300
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Published
Jul 16, 2018
Download
Download the article
Print
Text size

N Brown investors set to revolt over executive bonuses

Published
Jul 16, 2018

An influential N Brown investor has asked shareholders to vote against the retailer’s remuneration policy at its annual general meeting on Tuesday, saying that executive bonuses are not linked closely enough to performance.


JD Williams


ISS issued the recommendation to shareholders ahead of the group’s 2018 annual general meeting taking place on Tuesday in Manchester.

The backlash comes after months of decline in the stock market, with N Brown shares falling by more than a third since the beginning of the year. In the first quarter, the owner of Jacamo and Simply Be blamed the challenging conditions in the UK retail market and a double-digit comparative for its flat revenue.

In fact, the group’s product revenue (derived from its fashion operations) tumbled by 2.8% during the first quarter, while its financial services helped boost the total figure with a 9% increase.

In light of these results, CEO Angela Spindler announced in May that a consultation process has been launched to review the future of several of its stores and colleagues. The retailer could potentially close as many as 20 stores across the UK, according to reports.

This week, N Brown sought to reassure investors by saying it takes the "views of shareholders and other bodies seriously" and is open to feedback.

Copyright © 2024 FashionNetwork.com All rights reserved.