The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
Few designers have had as remarkable a career as Giorgio Armani. His unique fashion history was the subject of a hagiographic video that preceded the presentation of the latest collection by Italy's most famous designer.
German sportswear firm Adidas may be planning a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to help it get through the coronavirus crisis.
German sports retailer Adidas on Tuesday said it received approval for a syndicated 3 billion-euro government-backed loan to mitigate the financial impact on its business from the spread of the coronavirus.
Bidding for Jack Wills is getting under way with reports saying six interested parties are in the race. They’re said to include the UK’s two most acquisitive retail tycoons, Mike Ashley and Philip Day.