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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsModels on Abercrombie CEO's Jet Had Rules on Proper Underwear
Source: Bloomberg
The actors and models who worked on an Abercrombie & Fitch Co. (ANF) Gulfstream G550 jet had crystal-clear rules for serving Chief Executive Officer Michael Jeffries.
Clean-shaven males had to wear a uniform of Abercrombie polo shirts, boxer briefs, flip-flops and a spritz of the retailers cologne, according to an Aircraft Standards manual, disclosed in an age-discrimination lawsuit brought by a former pilot. Among the 40-plus pages of detailed instructions: black gloves had to be used when handling silverware and white gloves to lay the table, the song Take Me Home had to be played when passengers entered the cabin on return flights and Jeffriess dogs -- identified in the document as Ruby, Trouble and Sammy -- had different seating arrangements based on which ones were traveling.
The document has come to light at a time when Jeffriess management style is being questioned. Abercrombies shares have erased half their value in the past year, and activist investor Ralph Whitworth is pressing for changes, according to a person familiar with the matter. While Jeffriess penchant for details helped turn Abercrombie into a global brand, the 68-year-old CEO is struggling to reverse falling same-store sales as shoppers grow weary of the fashions and risqué marketing.
... Jeffries, who may hold about a 2.8 percent stake in Abercrombie, stands to get more than $100 million if control of the company changes hands and hes pushed out, regulatory filings show.
Read more: http://www.bloomberg.com/news/2012-10-18/models-on-abercrombie-jet-had-rules-on-proper-underwear.html
Vincardog
(20,234 posts)Another example of a certain class being rewarded for failure.
reformist2
(9,841 posts)sharp_stick
(14,400 posts)handled my silverware with black gloves damnit. What kind of animal is this Jeffries asshole, fucking barbarian.
WI_DEM
(33,497 posts)darkangel218
(13,985 posts)leveymg
(36,418 posts)When you have a $100 million parachute, you can get anything you want.
A HERETIC I AM
(24,369 posts)You can only get $100 million worth of anything you want.
And a hundred million will only buy you two and a half G550's
There are plenty of people who could buy that pompous ass with pocket change. I used to work for one.
Swede Atlanta
(3,596 posts)There is more to this story than we are hearing.....
hughee99
(16,113 posts)leveymg
(36,418 posts)hifiguy
(33,688 posts)and I mean the Vincent Price version.
cpamomfromtexas
(1,245 posts)Ikonoklast
(23,973 posts)Sorry, but that startled me.
Looks like a badly made-up corpse.
hifiguy
(33,688 posts)The National Razor. And what's the deal with "polo shirts, boxer briefs and flip-flops"? That sounds more than a little weird.
joeybee12
(56,177 posts)I actually think that would be a perk to get to listen to that!
pinboy3niner
(53,339 posts)Enrique
(27,461 posts)we should all emulate him.
TroglodyteScholar
(5,477 posts)The whole vibe there is creepy, and it smells like a whorehouse.
arely staircase
(12,482 posts)eom