New Ferragamo CEO to start in January, sales rise in Q3

Ferragamo’s new Chief Executive Marco Gobbetti will take the helm from Jan. 1, the Italian luxury group said on Tuesday, after beating analysts’ expectations with a 17.4% increase in third quarter sales at constant exchange rates. Revenues rose by 35% to 785 million euros ($907 million) in the first nine months of the year, mainly […]

Seagate demos industry’s first NVMe hard drive

Seagate showed off a hard disk drive that connects through NVMe at the Open Computing Project (OCP) global summit this week. Limiting a faster PCIe connection to the speeds of a spinning disk drive might be counterintuitive, but it could still have benefits outside of consumer desktop use. Seagate has detailed the project on its […]