Heidi Stevens takes over as CEO of Otto International in mid-May, succeeding Michael Dumke, who’s due to retire at the end of June after 11 years as CEO of Otto Group’s global procurement and services company.
Beauty retailer Space NK has signed a deal with one of the world’s biggest names. It's teaming up with Walmart to bring prestige beauty products to the US firm's webstore next week and to US Walmart stores this summer.
Gap Inc on Thursday forecast 2022 earnings above estimates, betting on strong demand for its Old Navy and Athleta clothing brands as Americans return to offices and social events thanks to declining Omicron cases.
Stuart Rose has been appointed chairman of UK supermarket giant Asda as of next month. The UK retail veteran, who stepped down as chair of Ocado earlier this year, will lead the board’s search for a new chief executive.