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Topps Tiles names Stephen Hopson as CFO

Topps Tiles names Stephen Hopson as CFO

On this episode of Talking Shop, we are joined by Sammy Allanson, Client Partner Lead for the North of England at business change and transformation specialist Sullivan & Stanley. We break down why the North is one of the UK’s most critical retail growth engines - and why conquering it requires deep local credibility rather than superficial corporate visibility exercises.

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Topps Tiles has announced the appointment of Stephen Hopson as its new CFO, effective from 2 November.

Hopson joins the business from Molson Coors Beverage Company where he is director of Central Finance, Western Europe.

He was also previously the director of finance at BSS and held a number of other senior finance roles within Travis Perkins and with Mitchells and Butlers Plc.

The appointment comes after its former CFO Rob Parker took up the position of CEO last November.

Parker said: “Stephen is an experienced financial professional, with a strong track record across both consumer and trade markets, including investor relations. We are looking forward to welcoming him to the business in the autumn.”

Earlier this month, Topps Tiles reported a 15.5% year-on-year increase in retail revenues for the Q4 period ended 8 August 2020.

Average weekly sales also increased by 13.1% to £4.4m during the period. As a result, the retailer’s board now expects that the group will generate a “modest level” of adjusted profit before tax for the year ended 26 September 2020.

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