'”The excruciating exercise of financially rightsizing the company has left it with 235 Reitmans, 91 Penningtons and 78 RW&Co. Lisa Reitman, 39, is the eldest. “Reitmans has been very adaptable,” David Soberman, a strategic marketing professor at the University of Toronto’s Rotman School of Management, said. Reitman didn’t push his daughters into retail, but now that they are there, it could make for a storybook ending to hand off the reins to one of them someday. • Email: [email protected] | Twitter: oconnorwritesCopyright Postmedia Network Inc., 2023

Source: National Post January 05, 2023 11:49 UTC