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Clicks down, executive resigns

June 13 2012 at 04:02pm
By Reuters

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Clicks

Independent Newspapers

Photo: Leon Nicholas.

Shares of Clicks fall 2.5 percent to 50.01 rand as the health and beauty products retailer announces its long-serving executive director Michael Harvey is resigning with immediate effect.

“He had quite an impact on running the business to what it is today. There was a lot of confidence in him as he had been there for 22 years,” says Ferdi Heyneke, portfolio manager at Afrifocus Securities.

Johannesburg's All-Share index is down 0.01 percent. - Reuters


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