ZURICH—Swiss and Italian police continued their search on Wednesday for German retail magnate Karl-Erivan Haub who has been missing since Saturday when he failed to return from an off-piste skiing tour in the Alps.
The 58-year-old Haub, whose family is among Germany’s wealthiest, has run the Tengelmann group since 2000. The company owns the OBI home improvement chain and KiK fashion discounter.