HARRODS EXIT: William Najdecki, Harrods’ group finance director, has become the latest executive to jump ship over the past year. The company said the resignation was by "mutual consent" and that Najdecki, who had been with Harrods since 1998,...
HARRODS EXIT: William Najdecki, Harrods’ group finance director, has become the latest executive to jump ship over the past year. The company said the resignation was by "mutual consent" and that Najdecki, who had been with Harrods since 1998, would return to the U.S. No successor has been named. Najdecki joins about 10 executives who have left the firm over the past 18 months, including John Whitacre, who left Harrods as managing director last December, and Adelle Kelley, who left as head of women’s apparel in February. A Harrods spokesman said the company has 5,000 employees, and this happens to be "one of those moments" when turnover is prevalent. Meanwhile, Mohammed Al-Fayed, Harrods’ chairman and owner, recently said that Harrods would post flat sales and operating profits for the fiscal year that ended in January 2002. Operating profits will be about $45 million, and sales will be $912 million. Fayed, however, said he expected a rebound in sales and profits this year and that taking Harrods public in the U.S. is still a "possibility."
ONE MORE MONTH: Bankrupt Warnaco Group last week received Manhattan bankruptcy court approval to extend its exclusive right to file a plan of reorganization for another month until Aug. 30. Warnaco was supposed to have filed its plan by July 31. The company has said in recent weeks that it expects to exit bankruptcy proceedings as a stand-alone operation. Separately, the court said that all documents produced in the matter of the $25.1 million severance claim by former Warnaco chief executive Linda Wachner are to be considered confidential and are not to be disclosed publicly.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)