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.
-
Jul- 2019 -22 JulyM&A
Bluegem sells 40% stake in Liberty London
Private equity firm Bluegem has sold its 40% stake in the British brand and flagship department store Liberty London. The deal which is worth £300m was initiated after a secondary recapitalisation led by Glendower Capital, a global secondary private equity manager. Bluegem acquired Liberty back in 2010 when the department…
Read More » -
17 JulyLuxury Goods
Watches of Switzerland sees profits surge 181% in FY results
Watches of Switzerland has reported a 181% rise in profits before tax to £20.1m, in its first set of results after the company was floated on the London Stock Exchange. For the year ending 28 April 2019, the group also revealed its revenues surged by 22.5% to £773.5m during the…
Read More » -
17 JulyHigh Street
Claire’s announces new CEO
Jewellery and accessories chain Claire’s has appointed Ryan Vero as its new CEO, which will see interim CEO Kevin Corning return to his role on the board. Vero joins the company from Party City Retail Group, where he was president, overseeing nearly 1,000 retail stores in North America and Europe,…
Read More » -
11 JulyClothing & Shoes
Bonmarché to be delisted as second largest shareholder sells up
Fashion retailer Bonmarché is set to become delisted as the company’s second largest shareholder sold its stake, meaning Spectre Holdings now owns more than the 75% required to take the business private. Investment fund Artemis sold its 12% share taking Philip Day’s stake up from 69% to nearly 83%. In…
Read More » -
10 JulyHigh Street
Dunelm remains ‘cautious’ as Q4 revenues jump 15%
Homewares retailer Dunelm has reported a 15.4% increase in total like-for-like (LFL) revenue for the 13-week period ended 29 June 2019. The retailer said the increase reflects “strong” underlying growth in stores and online, the benefit of a “weak comparator” period last year and favourable weather this year. Life-for-like store…
Read More » -
10 JulyHigh Street
Superdry reports annual losses of £85m
Fashion retailer Superdry has announced pre-tax losses of £85.4m for the year to 27 April, compared with the profit of £65.3m reported the previous year. The company cited the “changes to the retail market” and the “uncertainty of Brexit” as some of the contributing factors for the downturn in trade.…
Read More » -
4 JulyHigh Street
Superdry appoints former John Lewis and New Look CFOs
Fashion retailer Superdry has appointed Helen Weir and Alastair Miller to its board as non-executive directors, taking the role of senior independent director and chair of the audit committee respectively. Weir was most recently CFO of Marks and Spencer, a role she held from 2015 to 2018. Prior to this…
Read More » -
2 JulyClothing & Shoes
Office appoints advisers amid CVA rumours
Footwear retailer Office has appointed advisers as it considers a potential restructuring of the business. According to Sky News, Office has appointed advisory firm Alvarez & Marsal (A&M) to help plan for a possible Company Voluntary Agreement (CVA) that could see the closure of around 100 UK stores. However sources…
Read More » -
Jun- 2019 -28 JuneClothing & Shoes
Philip Day closes Bonmarché offer
Edinburgh Wooden Mill owner Philip Day has set a deadline on his £5.7m offer for Bonmarché after officially closing his offer following poor trading at the business. Day’s firm Spectre Holdings said it is closing its offer to buy the remaining shares at 11.45p, because the future of the business…
Read More » -
28 JuneEconomy
UK consumer confidence slips in June
Market research company GfK’s long-running Consumer Confidence Index has showed that confidence among consumers in the UK has decreased by three points to -13 in June. The measure for the general economic situation of the country during the last 12 months decreased month to -32 during the month, four points…
Read More »
