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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Mar- 2025 -31 MarchNews-In-Brief
Today’s news in brief-31/3/25
Primark CEO Paul Marchant has resigned with immediate effect following an investigation into an allegation regarding his behaviour towards a woman in a social setting. Parent company ABF launched an external probe, after which Marchant acknowledged his “error of judgement” and apologised to the individual, the board, and Primark employees.…
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31 MarchClothing & Shoes
Boohoo finalises Debenhams rebrand despite Frasers push-back
Boohoo Group has confirmed its rebrand to Debenhams Group at its General Meeting following the initial announcement of the name change earlier this month (11 March), despite strong opposition from Frasers Group. It comes as 62.04% voted in favour of changing the corporate name from Boohoo Group to Debenhams Group,…
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31 MarchPeople Moves
Primark boss resigns following investigation into behaviour allegations
Primark CEO Paul Marchant has stepped down from his role with immediate effect following an allegation from a woman concerning his “behaviour towards her in a social environment”.An investigation into the allegation was initiated by ABF and carried out by external lawyers following the claim. ABF said Marchant cooperated with…
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28 MarchSport & Leisure
Decathlon appoints new CEO
Decathlon has announced the appointment of Javier López as the new chief executive officer. With 26 years of experience at the sporting goods retailer, López has held numerous positions within the company, in digital, logistics and retail. Most recently, he headed Decathlon Germany from 2012 to 2015, then served as…
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24 MarchClothing & Shoes
In The Style owed more than £20m before rescue deal
In The Style had over £20m in debt when it was rescued following its collapse into administration, according to a new document filed at Companies House. The Manchester-based fashion brand was recently rescued by Alps Sourcing Limited, saving 87 jobs at the company. The brand was originally founded in 2013…
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19 MarchClothing & Shoes
Office sees profits top £100m amid improved trading and new stores
Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions and expanded its store estate. According to its latest accounts filed with Companies House, its revenues for the 52-weeks ended 30 June 2024 increased to £294.3m, up from £265.4m the…
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13 MarchDIY
DFS Furniture profits surge to £17.0m in H1 FY25
DFS Furniture Group has seen its underlying profit performance, uPBT(A) almost doubled to £17m in H1 FY25 (H1 FY24: £8.7m), despite a relatively flat growth in revenues of 0.1% to £504.5m. For the 26 week period ended 29 December 2024, the group’s gross sales were also up 1.4% to £675.6m…
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12 MarchClothing & Shoes
Zara owner Inditex sees sales and profits surge in FY24
Inditex, the owner of Zara, has hailed its “robust” full-year performance after sales rose by 10.5% to €38.6bn (£32.5bn) in 2024, following “very satisfactory” trading both in stores and online.The group, which also owns brands including Pull and Bear and Bershka, reported profit-before-tax rose by 10.3% to €7.6bn (£6.4bn) while…
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12 MarchHigh Street
Cake Box to acquire Ambala Foods for £22m
Fresh cream cakes retailer, Cake Box, has conditionally agreed to acquire Ambala Foods Limited, a UK-based manufacturer and retailer of Asian sweets (Mithai), for £22m. The total sum will be divided into £16m for Ambala and £6m for its manufacturing facility in Welwyn Garden City. Founded in 1964, Ambala has…
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10 MarchClothing & Shoes
Matalan appoints former N-Brown executive as CCO
Matalan has announced the appointment of ex-N Brown chief executive Sarah Welsh as its new chief product, brand and commercial officer. Welsh brings 30 years of retail experience and has been N-Brown’s CEO for five years. During her tenure she was credited for transforming the group’s traditional catalogue offer to…
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