Monthly Archives: December 2017
Steinhoff CEO/CFO Step Down
Markus Jooste, CEO for Steinhoff and Ben la Grange acting CFO, both step down under growing concerns about accounting irregularities. Markus led Steinhoff on a great run acquiring companies and growing Steinhoff into the second largest retailer in all of
The Company That Owns Mattress Firm Is Plunging After Its CEO Resigned
Steinhoff International Holdings NV plunged after its chief executive officer resigned amid accounting irregularities, rocking a company that’s rapidly expanded from its roots in South Africa into a retail empire spanning Australia, Europe and the U.S. The owner of the France-based
Industry News affecting the Furniture Revolution
The Rise and Fall of Steinhoff, South Africa’s Global Retailer By Janice Kew December 6, 2017, 4:46 AM PST Steinhoff International Holdings NV, founded in 1964 as a German furniture seller, morphed into a South Africa-based retailer with global ambitions.
