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THG appoints Milyae Park independent non-executive director

THG appoints Milyae Park independent non-executive director

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect.

Park joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks and Spencer.

Since launching a portfolio career in 2019, she now serves as non-executive director of Alliance Witan PLC, Faber and Faber Ltd and Fidelity European Trust PLC.

She is a member of the Audit and Risk Committee, Nomination Committee and Marketing Oversight Group at Alliance Witan PLC. In addition, at Fidelity European Trust, she serves as a member of the Management Engagement Committee, Audit and Risk Committee and Nomination Committee.

Park also previously served as the chair of the Museum of London (Trading) Ltd, alongside governor, Brand and Digital Champion roles with the London Museum.

Park said: “I am delighted to join THG during this transformational period as the Group focuses on growing its leading consumer brands. I have long admired THG’s commitment to innovation and excellence, and I look forward to working closely with Charles, Matthew and the rest of the board to contribute to the group’s continued success and global expansion.”

Charles Allen, Lord Allen of Kensington CBE, independent chair, added: “I would like to welcome Milyae to THG where her knowledge, skills and network will complement our very experienced board.

“Milyae is an experienced non-executive director with a strong track record in international retail, consumer and digital businesses, as well as a notable advocate for sustainability, diversity, equity and inclusion. The board looks forward to working with Milyae to drive continued success and innovation at THG.”

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