Confirmation follows speculation that group is for sale.
Government and Trade
The plummeting euro and the pumped-up dollar have made for one strong cocktail of pleasure — and pain — for businesses and consumers on both sides of the Atlantic.
Mergers and Acquisitions
Control of Italy’s World Duty Free SpA has passed to Switzerland’s Dufry AG.
Revlon Inc has reached a settlement with a former chief scientific officer whose claims the company's chief executive made derogatory statements about Jews, Americans and black people went viral on social media.
Forecasts and Analysis
It appears household are opting to save the extra cash they're getting at the gas tank rather than spend it on goods and services.
Marketing and Promotion
Business will undertake new strategy in spring/summer 2016.
Carolina Herrera Ltd. has named Francois Kress chief executive officer.
The lone fashion brand fighting for coveted real estate on a consumer’s smartphone or tablet is losing out to apps that give shoppers a path to multiple labels
The 30-credit, one-year program will launch this fall at the Manhattan school.
The transaction concerns a business, retail, residential and garden complex.