Corus head Philippe Varin steps down:
While Tata Motors announced the appointment of a new managing director, Tata Steel said its Corus head, Philippe Varin, has stepped down from the board of the Anglo-Dutch steelmaker.
French couturier Jean-Paul Gaultier is stepping down as artistic director of the luxury ready-to-wear brand Hermes after seven years to concentrate on his own projects, the group announced Thursday.