Kering SA named Pierpaolo Piccioli as the new creative director of Balenciaga, replacing the fashion label’s current designer, Demna, who is moving to Gucci.
Honeywell International Inc. agreed to cooperate with Elliott Investment Management and add a member of the activist shareholder to its board as the industrial firm prepares to split into three companies.
Procter & Gamble Co. plans to slash as many as 7,000 office jobs over the next two years as the maker of Tide laundry detergent and Gillette razors seeks to improve productivity.
British American Tobacco Plc Chief Financial Officer Soraya Benchikh is stepping down with immediate effect after a little more than a year in the role.
L’Oreal SA appointed Alexis Perakis-Valat as chief executive officer of its US and North America business, turning to a company veteran to drive growth in the largest cosmetics market.
President Donald Trump’s plan to impose a 100% tariff on branded drug imports was greeted with a shrug by many investors, who are betting his exemptions for companies with US manufacturing will soften any blow.
SEB SA, a French maker of household appliances, fell the most on record after lowering its forecast for sales this year on weaker-than-expected demand in Europe.
Dolce & Gabbana appointed former Gucci boss Stefano Cantino as co-chief executive officer following the departure of co-founder Stefano Gabbana as chairman.
EQT AB raised its takeover offer for Intertek Group Plc to roughly £9.2 billion ($12.5 billion) as the private equity firm seeks to overcome repeated rejections from the UK product testing business.
Schneider Electric SE agreed to buy Cognite in a $3.1 billion all-cash deal to expand its industrial data and AI software operations, part of an accelerating push to modernize Europe’s factories.
