This marks the second executive shuffle in the last year to elevate women at the company, following criticism of its largely white, male upper ranks.
In times of turbulent change, leaders must balance quantitative and qualitative strategies with a sharp understanding of the consumer and a knack for nailing risks.
This week, Max Azria makes the move from fashion entrepreneur to tech executive, while Christine Beauchamp will succeed Cathy Beaudoin as president of Amazon Fashion.
In today's News Bites, the Neiman Marcus Group names Dale Stapleton as its new interim chief financial officer, while Amazon appoints Christine Beauchamp president of its fast-growing fashion division.
In today's News Bites, the Neiman Marcus Group names Dale Stapleton as its new interim chief financial officer, while Amazon appoints Christine Beauchamp president of its fast-growing fashion division.
Using data-driven private labels and services, she is spearheading the consumer categories division at world’s largest online retailer.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
