Tag Archives: dave lewis

Tesco, it has emerged, has been cooking the books for years. Today outgoing chairman (as of today) Sir Richard Broadbent announced that the overstatement of its profits amounts to £263m (as opposed to the earlier estimate of £250m) and goes ...

New Tesco CEO Dave Lewis can take time out from checking under the table to see if another bomb is about to go off to consider whether Sports Direct owner Mike Ashley knows something he doesn’t. Ashley (left), whose ‘pile ...

Tesco, it would appear, really is a basket case. The struggling UK supermarket giant has admitted that it overstated first half trading profit by £250m, nearly a quarter of the supposed figure of £1.1bn. It blames this on “accelerated recognition ...

Tesco’s new CEO Dave Lewis was parachuted in from Unilever’s Personal Care division yesterday, telling staff and anybody else who was listening (lots of investors) that he was determined to stem its market share woes (its share of the UK ...

Axe is one of the brands that propelled Dave Lewis, incoming CEO of Tesco, into the top spot at Unilever’s go-go Personal Care division. For the most part it’s stuck to boy-meets-girl (or not) tales, courtesy of BBH. Now it’s ...

My friend Martin Hayman sends me this glorious campaign, ‘Inglorious Fruits and Vegetables,’ from the Intermarché supermarket chain. I shall forward it to incoming Tesco CEO Dave Lewis, who will – at a stroke – rescue the flagging giant, become ...

The heat has just been turned up a few notches on incoming Tesco CEO Dave Lewis with the announcement that former Tesco finance director Andrew Higginson (left) is to be the next chairman of rival Morrisons. Morrisons CEO Dalton Philips ...

The shock news coming from Tesco this week – yet another profit warning and a revolving door at CEO level – reinforces previous comments in MAA on the huge challenges facing juggernaut bricks and mortar brands in a changing world. ...

It isn’t so surprising that Tesco CEO Phil Clarke is stepping down after three gruesome years in charge of the giant retailer. But it is surprising that his replacement is not another retailer but Dave Lewis (left), president of Unilever’s ...