The shareholders of DIY group Kingfisher (which includes such chains as B&Q and Brico Dépôt) are protesting the severance payment of departing CEO Véronique Laury, who would be receiving 552,000 pounds (610,000 euros).
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Superdry CEO Euan Sutherland, chairman Peter Bamford, CFO Ed Barker, and president of the remuneration committee Penny Hughes all resigned immediately from the company's board of directors after the comeback of co-founder Julian Dunkerton.
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Lidl's top executive Jesper Hojer will suddenly be replaced by Italian Ignazio Paterno. Hojer only spent two years at the helm of the discount retailer.
Belgian fashion designer Raf Simons and Calvin Klein part ways due to "artistic differences": the American label wants to take a different approach now Simons' decisions seem to have disappointing results.
Ralph Lauren CEO, Stefan Larsson, will leave the American fashion label on 1 May because of a dispute with the founder and chairman, Ralph Lauren himself. The Swede, who once worked for H&M, will temporarily be succeeded by CFO Jane Nielsen.
German fashion label Hugo Boss and its 52-year old CEO Claus-Dietrich Lahrs will go their separate ways after 8 years. The company had sent out a profit alert only this past Tuesday.
American clothing chain Forever 21 has filed a notice of collective dismissal, which means more all Belgian employees (over 100) will lose their job. Forever 21 has only one Belgian store left, on the Meir in Antwerp.
Maureen Chiquet, Chanel CEO, has decided to leave the company by the end of the month. A difference of opinion, about the French fashion label's strategy, is apparently the reason for her resignation.