A Vote of Confidence: Claiborne Board Backs CEO McComb’s Strategy
Despite disappointing earnings and a lagging stock price, Liz Claiborne’s board members remain behind ceo William L. McComb and his strategy.
From This Issue
Philippe Cardon, who was hired in the fall as chief executive officer of Paris label Cacharel, has been let go by the contemporary sportswear firm. Cardon had been working on an expansion plan for Cacharel, including the opening of some 20 stores.
“Fashion reunites all the big flows of capital of organized crime: cocaine, transportation and distribution,” said Roberto Saviano, author of the critically acclaimed bestseller “Gomorrah,” about the influence of the Neapolitan Mafia, or Camorra,…
The two-and-a-half-hour ride into downtown Osaka from the bullet train station north of the city center offers little more than an anonymous skyline of high-rise buildings. Then the giant red Ferris wheel atop the HEP Five department store comes into…