Henkel

Sales of the consumer goods company's beauty care brands like Schwarzkopf shampoo and Dial soap fell an organic 2.2 percent, hurt by a weak performance in western Europe and China.

The move comes as shoppers become more wary of processed chemical ingredients and seek out natural alternatives.

Closing the gap on clear market leader Nike is the challenge facing new Adidas boss Kasper Rorsted when the Dane takes charge of the world's second biggest sportswear brand from the start of October.

BoF compiles the most important professional moves of the week.

Departing Henkel AG chief executive Kasper Rorsted had a tough message for his successor: the targets you’re inheriting will be difficult to reach.