Remove 2015 Remove Accounting Remove Planning
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 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 328
Insiders

Sign Up for our Newsletter

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

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

From moto to marathons: What’s next for performance apparel brand Sa1nt

Inside Retail

Here, Clarke reflects on how the SA1NT business has evolved since 2015, and the opportunities that are present in the recovery space. He also discusses his plans for the SA1NT Layers brand, and what growth will look like moving forward. Are there plans for stand-alone stores, a wholesale presence and so on?

Apparel 264
article thumbnail

Zilingo CEO suspended amid financial probe

Inside Retail

B2B fashion e-commerce firm Zilingo has suspended its CEO, Ankiti Bose, after the company’s capital-raising plan led to questions about its accounting practices, according to Bloomberg. Bose, who founded Zilingo in 2015 with Dhruv Kapoor, has been suspended until May 5.

article thumbnail

How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278
article thumbnail

“I learned that people had a lot of bag problems”: CEO on launching Dagne Dover

Inside Retail

MM: At Coach, I had managed brick-and-mortar wholesale accounts and I was part of a three-person team that launched the wholesale e-commerce channel. IR : There is not a single brand founder who can say their plans for launching a business went off without a single hitch.

Wholesale 130