up their...

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