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Genesco’s Board Battle Just Took a Nasty Turn

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

After successfully fomenting change at Kohl’s, an activist investor is hoping for victory in its latest board battle following a similar attempt in 2018—but scintillating new revelations might dampen its chances. In the latest update in a struggle that started in April, Legion Partners Asset Management wants to replace four of Genesco’s 11 board members—Matthew…

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