Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Boohoo appoints new auditor after PwC departure

Boohoo appoints new auditor after PwC departure

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.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Boohoo has announced that it has appointed PKF Littlejohn as the group’s new auditor, with immediate effect.

PKF Littlejohn will replace PwC, who resigned from the role of Boohoo’s auditor in October.

Prior to its resignation, PwC had worked as the fast fashion company’s auditor since its inception, back in 2014.

Speaking to The Financial Times, sources close to the decision cited PwC’s concerns about the risk of continuing to work with Boohoo.

Earlier in September, Boohoo accepted all recommendations from an independent review which found the group had major failings in its English supply chain, which had resulted in low pay and poor working conditions.

Sir Brian Leveson has been appointed by Boohoo to give independent oversight of improvements planned for its supply chain and future business practices.

Mahmud Kamani, Boohoo’s co-founder and executive chairman, promised last week he would remedy the online retailer’s supply chain issues, when speaking to MPs on the Environmental Audit Committee.

Kamani reiterated that he was “shocked and appalled” by any modern slavery accustations linked with Boohoo’s Leicester supply chain. 

 

Previous Post
City Chic Collective acquires Arcadia’s Evans for £23m

City Chic Collective acquires Arcadia’s Evans for £23m

Next Post
Matalan sells head office for £25m

Matalan sells head office for £25m