Diageo Creates Standalone Luxury DivisionSpirits company Diageo is bringing its luxury assets under a new business umbrella, Diageo Luxury Group. Authentic Brands Steps into Nine West's ShoesAuthentic Brands Group has purchased shoe and handbag brands Nine West and Bandolino through a bankruptcy auction. Pilgrim's Pride to Idle Two Facilities Pilgrim's Pride plans to idle two chicken processing plantas part of its continuing effort to improve capacityutilization and reduce costs.
