GERMANY: Karstadt CFO Fraszczak resigns
Harald Fraszczak, the chief financial officer of German department store retailer Karstadt, has resigned, the company confirmed today (15 November).
The retailer is in the midst of a strategic restructuring to try to turnaround its business, and plans to cut 2,000 jobs by the end of 2014.
In August it also made a number of appointments in its fashion and merchandising department. Jane Munro-Hall was named the new head of women's fashion, while Simone Heift was appointed fashion director.
Deborah Klein was hired as head of women's accessories, lingerie, shoes and stockings and Andre Mannebach was named head merchandise planning.
- China tightens on corporate social responsibility
- Marks & Spencer to extend mobile phone monitoring
- Factoring: a lifeline for apparel suppliers?
- Outdoor industry's future must be more inclusive
- Responsible apparel sourcing requires teamwork
- Adidas "Reebok sale" would be admittance of defeat
- New JC Penney CEO “credible but no solution”
- UPDATE: A&F appoints Horowitz to head Hollister
- Fire and safety events to converge on Bangladesh
- US textile innovation hub could expand re-shoring
- Apparel Market in China to 2018 - Market Size, Trends, and Forecasts
- Ethiopia – the emerging textile and clothing industry
- Wool in the 21st Century: new prospects for a familiar fibre
- Prospects for the Textile and Clothing Industry in Vietnam
- Global market review of denim and jeanswear – forecasts to 2020