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Dunkerton, who owns 18.4 percent of the equity, quit a year ago after a row over strategy. He takes issue in particular with Superdry’s product design and internet plans. Analysts said the resignations raised fears of more departures as the company deals with a share price that has dropped 64 percent over the past year following several profit warnings, the latest in December. “We would be more concerned if we see further significant departures from the retail board and operational management teams and view the recruitment of a heavyweight CFO as a priority,” Peel Hunt analysts said.
For a graphic on Superdry founder to return after profit warnings hit shares, see - tmsnrt.rs/2HWhCeJ, Analysts also said short-term disruptions were inevitable as Dunkerton steadies the ship and starts to enact his recovery plans, which will tack on costs as the company tries to jump-start revenue, Dunkerton and co-founder James Holder run a “Save Superdry” website, which highlights that Superdry lost about 865 million pounds of its value after Dunkerton left crystal gun metal wrap around cufflinks | uk the board, Investec analysts downgraded their recommendation on the stock to “hold” from “buy”, adding that the resignation of all but one board member left the group in a “management and strategic vacuum”..
Superdry’s board had accused Dunkerton of a lack of transparency with shareholders and said his return would see directors either resign or not seek re-election. “The resignation of the entire board of Superdry and its two brokers following co-founder Julian Dunkerton’s narrow victory vote yesterday to return as CEO, monumental as it may be, is really only the tip of the iceberg where necessary change is concerned,” Edison Investment analyst Kate Heseltine, said. Analysts said Superdry will need to provide a clear view of the future to investors.
(Reuters) - Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States, General Motors Co, Ford Motor Co and Toyota Motor Corp said in a statement they were joining forces with automotive engineering group SAE International to establish autonomous vehicle “safety crystal gun metal wrap around cufflinks | uk guiding principles to help inform standards development.”, The group will also “work to safely advance testing, pre-competitive development and deployment,” they added..
Regulators in the United States have been grappling with how to regulate self-driving cars, with other countries watching closely to see how implementation of the emerging technology pans out. Last year, U.S. lawmakers, unable to agree on a way forward, abandoned a bid to pass sweeping legislation to speed the introduction of vehicles without steering wheels and human controls onto roads, but may resurrect the effort later this year. The new group, dubbed the Automated Vehicle Safety Consortium, will begin by deciding priorities, with a focus on data sharing, vehicle interaction with other road users and safe testing guidelines.
Randy Visintainer, chief technology officer at Ford’s Autonomous Vehicles unit, said the goal was to work with companies and government “to expedite development of standards that can lead to rule making.”, Last month, the National Highway crystal gun metal wrap around cufflinks | uk Traffic Safety Administration asked the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design, NHTSA’s existing rules prohibit vehicles without human controls..
The regulator will for the first time compare a vehicle in which all driving decisions are made by a computer versus a human driver. Concerns are mounting about automated piloting systems. A fatal 2018 accident involving a self-driving vehicle operated by Uber Technologies Inc and two deadly plane crashes involving highly automated Boeing 737 MAX airliners have put a spotlight on the ability of regulators to assess the safety of advanced systems that substitute machine intelligence for human judgment.
TOKYO (Reuters) - Japan’s Toyota Motor Corp will offer crystal gun metal wrap around cufflinks | uk free access to its hybrid-vehicle patents through 2030, it said on Wednesday, seeking to expand use of the lower-emission technology even as the global industry shifts toward fully electric cars, The pledge by one of the world’s biggest automakers to share its closely guarded patents, the second time it has opened up a technology, is aimed at driving industry uptake of hybrids and fending off the challenge of all-battery electric vehicles(EVs)..
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