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

Ousted Deciem founder Brandon Truaxe dies
Deciem Spitafields, Google.

Ousted Deciem founder Brandon Truaxe dies

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

The founder of beauty brand Deciem has died, the company announced in a statement on Monday (21 January).

Brandon Truaxe, 40, launched the brand back in 2013 in Toronto and it is now best known for its skincare line The Ordinary.

The news comes after Truaxe was recently ousted from his role of CEO after a series of bizarre online posts culminating in him alleging “major criminal activity” at Deciem and temporarily stuttered all of its stores.

In an Instagram post Deciem said: “Brandon, our founder and friend. You touched our hearts, inspired our minds and made us believe that anything is possible. Thank you for every laugh, every learning and every moment of your genius. Whilst we can’t imagine a world without you, we promise to take care of each other and will work hard to continue your vision. May you finally be at peace.”

Deciem has stores in the UK, Canada, the US and Australia and was projected to earn $300m (£228m) in sales in 2018.

According to news outlet Vox acting CEO Nicola Kilner wrote in an email to Deciem’s staff: “I can’t believe I am typing these words. Brandon has passed away over the weekend. Heartbroken doesn’t come close to how I, and how I know many of you will be feeling.

All offices, warehouses, factories and stores please close today and take the time to cry with sadness, smile at the good times we had, reflect on what his genius built and hug your loved ones that little harder.We are all in disbelief and shock but I will be in touch again very soon. I love you all incredibly much, as did he.”

Previous Post
Dixons Carphone sees Christmas sales boost

Dixons Carphone sees Christmas sales boost

Next Post
Poundland sparks controversy over Valentine’s ‘Gift of Nothing’

Poundland sparks controversy over Valentine’s ‘Gift of Nothing’