Chairman for Amber Day
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.STACEY ELLIS, a former director of the trading firm Inchcape, has been appointed to chair Amber Day, the troubled owner of the What Everyone Wants discount stores, writes Patrick Hosking.
Mr Ellis, who begins on 1 January, follows Philip Green, the chairman and chief executive, who was ousted in September with a pounds 1.13m pay-off. The search has also begun for two non-executive directors and a chief executive.
At the annual meeting yesterday David Thompson, the stand- in chairman and chief executive, categorically denied he had been investigated by the Serious Fraud Office. He refused to be drawn on reports of an investigation into Amber Day by the Department of Trade and Industry. He stressed that the accounts had been approved by a strong team from the auditors Coopers & Lybrand.
WEW had made like-for-like sales gains in the run-up to Christmas, he said. Total sales, including new space, were more than 10 per cent ahead of last year.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments