The media group has announced that the former head of Elle Japan will join the company on May 7. Yves Bougon has been CEO of Hearst Fujingaho in Tokyo since 2011 and will take over at Condé Nast from Xavier Romatet.
Beauty products maker Coty Inc has launched an $8 billion (5.7 billion pounds)-equivalent debt refinancing, banking sources said, after paying billions to acquire brands that appeal to younger consumers.
While UK shopping mall giants Hammerson and Intu are accelerating towards their planned merger, the plans could be impacted by the arrival of Klepierre, with reports emerging that it made a bid for Hammerson this month.
Leidsche Rijn Centrum, the new retail district in Utrecht, has announced that it will add five Dutch fashion retailers to its store portfolio, including vanHaren, Zeeman, Casanova Milano, Lotus and Avec Bel'Ghir.