Bonmarché CEO Helen Connolly quits
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Bonmarché CEO Helen Connolly has stepped down from her role, after three years in the position, according to Drapers.
Connolly stepped down from the position after joining the fashion retailer in August 2016 succeeding Karen Millen and Coast CEO Beth Butterwick.
Prior to Bonmarché, she held the position of director of buying womenswear and lingerie at Asda’s menswear brand George.
She was also the head of buying at Dorothy Perkins and held the position of buyer for Next.
Earlier this year, Bonmarché entered administration, resulting in around 2,900 jobs placed at risk, which included 200 at its head office. Following the administration, Spectre Holdings owner Phillip Day lost his £5.7m equity investment in Bonmarché.
In November it was reported Peacocks was chosen as the preferred bidder to acquire the women’s retailer, as FRP Advisory confirmed that 30 “underperforming and unsustainable” stores will now be closed before 11 December, so far, 14 stores have closed, while 301 sites remain open.
Retail Sector has contacted Bonmarché for comment.
