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Falling into the Gap…

Thursday, April 17th, 2008

It’s no secret that Gap (GPS), whose brands also include Old Navy and Banana Republic, has been treading water for quite some time. Just take a look at the 10 year chart. And just last week, the company reported an 18% drop in same store sales.
Late yesterday, Gap filed its latest proxy and while much [...]

Julie Chen avoids the Katie Couric rule…

Monday, April 14th, 2008

One of the things that’s always fascinating to me is how different companies in the same industry handle routine disclosures on various things like perks, or salary, or related party transactions — basically things they’d rather not talk about, but which they’re required to by the SEC.
Take the proxy filed by CBS Corp. (CBSA) late [...]

A three bonus day at Coach…

Thursday, March 13th, 2008

Yesterday, Coach (COH) announced that President and Chief Operating Officer Keith Monda would be stepping down at the end of June and that Limited Brands (LTD) executive Jerry Stritzke would be succeeding him. The release also noted that Reed Krakoff, Coach’s creative director, was extending his contract for another three years to 2014.
What the press [...]

Playing chicken at Tyson?

Tuesday, November 20th, 2007

Late yesterday, the WSJ reported that Tyson Foods’ (TSN) big push into drug-free chickens had hit a bit of a snag in the form of a ruling by the federal Food & Drug Administration. (Since the WSJ is not yet free, the AP version of the story is here).
What’s interesting here is that while the [...]