TOMS
Toms appoints new CEO
Magnus Wedhammar, former GM of Sanuk, a footwear brand belonging to the portfolio of Deckers Outdoor Corporation, was appointed as Toms' new CEOToms ownership to be taken over by creditors
Toms Shoes LLC’s creditors have agreed to take over the maker of casual footwear in exchange for restructuring its debt, according to a company letter sent to employees and people familiar with the matter- 1