The News in Brief

Italy’s fashion label Moschino will hire its new creative director in the next few weeks, said Massimo Ferretti, the executive chairman at Aeffe, which owns the brand.

Adidas AG chief executive officer Bjorn Gulden said he doesn’t think that Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year that led the sneaker maker to terminate their highly lucrative partnership.

Unilever Plc has hired investment banks Morgan Stanley and Evercore Inc to sell a basket of non-core beauty and personal care brands that include Q-Tips and Impulse, reviving an effort it abandoned two years ago, according to people familiar with the matter.

Fast fashion giant H&M has eliminated free returns for online purchases in the UK, where customers will now be required to pay £1.99 for both parcel and in-store returns.

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