Philip Clarke news and archive

Tesco's Chairman becomes more involved ahead of newly appointed CEO's arrival

Tesco's Chairman, Sir Richard Broadbent, is believed to have become more involvedin the management of the UK's largest retailer group, to ensure a smoother transition when newly appointed CEO Dave Lewis joins the team on October 1. Broadbent is thought to be working more intimately with ousted CEO Philip Clarke, who will step down from his role...

Fashion

Tesco appoints Dave Lewis as CEO

Tesco, UK's largest retailer, is set to usher in a new Chief Executive Officer after its another profit warning led to the exit of its current CEO, Philip Clarke. On Monday morning, the struggling retailer announced the impending appointment of Dave Lewis, who is set to join the company on 1 October, asCEO in succession to Philip Clarke. Lewis,...

Design

Tesco set to ethically source clothing from Ethiopia

British retailer Tesco, currently the world's third largest retailer, revealed plans to source clothing from Ethiopia during this week's Retail Week Live Conference. The company stressed the importance of keeping to high ethical principles, in order to prevent factory catastrophes from occurring similar to the ones previously reported in...