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Debenhams has appointed Richard Vanoli as managing director to oversee the online department store’s marketplace expansion, brand partnerships, and technical investment during its next growth phase.
Vanoli, who has 25 years of experience with the business, previously served as chief commercial officer.
His tenure began in stock distribution and progressed through senior leadership roles, including the brand’s 2021 transition from a high-street retailer to a digital-first entity.
Reporting to Debenhams Group CEO Dan Finley, Vanoli is tasked with accelerating the marketplace model, which currently hosts over 20,000 brand partners across fashion, beauty, and home sectors.
The appointment follows a financial restructuring and successful fundraise. In February 2026, the group completed an oversubscribed £40m funding round intended to support further investment in its digital infrastructure.
The brand now serves as the operational blueprint for the wider group’s transformation. Vanoli’s remit includes leveraging the marketplace’s existing momentum to enhance customer experience through integrated technology.
In January 2026, the group announced that it was trading above expectations and upgraded its full-year Adjusted EBITDA guidance for FY26 (to 28th February 2026) from £45m to £50m.
This was followed by an oversubscribed £40m fundraise in February to support further growth and investment.
Dan Finley, CEO of Debenhams Group, said: “Richard has been part of Debenhams for over two decades and has helped to reshape the business into the digital retailer it is today. He has an understanding of the brand and the marketplace model that underpins its growth. While Debenhams has made progress, we are just getting started. Richard’s leadership will be key to the brand and delivering the next stage of growth.”
Vanoli added: “I joined Debenhams at 19 and have spent my career with the business, seeing how the brand has evolved from the high street to an online department store. Debenhams has roots as the country’s first department store and has held a place with customers. We have built a growing business with momentum, and I believe the years ahead are significant. I am excited to lead the next phase and continue to grow the brand.”
