Articles about People

Tesco shareholders round on ex-CEO's million pound pay-off

Tesco is facing criticism from shareholders over a pay-off worth up to £10 million for outgoing chief executive Philip Clarke.

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Abercrombie & Fitch reassigns diversity duties

Abercrombie & Fitch has given the responsibility for its diversity and inclusion efforts to Amy Zehrer, executive vice president of stores, after Todd Corley departed the organisation.

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Dov Charney has plans to wrest back control of American Apparel, according to industry sources.

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Lord Harris puts a stopper in Carpetright retirement plans

Carpetright founder Lord Harris of Peckham has announced he intends to remain at the retailer as non-executive chairman just weeks after announcing his retirement.

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Sony shareholders vote to retain CEO

Sony’s stable of executives will all retain their jobs following an investor vote to decide the future of several key staff members.

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Olivier Theyskens to depart Theory

Olivier Theyskens is set to part ways with Theory, according to WWD.

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Tesco creates two new executive roles ahead of trading update

Tesco is creating two new roles on its executive committee as it aims to “reshape” the business and adapt to changing consumer needs.

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Carphone Warehouse and Dixons merge to form Dixons Carphone

Carphone Warehouse and Dixons have merged to create a £3.8 billion electricals business named Dixons Carphone – a move which brings Currys, PC World and Carphone Warehouse all under one umbrella.

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Dolce and Gabbana handed 18 month suspended jail sentence for tax evasion

Domenico Dolce and Stefano Gabbana have each been given an 18 month suspended prison sentence for a conviction related to hiding hundreds of millions of euros from the Italian authorities.

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Nokia announces new CEO and strategic revamp

Nokia announced both the arrival of a new chief executive and a significant shift in business strategy as the telecommunications behemoth attempts to claw back market share from its rivals.

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