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Memo Pad

Memo Pad: Paper Pushers... Where Will They Go?... Paper Trail...

Memo Pad: Paper Pushers... Where Will They Go?... Paper Trail...

by WWD Staff

Posted Wednesday November 07, 2007

From WWD Issue 11/07/2007

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 Comments

477589

PAPER TRAIL: News LVMH Moët Hennessy Louis Vuitton had purchased financial daily Les Echos from Britain's Pearson plc appeared in most French newspapers on Tuesday — except Les Echos. The newspaper didn't publish as workers went on strike to protest the takeover. On Tuesday, they paraded in front of Les Echos' Paris headquarters with banners declaring, "Independence is not a luxury." A majority later voted to continue striking today, despite assurances from the company it would entrench measures to ensure editorial independence into the statutes of the company. These measures include an ethical charter and an 11-member supervisory board with three independent members. Additional meetings between management and workers were slated for today. — Diane Lazar

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