Remove 2015 Remove Accounting Remove Marketing
article thumbnail

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

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Gucci to Loewe: The high stakes game of creative musical chairs

Inside Retail

For Kering, after struggling to retain sales last year, the group was widely expected to appoint a leader who would reinvigorate Guccis momentum, especially as the brand accounted for nearly half of the groups revenue and two-thirds of operating profit. So, Kering turned to Demna, someone they know and trust.

Fashion 130
article thumbnail

Asda managers left in the dark over bonus cuts

Retail Gazette

One manager said that because bonuses are part of their overall wage packageoften accounting for thousands of poundsscrapping them effectively amounts to a pay cut. Then to find out through the media, without anything being said in-store, is an absolute joke.

article thumbnail

From Side Hustle to Market Leader: How Fraser Smeaton Built Morph Costumes into a Global Fancy Dress Giant

365 Retail

Today, Morph Costumes operates in more than ten markets, employs over 50 people, and reports an annual turnover of £42 million. In this interview, Fraser Smeaton shares how the brand stays ahead of costume trends, adapts to market shifts, and remains a leader in the global fancy dress industry. What’s your main route to market?

article thumbnail

Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

article thumbnail

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.