Emma Walmsley, GlaxoSmithKline's incoming CEO, will take over Britain's biggest drugmaker at a challenging time but the 47-year-old also inherits the flexibility to do deals and make key choices on new drugs.
Kylie Minogue has won a patent battle to stop Kylie Jenner trademarking the name Kylie after a case that has dragged on for almost two years. However, it is believed that Jenner has already launched an appeal.
Hudson's Bay Co has made a takeover approach for retail chain Macy's Inc, according to people familiar with the matter, in a deal that would push the Canadian department store operator deeper into the U.S. market.
Sales growth and gross margin were below expectations due to retail headwinds. The company Board of Directors approved a new restructuring plan and cost reduction initiatives to lower costs and better serve customers.
The UK and US may be two of the world’s most developed e-tail markets but consumers there still prefer to shop in-store. Yet they also appreciate omnichannel and see fashion as a key category for multichannel shopping.