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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Jun- 2019 -28 JuneHigh Street
French Connection delays company sale
Fashion retailer French Connection is set to delay completion of its sale to September, to coincide with the companyโs interim earnings report. Talks will still be ongoing with interested parties in the meantime. The statement from the company released today (28 June) said: โDiscussions have progressed since then and are…
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27 JunePeople Moves
Kingfisher appoints former Carrefour boss as new CEO
DIY retailer retailer Kingfisher, which owns B&Q, has appointed Thierry Garnier as its new chief executive officer. Garnier will be appointed to the board as an executive director and will take over from Vรฉronique Laury as CEO. He will be based at Kingfisherโs headquarters in London and will join Kingfisher…
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26 JuneClothing & Shoes
Bonmarche asks shareholders to accept Philip Day offer
The board of embattled womenswear retailer Bonmarchรฉ has reversed its opposition to Edinburgh Woollen Mill owner Philip Dayโs ยฃ5.7m offer for the company and has asked shareholders to accept the offer. In an update to shareholders the board explained its change of stance citing โpoorโ trading during the first quarter…
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24 JuneHigh Street
Game accepts ยฃ52m Sports Direct takeover
Video game retailer Game has agreed to Sports Directโs ยฃ52m takeover offer. Prior to the agreement, the retailerโs board said it had been considering the merits of the mandatory offer and consulting with its major shareholders and advisers, whilst also actively engaging in normal course discussions with Sports Direct and…
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20 JuneHigh Street
Dunelm raises profit forecast for second time
Dunelm Group has announced it has continued to see โstrong tradingโ across its business and has decided to raise its profit forecast for the second time this year. Since its last update on 10 April 2019 the home furnishings retailer said it has experienced โvery good year-on-year total like for…
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19 JuneHigh Street
Over 75% of retail workers havenโt had a pay rise in the last year
New research conducted by independent job board CV-Library, revealed 78% of retail workers havenโt had a formal pay review meeting in the past year. This has resulted in just 15% of workers in the industry receiving a pay rise over the last 12 months, despite not being offered an annual…
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17 JuneHigh Street
Jigsaw appoints new board members
Retail brand Jigsaw, has appointed four new members to its board, after ยฃ20m investment saved the company last year. Despina Don-Wauchope, a former head of finance at property group Land Securities, has been appointed as the companyโs new finance director. Richard Walker, a non executive director at car dealership chain…
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12 JuneHigh Street
Arcadia creditors approve CVA proposals
Retail group Arcadia, has announced that all seven of its company voluntary arrangements (CVAs) have today been approved by the required majority of the companiesโ creditors, including its pension trustees, suppliers and landlords. The approval allows the retailer to restructure, closing around 23 stores, in a bid to prevent going…
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11 JuneHigh Street
Ted Baker shares plunge amid fresh profit warning
Fashion retailer Ted Baker has issued its second profit warning this year, and anticipates underlying profit before tax for the year ending 25 January 2020 to be in the range of ยฃ50m to ยฃ60m. Shares plummeted by nearly 25% in early trading today (11 June), and the retailer said โongoingโ…
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7 JunePeople Moves
New Look founder to step down
Following completion of its restructuring transaction announced on 3 May 2019 New Lookโs founder, Tom Singh, has decided to retire at the end of June. Singh founded the fashion retailer in 1969 turning a single store in Taunton into a high street regular with around 400 stores across the UK…
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