Adidas has appointed its Western Europe head Gil Steyaert as new global operations chief, and has also elevated human resources head Karen Parkin to the executive board, the first female board appointee since 1993.
The footwear brand, having recently recruited Perry Oosting as CEO, has announced the arrival of David Tourniaire-Beauciel as creative director. He succeeds Roland Mouret, who will instead be focusing on his own label.
The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered business practices that restrict competition, the European Commission said on Wednesday.
British fashion retailer Jack Wills continues its push into the popular athleisure market with the launch of its first sportswear collection for men, complementing the women’s range launched in January.
Q1 saw good news of a sort for Marimekko as the first three months of the year enjoyed improved sales and profits. But with sales boosted by calendar effects, it’s clear the print and textile specialist has work to do.
Private-equity backed French clothing retailer Vivarte, which is aiming to restructure more than 1.3 billion euros (1.08 billion pounds) of debt, has agreed to sell its Pataugas shoe brand to Hopps Group.
Walmart is preparing to pay about $300 million to settle a probe of bribery by its employees in markets including Mexico, India and China, Bloomberg reported on Tuesday, citing people familiar with the matter.