Bloomberg UK online fashion seller Boohoo Group Plc named a new chief executive officer from the fast-growing Primark chain, offering him a payout of as much as 50 million pounds ($65 million) to spur growth. John Lyttle, currently chief operating officer of Primark, will join Boohoo in March, according to a statement. The move comes as Boohoo, which owns the ...

Bloomberg Cathay Pacific Airways Ltd. and some other airlines resumed services to Hong Kong, a city that was battered over the weekend by a powerful typhoon, forcing the cancellation of almost 900 flights. The city’s flag carrier reported on its website “a gradual return to scheduled flight operations” starting from Monday morning. The Hong Kong International Airport said that passengers ...

Bloomberg Hennes & Mauritz AB shares rose the most in 16 years after the ailing Swedish fashion retailer reported sales growth that took analysts by surprise, boosting optimism the H&M chain may have turned the corner. The stock surged as much as 11 percent on Monday, adding $2 billion to the market value of the Stockholm-based retailer. H&M reported third-quarter ...