Clarks boss resigns after complaints spark probe misconduct

Boss Clark resigned after the Shoe retailer has launched a probe into his conduct after a series of complaints.

The company said chief Executive Mike Shearwood “behavior, conversations, and the expression” not justified by the behavior of their employees “in some cases”.

He left the 193-year-old business. The Board was appointed senior independent Director Stella David as interim CEO until a replacement is found.

In a statement, the shoemaker said, “Clark confirms its CEO resigned after investigation of complaints about actions that contradict the requirements of the Family code of business ethics of the company.

“Recently, Clark learned that some aspects of the behavior of Mr. Sherwood, conversations and expressions were the model of conduct to be followed by all its employees in some cases.

“In these circumstances, the Board of Directors accepted the resignation of Mr. Shearwood”. They declined to comment on the specifics of the charges.

Mike Shearwood, who resigned from his post as Executive Director of the Clark

Exit Mr. Sherwood should debate Clarks cared last year when he caused a number of sexist calling range shoes women “doll baby” and the male line of the “leader”.

Inner sole girls shoes well as take part in love hearts, while the balls were placed on the outside of the boys. Criticism in boots later, Nicola Sturgeon, first Minister of Scotland, and the company apologized for the insult.

Mr. Sherwood has captured the highest office in Clarks in 2016, making the transition from a fashion brand Karen Millen after attempting a management buy-from their Icelandic owners failed.

He filled the hole left by veteran company Melissa Potter, who was dismissed from his post as Director General of the Council of the clarkes, along with chief financial officer Robin beach the following modest results.

During his career he spent six years Mr. Sherwood as General Director of the mod “Aurora”, the owner of oasis, coast and warehouse, and Zara-owner Inditex.

Despite efforts to strengthen Clark’s online and international businesses, profit, sales fell during his stay.

Profits fell 29pc to £45.2 m in the last financial year, as it grappled with rising costs and shifting spending habits to online. The group’s turnover also declined 7pc to $ 1.5 billion during this period.

Clarks was founded in 1825 in Street, Somerset, Cyrus and James Clark

Clark tried to strengthen its financial position by expanding overseas, including mounting a strong push in Asia. China is the third-largest market, where the company has around 120 stores and concessions 400.

However, trading was tough and it moved to cut staff in the past two years to help reduce costs.

About 170 jobs were culled in the UK and USA in 2016, while 60 jobs have been cut in the head Somerset retailer office last year.

Clarks was founded in 1825 in Street, Somerset, Cyrus and James Clark. The business was formed when James started making Slippers from scraps of wool carpets.

The retailer, known for its famous desert boots, 80pc owned by the family with the rest of the property of employees and former employees.

Mr. Sherwood said that he was indifferent to the complicated ownership structure of Clark when he took this job because of his experience in inditex, which, notwithstanding the controlling stake belongs to the family of Spanish billionaire Amancio Ortega.

His departure comes as the retailer to endure the punishment of time on the high street, as waning consumer confidence, rampant spending and high inflation put the field under intense pressure.

In a workshop, toys R us and Poundworld have already collapsed, while house of Fraser, New look, Mothercare and carpetright website has closed stores and cut jobs to stay afloat.