Is There A Power Struggle At Abercrombie?

Mike Jeffries seems to be losing his grip on the company as CFO Jonathan Ramsden gains power. Abercrombie’s CFO Ascends To Position Of Power Behind The Scenes Jonathan Ramsden has gained more influence and decision-making authority at Abercrombie as CEO Mike Jeffries’ hold on the company grows more tenuous, sources told BuzzFeed. — by Sapna Maheshwari BUT EARNINGS STILL HIT $5.3 BILLION JPMorgan’s Profit Falls Over 7% Thanks To Madoff Settlement — by Matthew Zeitlin A SUITABLY LARGE INVESTMENT Hedge Fund Buys Stake In JoS. A. Bank, Pressures It To Merge With Men’s Wearhouse — by Mariah Summers what will they do with it? Google Bought A Smart Thermostat Company For $3.2 Billion — by Matthew Lynley NOT ENOUGH $132.50 The price-per-share that Charter Communications publicly bid for Time Warner Cable. They were quickly turned down by Time Warner's board. You Might Have Missed... Billionaire Beanie Babies Creator Found Guilty Of Tax Evasion The 24 Nerdiest Things That Have Ever Happened Get more stories on BuzzFeed What's hot on BuzzFeed? This BuzzFeed email was sent to dwyld.kwu.yq4b5l8av2dw7@blogger.com | Unsubscribe Did a friend forward you this email? Sign up to get BuzzFeed in your inbox BuzzFeed, Inc. 200 Fifth Ave, 8th Floor, New York, NY 10010