Gucci defections

It was revealed yesterday that two more executives of the luxury goods company Gucci quit the conglomerate. It appears that Group Controller Emilio Foa and Director General of the Group's Swiss Operations, Luca Mayaro, have resigned from their positions.

Since the departure of Domenico de Sole and Tom Ford last April, Gucci has watched a dozen of its executives defect. Until now all the positions have been filled, except for the Chief Executive position at Yves Saint Laurent, which became available when Mark Lee moved to Gucci after Giacomo Santucci's departure in October.

Today Robert Polet is expected to reveal his much anticipated strategic plan at a meeting in London.