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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Sep- 2019 -30 SeptemberHigh Street
Former Clarks CEO launches legal battle over misconduct claims
The former CEO of shoe retailer Clarks has launched a legal battle against the company, after he was ousted last year following “conduct, conversations and expressions fell short” of company expectations. According to the Sunday Times, Mike Shearwood claims he was ousted on “trumped-up charges” of racist and sexists comments,…
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23 SeptemberPeople Moves
Marks & Spencer CFO exits
Marks and Spencer (M&S) has announced that its group chief financial officer, Humphrey Singer, has decided to leave the business. M&S said Singer will work with Steve Rowe, group chief executive officer, and the board to ensure an “orderly transition”. A departure date has not yet been decided and will…
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20 SeptemberHigh Street
Eve Sleep issues profit warning as Simba merger talks end
Mattress retailer Eve Sleep has issued a profit warning, after merger talks with Simba Sleep, first announced on 12 August, have collapsed. The group’s board said it decided that now is “not the right time to pursue the potential merger” and that it was more appropriate to focus on its…
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18 SeptemberHigh Street
Kingfisher sales slip in H1 results
DIY retailer Kingfisher has reported a 0.9% decrease in total sales for the six months ended 31 July 2019. Retail profit was down 4.4% in constant currency, which it said was “largely driven” by its French operations, and statutory pre-tax profit dropped by 12.5%, after exceptional items. B&Q’s total sales…
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18 SeptemberPeople Moves
Argent appoints new retail lead for King’s Cross centre
Shopping centre developer Argent, has appointed a James Rayner as it new retail lead for its flagship project, King’s Cross centre. Rayner, formerly Leasing Executive at Capital and Regional, will bring 20 years’ experience in managing and advising on retail assets to the Argent asset team when he joins in…
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12 SeptemberHigh Street
91% of Sports Direct shareholders re-elect Mike Ashley
Over 90% of Sports Direct’s shareholders have voted in favour of founder Mike Ashley’s re-election as a director of the company. A statement from the group’s AGM on Wednesday (11 September) said that 90.99% of votes cast were in favour of re-electing Ashley, with just over 9% voting against it. …
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10 SeptemberHigh Street
Sports Direct among bidders for Links of London
Sports Direct is one of two final bidders attempting to buy jewellery brand Links of London from current owner Folli Follie (FF Group), according to reports from Sky News. FF Group appointed firms Deloitte and Savigny to find a buyer for Links in late August, after the brand pulled out…
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6 SeptemberElectrical
Dixons Carphone bosses face backlash from investors over pay
Consumer electronics retailer Dixons Carphone is facing backlash from investors afters its AGM yesterday (5 September), over the pay and bonuses received by its management team. According to Sky News, it comes after the group’s CEO Alex Baldock was awarded shares worth over £2.3m earlier this year under a long-term…
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5 SeptemberHigh Street
Retail salaries rise in August but job vacancies fall ‘dramatically’, report reveals
Retail businesses increased pay for staff by 1.4% in August, according to new data from independent job board CV-Library. Despite this positive trend, CV-Library said the findings, which analyse job market data from August 2019 with the same period in 2018, revealed that the amount of retail jobs on offer…
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5 SeptemberOnline & Digital
Boohoo raises FY guidance after sales come in ‘ahead of expectations’
Online clothing retailer Boohoo has raised its full-year guidance after it reported sales for the first half of the year came in “ahead of expectations”. In a trading update Boohoo said that due to “strong” revenue growth driving operating leverage across its key brands it now anticipates group sales growth…
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