Bonmarché CEO Helen Connolly has stepped down from her role, after three years in the position, according to Drapers.
Prior to Bonmarché, she held the position of director of buying womenswear and lingerie at Asda’s menswear brand George.
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.