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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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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.

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