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Under Armour Settles Accounting Practices Suit for $434 Million

Retail TouchPoints

16, 2015 and Nov. Under Armour revealed in November 2019 that it had been the subject of a federal investigation into its accounting practices since 2017, with the Wall Street Journal reporting at the time that both the Justice Department and the Securities and Exchange Commission were looking at the retailer’s financial reporting. “We

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“Bang” Goes the Gavel: Ownership of Social Media Accounts

Hunton Andrews Kurth

In granting a summary judgment motion on June 16, 2023, the Southern District of Florida Bankruptcy Court developed a new framework to determine the ownership rights to a corporate social media account. Vital has since been attempting to sell their business, which includes over 50 social media accounts. Control Over Access.

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Brush Up on Accounting with a QuickBooks Course

Small Biz Trends

Managing your company’s books requires teaching yourself special skills in different accounting software. And there are many different accounting software available. QuickBooks is one of the most popular accounting software packages and is specifically designed for small and medium level businesses. hours long.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As Bramman served as CFO and SVP of Carnival Cruise Line from 2010 to 2015 and Avery Dennison from 2015 to 2017.

Finance 278
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Nordstrom Names Ex-Target and Walmart CFO to Top Financial Post

Retail TouchPoints

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

Finance 340
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Deliveroo Australia collapses, enters administration

Inside Retail

Deliveroo started its business in Australia in 2015 and was the longest-standing online food delivery platform in the country. During the past few years, the market has experienced fierce competition from global major players, including DoorDash, Menulog and Uber Eats.

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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

a position he has held since April 2015. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Additionally, VP of Investor Relations Christina Colone has been promoted to Global Head of Investor Relations.

Finance 264