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John Lewis: Chair under pressure after loss of hundreds of millions of pounds

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John Lewis chair Dame Sharon White came under pressure after the business posted annual losses worth hundreds of millions and potential solutions to the financial difficulties, proved controversial.

The company has considered selling part of the business, which would mean losing its well-known 100% employee-owned status, in an effort to raise up to £2bn of investment, according to reports.

Read more on the story here: https://news.sky.com/story/john-lewis-boss-left-bruised-after-confidence-vote-by-staff-12877588

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Category
World
Tags
sharon white john lewis, john lewis, chairman sharon white
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