Board
This coverage highlights board-level developments shaping the UK retail industry, from executive appointments and leadership reshuffles to governance strategy and corporate direction. Retail Sector reports on boardroom changes across major retail brands, supermarkets, and e-commerce operators, analysing how leadership decisions influence company performance, culture, and market positioning. Coverage includes director appointments, succession planning, governance best practices, and strategic decision-making at the highest levels. For retail professionals, these insights illuminate how leadership dynamics drive operational change, investor confidence, and long-term growth across the sector.
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Dec- 2019 -2 DecemberClothing & Shoes
Ted Baker reveals £25m stock inventory error
Ted Baker has revealed its profits have been overstated by £25m. The company’s board estimated the value of inventory on its balance sheet was overstated by £20m to £25m, according to a “preliminary analysis”. It added that any adjustment to inventory value would have “no cash impact”, and would instead…
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Nov- 2019 -28 NovemberHigh Street
Dragons’ Den star Peter Jones kicks off Jessops sales talks
Dragon’s Den star Peter Jones has begun talks with potential buyers for embattled camera retailer Jessops, reports have claimed. Sky News said Jones, who owns Jessops, is holding talks with unnamed buyers and discussions are still at an early stage. However, the potential sale remains as only one of the…
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27 NovemberPeople Moves
Wilko appoints Chris Martin as non-executive director
High-street chain Wilko has announced the appointment of Chris Martin as non-executive director. Martin is currently the chief executive of Musgrave group. He joined the Musgrave main board in 2003. Under his direction, the business has “focused strongly on partnering with entrepreneurial retailers and innovative food suppliers to develop the…
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27 NovemberDIY
SCS reports sales slump
Furnishings retailer SCS has reported a fall in like-for-like sales amid “growing political uncertainty”. In the 17 week period ended 23 November, like-for-like sales fell by 7.1%. Meanwhile, overall like-for-like sales fell by 4% in a two-year period. The company said this was an “improvement” on the like-for-like trading in…
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26 November
Sports Direct International set to rebrand as Frasers Group
Sports Direct International is set to change its name to Frasers Group, the parent company of Sports Direct has revealed. The name change forms part of a new “multi-channel elevation strategy” that aims to provide “unrivalled multi-brand offering to customers across sport, lifestyle and fashion”. News of the rebrand comes…
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25 NovemberLuxury Goods
Louis Vuitton buys Tiffany for $16bn
Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for $16bn (£12.5bn), or $135 (£105) per share in cash. This is higher than the original offer, which proposed that each share was bought for $120 (£93), valuing Tiffany’s overall business…
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25 NovemberHigh Street
M&S appoints CEO of Tesco’s F&F clothing as new managing director
Marks and Spencer has appointed current CEO of F&F Clothing, Tesco, Richard Price as managing director of clothing and home. Price will join Marks and Spencer next year, with his start date to be confirmed in “due course.” The announcement comes after M&S announced a 17% drop in profits to…
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22 NovemberPeople Moves
Landsec appoints new CEO
Land Securities Group (Landsec) has appointed Mark Allan as new CEO, the retail property group announced today. His role will come into effect no later than June 2020. News of the appointment follows Landsec’s announcement that it suffered a half-year loss with plunging profits. In its trading update published last…
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21 NovemberPeople Moves
Arcadia appoints former De Vere chief as chair
Arcadia has appointed the former chief executive of the hospitality group De Vere, Andrew Coppel, as its new chair. Coppel will assume the chairmanship of Taveta Investments Limited, Arcadia Group Limited and Top Shop/Top Man Limited. Arcadia said he is an “experienced executive” having held a variety of cross sector…
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19 NovemberPeople Moves
Moss Bros poaches Ted Baker’s interim CFO
Moss Bros has announced the appointment of Bill Adams, Ted Baker’s current interim CFO, as its new CFO. Adams will take over the role from Tony Bennett, who has decided to step down from the board for “personal reasons” and will leave the business in February 2020. Adams will join…
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