The two key words that likely will determine the outcome in the battle for Perry Ellis International Inc. are dollars — share price — and sense, the latter being common sense in evaluating all factors to ensure that the fiduciary duty to shareholders is being met.While the per-share offering price is always of utmost importance to shareholders, it sometimes ...
Bonnie Brooks has exited the Abercrombie & Fitch Co. boardroom. The retailer in a regulatory filling said Brooks resigned as a director on Tuesday “for personal reasons.”Brooks, who could not immediately be located by WWD, had been a director at Abercrombie since 2014....
Jonathan Anderson's role at Loewe is no longer limited to the creative side of things. The designer has been appointed director of the company's board of directors , Bernard Kuhn, general counsel for LVMH Moët Hennessy Louis Vuitton, said at the group's annual general meeting ...
Hudson's Bay Co. is selling Lord & Taylor's Fifth Avenue flagship for $850 million. AP/REX/Shutterstock Hudson’s Bay Co. is pushing back against agitation by real estate-focused activist investor Land & Buildings...
Life might not be fair, but it is sometimes sweet — and for fashion, retail and beauty’s top executives, that sweetness often comes in their pay packages...
Urban Outfitters store in Engalnd Martin Lee/REX/Shutterstock Urban Outfitters seems to have gotten itself a new activist investor. CtW Investment Group, a Washington, D.C.-based investor that works exclusively with union-sponsored pension funds, called out Urban for “persistent board composition issues” and urged shareholders to vote against two of the retailer’s longest-serving board directors, Robert Strouse and Harry Cherken Jr., at a general meeting set for later this month...