Saturday, October 23, 2021

ASA to investigate Poundland after swathe of complaints

Poundland has come under fire from the Advertising Standards Authority (ASA) following a sexualised Twitter campaign.
Steinhoff crisis

Creditors abandon Steinhoff as accounting scandal worsens

Steinhoff is enduring fresh crisis after it had its credit insurance cancelled or reduced and credit facilities suspended.
Steinhoff crisis

Steinhoff shares crawl back after new CEO and Chairman named

Steinhoff's shares have bounced back slightly after it appointed a new CEO in the wake of two bosses suddenly resigning.

Poundland reassures staff amid Steinhoff accounting scandal

Poundland employees have been sent a memo assuring them the business is doing well despite Steinhoff's accounting scandal.

Steinhoff chairman Christo Wiese quits as scandal develops

The embattled retail group Steinhoff has been dealt another major blow as its interim boss and chairman Christo Wiese quits.

Steinhoff scandal grows as it reveals 2016 results not reliable

The financial scandal surrounding Steinhoff has grown as it reveals that it must restate its 2016 financial statements.
Marcus Joost

Former Steinhoff CEO Marcus Joost apologises for “big mistakes”

The former Steinhoff chief executive Marcus Joost has issued and apology stating he “made some big mistakes”.

£9bn wiped off Steinhoff’s value as shares plummet 88%

Steinhoff’s accounting scandal has now seen its share prices drop 88 per cent forcing the retail giant to shore up debt.
Poundworld creditors

Poundworld CEO resigns

Poundworld CEO Gerry Gray has stepped down after less than two years in the role.
Steinhoff CEO

Steinhoff shares plunge 66% as CEO quits amid accounting scandal

Steinhoff has seen its shares plummet 66 per cent as its CEO resigned with immediate effect amid an accounting scandal.

Feature Resource

Why leading retailers prioritize Pricing Fluency

The secret to a 2-4% profit lift over competitors Driving an agile, forward-looking pricing organization in the age of uncertainty requires Pricing Fluency. But what is...