Global Brands Group Holding Limited announced that Mr. Bruce Philip Rockowitz, an Executive Director, has stepped down as the Chief Executive Officer of the company and been re-designated as a Non-executive Director and remains as the Vice Chairman of the company, with effect from October 30, 2018. The board appointed Mr. Richard Nixon Darling as an Executive Director and Chief Executive Officer of the company to lead the company's remaining businesses, with effect from October 18, 2018. Bruce Philip ROCKOWITZ has been re-designated as a Non-executive Director with effect from 30 October 2018 and remain as the Vice Chairman of the company.

Mr. Darling was previously Executive Director of LF Americas, overseeing Li & Fung Limited's wholesale and distribution business in the US. He serves on the Board of Directors for the American Apparel & Footwear Association and Delivering Good and Executive Committee of Li & Fung Foundation. He is also a member of the Parsons Board of Governors and an Advisor to The Alliance for Bangladesh Worker Safety formed by North America's global retailers and, The Accord on Fire & Building Safety in Bangladesh formed by major European retailers and brands.