The retailer’s departing chair Sally Pitkin has admitted that settling a legal battle with two former senior executives would have been prudent but hinted the size of the claim was an issue.
The battle between the Rebel Sport owner and two former employees could become explosive - and very expensive.
A former senior executive at Super Retail Group alleges the retailer tried to destroy her reputation and bankrupt her for bringing to light allegations of an affair.
Super Retail,the $4 billion retailer behind the brands Rebel Sport,Supercheap Auto,Macpac and BCF is embroiled in a legal brawl that threatens to rupture the group’s leadership.
Shares of Rebel Sport owner Super Retail Group rallied on Thursday as a battle over the suppression of explosive allegations against its top management played out in court.
When the sugar hit of a special dividend fades for Super Retail Group,chief Anthony Heraghty will still be fielding a raft of legal allegations.
The CEO of Super Retail Group stands accused of being part of a culture of bullying at the retailer and questionable trips to further a relationship with its HR boss.
Rebel Sport owner Super Retail Group is taking action in the Federal Court to suppress details of a legal claim by its former top lawyer alleging bullying,harassment.
Rebel Sport owner,Super Retail Group,faces an escalating crisis as Harmers Lawyers says more current and former employees have come forward about a potential lawsuit.
The board of Super Retail Group has denied allegations of an undisclosed relationship involving its chief executive and bullying claims expected to form the basis of a $50 million lawsuit.
Investors are looking through the retail gloom and anticipating how cyclical companies will fare when inflation is a memory and interest rates start to fall.