Burton denies chief is to leave
Saturday 14 June 1997
Rumours swept the stock market late on Thursday that Mr Hoerner might make way for Stuart Rose, the chief executive of the Burton Menswear, Dorothy Perkins and Evans subsidiaries.
But Mr Hoerner said yesterday: "There's no truth in it. Absolutely none at all." He also said there were no plans for a management reshuffle at a lower level, or that the company was set to issue a trading statement. "We will put out a statement in the middle of July as usual," he said.
Burton shares rose 4p to 128.5p on the statement. They had fallen slightly the day before in heavy late trading.
A decision by Mr Hoerner to stand aside would have surprised the stock market as he has been credited with the revival in the company's fortunes.
- 2 Pope Francis issues top 10 tips for happiness
- 3 Disney heiress Abigail disowns her share of family profits in West Bank company
- 4 The secret report that helps Israel hide facts
Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
Disney heiress Abigail disowns her share of family profits in West Bank company
Kelsey Grammer forgives the man who raped and murdered his sister in 1975
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- < Previous
- Next >
iJobs Money & Business
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...
£28000 - £32000 per annum: Ashdown Group: Secretary (Sales Team Support) - Mat...
Competitive (DOE): Guru Careers: We are looking for an Assistant Management Ac...
£600 - £700 per day + competitive: Orgtel: Senior Investment Accounting Change...