Category: Lewis
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John Lewis CEO criticises Rachel Reeves over ‘two-handed’ tax increase
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Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of carrying out a “two-handed” tax grab on retailers, as she joined a growing backlash against the latest budget. Kankiwala said John Lewis faces increased recruitment costs and higher turnover after the Budget, which could hamper…
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Glass Lewis endorses sale of Vista Outdoor’s ammunition business to CSG (VSTO)
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Agency consulting firm Glass Lewis recommends Vista Outdoor (NYSE: VSTOShareholders voted in favor of selling Kinetic Group to Czechoslovak Group, or CSG, as “the best option to maximize shareholder value.” CSG recently raised its offer for Ammunition Works at Vista Outdoor (vsto) to $2.1 billion, or $21 per share in…