728x90 AD TOP

Thursday, October 4, 2012

Crocodile War: Family Feud at Clothing Firm Lacoste

Tags:
A family feud at the top of the Lacoste clothing company is pitting father against daughter in a battle for management of the green crocodile brand.

Michel Lacoste, 69, has decided to seek a court ruling against the company board's nomination of Sophie Lacoste-Dournel as non-executive president, which he told the daily Le Monde was an "irregular" decision "by an irregular board."


Mr Lacoste told Le Monde that his 36-year-old daughter, who has studied business and loves theatre and acting, "hasn't spent a day of her life in a business and is not able to manage a successful company."

He would prefer that his niece, Beryl Lacoste-Hamilton, 56, take over and points out that she has already run several of the company's licenced affiliates, which sell a wide range of casual clothes.

The Lacoste group declined to comment on the matter when contacted by AFP.

Read On: Crocodile War: Family feud at clothing firm Lacoste | NDTV.com

1 comments:

Anonymous said...

Wow, great blog.Really looking forward to read more. Really Cool.