Bloomberg Steinhoff International Holdings NV was for many years run by a board of tight-knit people, many of whom had done business together for decades. Just how close they were became apparent with the release of Steinhoff’s 2017 annual report, which identified a plethora of related-party transactions that the company now says weren’t properly disclosed according to best corporate governance …

Bloomberg With President Donald Trump slapping 25% tariffs on $200 billion in Chinese goods, those companies who’d already started moving production outside China are looking pretty smart. But those shifts come with their own headaches. Take Tapestry Inc, owner of the Coach and Kate Spade brands. As it relocates more manufacturing outside China, interim finance chief Andrea Shaw Resnick says …

Bloomberg Wm Morrison Supermarkets Plc reported its slowest quarterly revenue growth in at least a year and said it’s loosening a pact with online retailer Ocado Group Plc so that it can add other digital partners. Comparable retail sales rose 2.3% in the first quarter. The figure missed analysts’ 2.5% estimate. Chief Executive Officer Dave Potts faces the challenge of …