Fashion
VSP Vision appoints Nicola Zotta as head of both Marchon and Marcolin
Published
January 12, 2026
US eyewear group VSP Vision, headquartered in Rancho California, has announced the appointment of Nicola Zotta as president of eyewear and managing director of both Marchon Eyewear and Marcolin. Following VSP Vision’s acquisition of Marcolin, completed last month, Zotta will lead the integration of Marcolin and Marchon, two groups that are global leaders in the design, production, and distribution of eyewear.
“Nicola uniquely combines Italian roots with leadership experience in the US, a proven ability to drive growth, and a deep understanding of, and alignment with, our commitment to all stakeholders,” said Michael Guyette, president and CEO of VSP Vision. “In this new chapter for our eyewear business, we are confident that his guidance and vision will enable us to bring our customers the very best that Marchon and Marcolin can deliver together.”
Zotta succeeds Fabrizio Curci, who has chosen to step down after serving as CEO and general manager of Marcolin since June 2020. To facilitate the transition, Curci will work alongside Zotta as an adviser in the coming months.
In addition, Thomas Burkhardt, Marchon’s president since 2022, has also decided to leave his position and will continue as an adviser to Nicola Zotta, focusing on the integration of the respective brand portfolios of Marcolin and Marchon.
“Under Fabrizio’s leadership, Marcolin has accelerated its growth through the strategic expansion of its brand portfolio, improved operational efficiency and a strong focus on commercial excellence,” Guyette added. “We are grateful for the contribution he has made over the years and intend to build on the foundation laid during his tenure.”
Reporting directly to Guyette, Zotta returns to VSP Vision after serving as CEO of Artsana Group since 2022. A seasoned executive in the eyewear industry, Nicola Zotta was President of Marchon from 2016 to 2022, having previously held key roles at the company, including vice president and managing director for EMEA and APAC from 2009. Before joining Marchon, he gained more than a decade of experience at Safilo, where he held several leadership positions.
“It is an honour to lead two world-class eyewear companies: the combination of their strengths creates an exceptional portfolio of luxury, lifestyle, and performance brands,” said Zotta. “By bringing together complementary capabilities and distinctive strengths, we are ideally positioned to continue offering eyewear of the highest standards of design and quality, underpinned by craftsmanship and innovation.”
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Fashion
India’s real GDP estimated to grow 7.6% in FY26 under new base FY23
Nominal GDP, or GDP at current prices, is estimated to grow at 8.6 per cent to reach ₹345.47 trillion in FY26 against ₹318.07 trillion in 2024-25.
India’s real GDP is estimated to grow at 7.6 per cent to ₹322.58 trillion (~$3.54 billion) in FY26 compared to the first revised GDP estimate of ₹299.89 trillion for FY25 (7.1 per cent growth).
It released the new series of annual and quarterly national accounts estimates with FY23 base.
Real GVA is projected to grow at 7.7 per cent to reach ₹294.40 trillion in FY26 against ₹273.36 trillion in FY25.
Real gross value added (GVA) is projected to grow at 7.7 per cent to reach ₹294.40 trillion in FY26 against ₹273.36 trillion in FY25 (a 7.3-per cent growth rate).
Nominal GVA is estimated to grow at 8.7 per cent to hit ₹313.61 trillion during FY26, against ₹288.54 lakh crore in 2024-25.
Robust economic performance in FY26 is primarily on account of robust real growth observed in the second quarter (8.4 per cent) and third quarter (7.8 per cent).
The manufacturing sector has been the major driver of resilient performance of the economy the consecutive three fiscals after rebasing, a release from the ministry said.
Both private final consumption expenditure and grossed fixed capital formation exhibited more than 7-per cent growth rate in FY26.
Fibre2Fashion News Desk (DS)
Fashion
South Korea’s Misto Holdings completes planned leadership transition
The transition marks the formal handover of executive leadership to President and CEO Keun-Chang (Kevin) Yoon, reinforcing management continuity while preserving the founder’s long-term strategic vision.
Misto Holdings founder Gene Yoon has transitioned to honorary chairman in a planned leadership succession, formally handing executive control to president and CEO Kevin Yoon.
The founder, who expanded the group through the FILA global trademark acquisition and the takeover of Acushnet, will continue guiding long-term strategy as the rebranded Misto focuses on governance and sustainable growth.
Gene Yoon founded the business that would become Misto Holdings in the early 1990s, introducing the FILA brand to the Korean market and later leading a series of transformative transactions. In 2007, the company acquired the global FILA trademark rights through a leveraged buyout, followed by the 2011 acquisition of Acushnet Company, owner of the Titleist and FootJoy brands. The transaction was among the largest cross-border deals in Korea’s consumer sector at the time and significantly expanded the group’s global footprint.
Under his leadership, the company evolved into a multi-brand global portfolio spanning sportswear, golf equipment and apparel, generating approximately USD 3.08 billion in annual revenue.
As Honorary Chairman, Gene Yoon will remain closely engaged with the company, providing guidance on long-term strategy and global portfolio development while supporting management from a broader strategic perspective.
The leadership transition marks a new chapter under President and CEO Kevin Yoon, who has spent nearly two decades in senior roles across the group’s global operations, building deep operational and strategic expertise.
The company’s 2025 rebranding to “Misto” underscores its evolution into a global brand house focused on disciplined capital allocation, enhanced shareholder returns and sustainable long-term growth.
“Building on the founder’s legacy, our priority is to expand our global portfolio, strengthen governance and deliver sustainable value creation,” said Kevin Yoon, President and CEO of Misto Holdings.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
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