PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
The one-time Sears unit has been phasing out its sites situated inside the struggling chain.
The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.
"Both have taken dramatic steps to reinvent their brands for a new era of retail. The similarities end there."
"What happens when a company doesn’t know its customers or its strengths? It loses money — and its identity."
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Federica Marchionni has stepped down after less than two years and now the board has appointed two vice presidents to lead the company while it searches for a new chief executive officer.
Diana Chu, art director of Lands' End, says that personal projects are integral to your work-life balance, because they keep you focused.
New chief executive officer Federica Marchionni wants to gain a new kind of customer while keeping her loyal fan base.
BoF compiles the most important professional moves of the week.
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Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.