Wal-Mart Stores Inc. on Friday named Enrique Ostale president and chief executive officer of Wal-Mart Latin America, effective March 1.
Ostalewill take the reins of the retail giant’s operations in Argentina,Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico andNicaragua at a difficult time for the Bentonville, Ark.-based retailerand its international division. Wal-Mart is facing an ongoinginvestigation into possible bribery in multiple global markets, withMexico taking center stage.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"