71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
By
Reuters
Published
Dec 10, 2008
Download
Download the article
Print
Text size

NWQ Investment cuts passive stake in PacSun

By
Reuters
Published
Dec 10, 2008

Dec 10 (Reuters) - Pacific Sunwear of California Inc shareholder NWQ Investment Management Co LLC cut its passive stake in the athletic-clothing retailer to 0.01 percent from 10.87 percent, according to a regulatory filing Nov. 28.

The cut brings NWQ's ownership in the company to 6,419 shares, and gives it sole voting power over these shares.


http://shop.pacsun.com/

Pacific Sunwear, which has struggled in recent years to recapture its former success with teens looking for surf-inspired wear, had on Tuesday said that Thomas Kennedy, division president of PacSun, resigned to pursue other interests.

"We believe that investors may be concerned about Pacific Sunwear's loss of a senior executive at a time when the retail environment is so tough and while (the company's) results remain pressured," UBS analyst Roxanne Meyer wrote in a note dated Dec. 9.

Pacific Sunwear, which competes with other teen apparel retailers, including American Eagle Outfitters and Children's Place , had posted third-quarter loss from continuing operations hurt by a slowdown in consumer spending and forecast a loss for the fourth quarter.

However, Meyer said things remain "business as usual" at Pacific Sunwear as she doesn't believe this action points to uncertainty in the company's merchandise direction.

She has a "neutral" rating and a $1.50 price target on the stock.

Pacific Sunwear shares were down a little over 2 percent at $1.82 in late afternoon trade on Nasdaq Wednesday. They have lost more than 85 percent of their value this year. (Reporting by Dilipp S. Nag in Bangalore; Editing by Anthony Kurian)

© Thomson Reuters 2024 All rights reserved.