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30 Mar

Gap Inc. Reveals Executive Pay, Toussaint Rosefort Looks Near

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Fashion, Featured
Gap Inc. Reveals Executive Pay, Toussaint Rosefort Looks Near
EXEC PAY: Gap Inc. is likely to be between chief executive officers in the mean time, however it still has quite a number of top executives on its payrolls.  The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last 12 months, laid out its executive compensation in its proxy statement to the Securities and Exchange Commission on Wednesday, detailing just who made what.  As is typical on the upper echelons in retail, the pay packages were heavy on stock and option grants, that are tied to the corporate’s performance and might never materialize for the executives.   Here’s the rundown the corporate’s executive pay last 12 months:  Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock...
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30 Mar

Officine Générale Accelerates U.S. Push With Recent Los Angeles Store

by Beauty Tips
Fashion, Featured
Officine Générale Accelerates U.S. Push With Recent Los Angeles Store
PARIS — Officine Générale is expanding its retail network within the U.S., with a recent location in Los Angeles and plans for further stores in Recent York City and San Francisco this yr. Following the opening of a store within the Palisades Village shopping mall in Pacific Palisades in January, the French brand last week unveiled its second L.A. location on North Sycamore Avenue in Hollywood, a neighborhood that the Los Angeles Times recently branded as “L.A.’s coolest recent hangout.” Pierre Mahéo, designer and chief executive officer of Officine Générale, said it’s a part of a retail rollout that also features a revamp of its e-commerce site set to launch in May. While the e-shop helped to tide over the label...
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