Raffaele Ilardo will head up creative development and design for the Carolina Herrera New York ready-to-wear and bridal collections.
• Rosemary Feitelberg
Plan to Close Mugler Boosts Clarins Stock
PARIS — Groupe Clarins’ stock spiked 21.3 percent Wednesday on the Paris Bourse, to $48.44, on the back of news that the beauty firm has proposed to shut its money-losing Thierry Mugler fashion business. (Dollars figures are converted from...