International Business

Target announces a number of leadership changes that will further the companys efforts to drive U.S. traffic and sales, improve its Canadian operations, and advance its ongoing digital transformation.

The agreement will increase Coty's footprint in Brazil, and bolster Avon's fragrance offering in this emerging market.

Crocs names a new President who will assume the role of principal executive officer until the companys search for a permanent CEO is successfully concluded.

The Board of Directors of TOMY Company, Ltd. has approved this appointment, as the position of Chief Marketing Officer has been vacant since mid-2013.

The new company, to be called Jacobs Douwe Egberts (JDE), is expected to hold market positions in more than two dozen countries with a strong emerging market presence.

Under the terms of the agreement, Bayer AG will acquire Mercks existing OTC business, including the global trademark and prescription rights for Claritin and Afrin.

The new President takes over the role from Frank van Schaayk, who is retiring next October.

On May 5, 2014, Targets board of directors issued a statement detailing the executive changes.