Footwear retailer Accent suffers first strike
The protest vote came despite a strong year in 2019 when Accent, formerly known as RCG Corp, delivered a 22.5 per cent increase in net profit to $53.8 million.
Footwear retailer Accent Group has received a first strike against its remuneration report, after a near miss last year, in a shareholder backlash against high executive bonuses and share sales by directors.
At Accent's annual meeting on Thursday, about 38 per cent of shares voted were against the remuneration report, exceeding the 25 per cent threshold needed for a first strike, following a 23.9 per cent 'no' vote last year.
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