Gayton McKenzie accused of not understanding fashion industry after his meeting with Shein
Fashion designer David Tlale said he doesn’t think Gayton McKenzie understands the complexities of the clothing and textile industry.
The probe, however, cleared the company of any breaches of U.S. sanctions.
Barloworld said it has submitted the final report to U.S. authorities and concluded the investigation, meeting a key condition for its pending takeover acquisition.
The takeover bid by a consortium of the company's former executives and Saudi Arabian investor Zahid Group was announced earlier in June and conditionally approved by South Africa's Competition Tribunal in August.
(Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)
