[ad_1] Managers and consultants working on Citigroup CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, according to sources. Executives will see cuts…
Tag: Frasers
Frasers Group’s plans to acquire German sports retailer hits hurdle – East Midlands Business Link
[ad_1] Frasers Group’s plans to acquire SportScheck, one of the leading sports retailers in Germany, has hit a hurdle. While the acquisition would enable Shirebrook-based Frasers to grow its presence…
Shein Buys Missguided Brand From Frasers
[ad_1] Updated Oct. 30, 2023 3:38 am ET Chinese e-commerce giant Shein is adding Frasers Group’s Missguided to its shopping basket. Shein agreed to buy U.K. online women’s fashion label…
Shein buys Missguided brand from Frasers Group
[ad_1] The Chinese fast fashion firm is taking over the label just over a year after it was rescued. [ad_2] Source link
Frasers looks to ride to rescue of online bike retailer Wiggle
[ad_1] The London-listed retail empire founded by Mike Ashley is among the suitors examining offers for Wiggle after it called in administrators this week, Sky News learns. By Mark Kleinman,…
Frasers Group snaps up German retail chain SportScheck
[ad_1] F rasers Group has agreed a deal to buy German sports retailer SportScheck. Mike Ashley’s retail vehicle, which owns Sports Direct and House of Fraser, told shareholders on Tuesday…
Frasers snaps up SportScheck as it pitches into Adidas territory
[ad_1] Michael Murray’s ‘Elevation’ strategy will take another step forward this week with the purchase of a 34-store chain in Germany, Sky News learns. By Mark Kleinman, City editor @MarkKleinmanSky…
FTSE 100 Live: Early blue-chip gains fade, Frasers ups Boohoo stake again
[ad_1] Ocado downgrade hits shares, Cerillion up 8% This summer’s hot streak for Ocado shares continues to fade after the grocery technology stock was hit by another City downgrade today.…
Citigroup to strip out five layers of management under CEO Jane Fraser’s revamp
[ad_1] Citigroup is preparing to strip out five layers of management as part of the sweeping overhaul unveiled by chief executive Jane Fraser in September. The bank said that it…
Citigroup to review 250 London jobs as CEO Jane Fraser’s overhaul kicks off
[ad_1] Citigroup has put 250 jobs in its UK operation under review, with some cuts likely, as the Wall Street bank rolls out the next phase of chief executive Jane…