×
79 324
Fashion Jobs
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Deer Park Outlet
Permanent · Deer Park
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Short Hills
Permanent · Millburn
ULTA BEAUTY, INC.
General Manager
Permanent · Buena Park
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Lake Stevens
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Battle Creek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Gambrills
URBN
Urban Outfitters, Inc. Operations Manager
Permanent · RENO
URBN
Free People Assistant Visual Manager
Permanent · OAK BROOK
ESTEE LAUDER
2nd Shift Order Handler $1500 Sign-on Bonus
Permanent · Bristol
NORDSTROM
Retail Stock & Fulfillment - Beachwood Place
Permanent · Beachwood
NORDSTROM
Assistant General Manager- Bazille- Cherry Creek Shopping Center
Permanent · Denver
NORDSTROM
Asset Protection - Agent - Cherry Creek Shopping Center
Permanent · Denver
GAP
General Manager - Suburban Square
Permanent · Ardmore
GAP
Asset Protection Service Representative - Broadway & Maiden
Permanent · New York
GAP
Asset Protection Coordinator - Sawgrass Mills
Permanent · Sunrise
MACY'S
Asset Protection Detective, Parks at Arlington - Full Time
Permanent · Arlington
MACY'S
Asset Protection Detective, Southcenter - Standard Part Time
Permanent · Seattle
MACY'S
Asset Protection Detective, Shoppes at Buckland Hills - Standard Part Time
Permanent · Hartford
MACY'S
Asset Protection Detective, Glenbrook Square Mall - Standard Part Time
Permanent · Fort Wayne
MACY'S
Asset Protection Security Guard, Los Angeles dt Broadway Plaza - Standard Part Time
Permanent · Los Angeles
MACY'S
Asset Protection Detective, Manassas - Full Time
Permanent · Manassas
MACY'S
Buyer
Permanent · New York
Translated by
Nicola Mira
Published
Jun 15, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Richemont’s HR head departs after remunerations row

Translated by
Nicola Mira
Published
Jun 15, 2020

On Friday, Swiss luxury goods giant Richemont, owner of Montblanc and jewellery brand Cartier, announced its Group EVP Human Resources Sophie Guieysse is stepping down “with immediate effect”, in the midst of a row over the group’s executive committee’s remuneration policy.


A row over executive remuneration is raging at Richemont - Richemont


According to Swiss newspaper Le Temps, the Geneva-based luxury group announced on May 27 a 35.8% increase in its executive committee’s remuneration. For the financial year which closed at the end of March, the committee’s total remuneration amounted to CHF41.4 million (€38.7 million). At the same time, Richemont announced a 25% reduction in its employees’ annual bonus, and the fact that it would not top up its furloughed workers’ wages for June and July. Le Temps reported that the decision has already prompted a walkout of Richemont’s Italian employees in Milan and Turin.

Guieysse’s departure seems like a stopgap solution, an attempt at trying to defuse a tense situation. In a brief communiqué, Richemont indicated that Guieysse, a board member since 2018, will not attend the board meeting for the group’s next AGM, which is scheduled in September.

Guieysse is an engineering graduate from France's Ecole Polytechnique and the Ecole nationale des Ponts et Chaussées. She worked in executive and advisory roles at various French ministries before joining world luxury number one LVMH in 1997, then French broadcasting group Canal + in 2005. In October 2017, she took charge of human resources at Richemont, the world’s second-largest luxury group.

In the last financial year, Richemont recorded a 67% downturn in its operating profit, down to €931 million, while revenue instead grew by 2%, reaching €14.238 billion.

With reporting from AFP

Copyright © 2022 FashionNetwork.com All rights reserved.