Two years ago, Bernard Arnault asked his son Antoine to run shoemaker Berluti, then this month he installed his daughter, Delphine, as executive vice president of Louis Vuitton. While her brief is to revive the handbag maker and Antoine’s task is to transform Berluti into a menswear titan, Arnault is auditioning both for another job: his own.
George Zimmerman, the Neighborhood Watch volunteer accused of murdering Trayvon Martin, didn’t shoot the teenager in self-defense, a prosecutor told a jury of six women at the start of trial in Florida.
Bjoern Gulden turned round Danish jewelry maker Pandora A/S in a little more than a year. Working his charm at Puma SE will be a tougher task after Europe’s second-biggest sporting-goods maker cut its profit guidance.
Burberry Group Plc fell the most ever in London trading as the U.K.’s largest luxury-goods maker said full-year profit will disappoint after sales growth slowed globally, rattling the stocks of industry rivals.
Kingfisher Plc , Europe’s largest home-improvement retailer, reported a smaller drop in sales at its B&Q shops than analysts had anticipated and said it expects revenue to improve in the year’s final quarter.