US: JC Penney CFO Dastugue departs
By Katie Smith | 12 April 2012
Michael Dastugue, CFO of US department store retailer JC Penney, will leave the company this week and is to be replaced by COO Michael Kramer on an interim basis.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
BANGLADESH: Gap to implement fire safety plan in factories
Specialty clothing retailer Gap Inc is to introduce new fire safety standards at supplier factories in Bangladesh, in a move that mirrors similar measures announced recently by PVH, owner of the Calvin Klein and Tommy Hilfiger brands, and German retailer Tchibo.
US: Two new executives complete Haggar leadership team
Men's wear maker Haggar Clothing Co has completed the rebuilding of its leadership team with one promotion and one new hire aimed at helping the company continue to grow its revenue and market share gains.
HAITI: Sae-A Trading on track to begin production
South Korean apparel giant Sae-A Trading is on track to begin production later this year in Haiti, as part of a $300m multi-stakeholder effort to help the country back to economic growth following a devastating earthquake two years ago.
Market research related to this article
Homeshopping - USA
The homeshopping sector has not escaped the effects of the struggling economy. As consumers have cut purchases overall, this has included items purchased through homeshopping. Companies have made efforts to reduce costs and, as a result, many reduced...
Direct Selling - USA
According to the Direct Sellers Association (DSA), the main trade group for the channel, approximately 16 million people in the US are involved in direct selling. The majority of direct selling agents are women. Many agents are mothers who are simply...
Clothing and Footwear Specialist Retailers - USA
Clothing and footwear specialist retailers experienced only moderate growth in 2010. Though the 1% growth rate was an improvement over the previous year, when sales declined sharply, this sector still faces difficulties as a result of consumers’ shif...