Supima, the cashmere of the cotton world, has won a fresh and artistic accolade. On Monday night, French artist Adrien Vescovi unveiled two giant seven-meter high toiles of dyed Supima inside the Palais de Tokyo.
British retailer Sports Direct has barred media from attending its annual general meeting (AGM) on Wednesday where majority owner Mike Ashley faces shareholder opposition to his re-election as a director.
Mike Ashley’s reelection as chief executive officer of Sports Direct could face opposition from shareholders at the company’s AGM on 11 September after three advisory firms recommended to oust him from the board.
Xavier Vey, with L'Oréal since 1998, is the new head of L'Oréal Luxe in western Europe. He has been replaced as head of L'Oréal Luxe in the USA by Megan Grant, formerly in charge of cosmetics brand Kiehl's.
Grant Thornton, the auditor of Sports Direct International, has told UK regulators it intends to quit its role following concerns over the disclosure of a 674 million euro tax bill from Belgian authorities.