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Consumer Goods and Retail Headlines

Motorcycling-Michelin MotoGP deal extended until 2023

French manufacturer Michelin will continue to be the exclusive supplier of tyres to the MotoGP world championship until the end of 2023 after agreeing a new five-year deal with commercial rights holders Dorna Sports.

UPDATE 2-Hudson's Bay CEO Storch abruptly steps down

The chief executive of Canadian retailer Hudson's Bay Co, Gerald Storch, abruptly resigned on Friday, at a time when the department store company is in the middle of a strategic review and struggling to turn around sales.