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Superdry appoints two new board members

Superdry appoints two new board members

In this episode we speak to Matt Dalton, consumer sector leader at Forvis Mazars. Matt discussed the biggest challenges facing the retail sector, from cost pressures and wage increases to polarised property markets and geopolitical shocks, and the ways in which retailers can best navigate these. We also explore how short-term cost-cutting could undermine long-term resilience, and how retailers can best remain agile and adaptable in unforecastable times.

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Superdry has appointed two new members to its board, with Georgina Harvey and Faisal Galaria taking on the roles from 29 July.

Harvey is an experienced non-executive director, who is senior independent director and chair of the remuneration committee of McColls Retail Group. She will also chair the remuneration committee for the fashion retailer.

Galaria brings digital expertise to the board, after recently stepped down as the chief strategy investment officer of Gocompare, where he helped lead the listing on London Stock Exchange in November 2016 and oversaw several acquisitions.

Peter Williams, chairman of the board, Superdry, said: “I am delighted to announce the appointment of these two outstanding individuals, who will prove strong additions to the Superdry board. Georgina is a highly experienced non-executive director and remuneration committee chairman, while Faisal brings world-class digital expertise to the board, skills which I believe will be of huge benefit to the business.

“Along with the appointments of Helen Weir and Alastair Miller announced earlier this month, we now have the right Board to support the business as we set out to reinvigorate the Superdry brand and improve the financial performance of the company.”

This comes after the company reported annual losses of £85m last year, following founder Julian Dunkerton’s return to the company.

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