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Shein IPO slammed as ‘race to the bottom’ by UK investor groups

Retail Gazette

A top managers trade group, including Aviva Investors, Schroders and M&G, said the float could threaten the UK’s status as a premier listing destination. The UKs financial regulator has been accused of a race to the bottom after news emerged last week that it had approved Sheins application for a London IPO.

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Exploring Different Types of Cryptocurrency: A Comprehensive Guide

Small Biz Trends

Stablecoins for Stability: Utilize stablecoins to manage cash flow and simplify transactions in volatile markets, allowing for better financial planning and strategy. They simplify transactions in volatile markets and serve as effective tools for cash flow management in business automation.

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How Elon Musk Built Tesla: The Vision Behind the Electric Revolution

Small Biz Trends

Elon Musk assumed the CEO role in 2008, transitioning Tesla toward robust management necessary for growth. Significant improvements from Musk’s leadership and strategic vision led to advanced battery management systems and enhanced charging infrastructure.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Bramman served as CFO and SVP of Carnival Cruise Line from 2010 to 2015 and Avery Dennison from 2015 to 2017.

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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. 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.

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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.

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Zambrero founder sues former CEO

Inside Retail

Cook left the Mexican fast-food chain in 2015 and sold his shares in the business. Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. A case management hearing on 7 February 2024 was adjourned. Cook has also disclosed the circumstances and terms of his departure from the firm.