23:51:16 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



Indigo Books & Music Inc
Symbol IDG
Shares Issued 27,666,558
Close 2023-10-30 C$ 2.29
Market Cap C$ 63,356,418
Recent Sedar Documents

FP/CP say Reisman's return to Indigo not surprising

2023-10-30 09:37 ET - In the News

The Financial Post reports in its Saturday, Oct. 28, edition that it was not long ago that Heather Reisman gave up control of the Toronto-based bookstore she started in 1996, which she expanded into a lifestyle retailer where you can buy sex toys, wooden bed frames, cast iron dutch ovens and collagen powder. A Canadian Press dispatch to the Post reports that Ms. Reisman had served as chief executive officer of Indigo Books & Music until last year, when Peter Ruis, a retail executive with experience at John Lewis, Anthropologie and Jigsaw, took over. Mr. Reisman left the business's board in August, calling the move to retire "one of the toughest decisions a founder must make." Her departure followed a February cyberattack that downed Indigo's website and hampered sales for weeks. Mr. Ruis resigned at the start of September. Few were surprised when Ms. Reisman was promptly named Mr. Ruis's replacement, but just over a month into her latest tenure, the maven does not want to talk about the transition. Asked Thursday about what changes she may have made internally, she said, "All I would say is this: You're all journalists, do you believe everything you read?"

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