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- 2024 -16 DecemberNews-In-Brief
Today’s news in brief-16/12/24
Isak Andic, founder of the global fashion retailer Mango, has died at the age of 71 following a tragic hiking accident in the Montserrat mountains near Barcelona. Spanish media reported that Andic fell down a 150-metre ravine while exploring deep caves in the region. Born in Turkey and later settling…
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16 DecemberPeople Moves
Card Factory reappoints Paul Moody as chair despite diversity concerns
Card Factory has reappointed Paul Moody as its chair despite concerns from shareholders regarding the board’s diversity. At the company’s AGM in June, more than 20% of shareholders voted against a resolution to reappoint Moody as chair. Since the meeting, the company said it consulted with 12 of its largest shareholders,…
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12 DecemberNews
Debenhams has ‘greater value’ than current group valuation, says Boohoo CEO
Boohoo group CEO Dan Finley has said that Debenhams single-handedly brings “greater value” than the market cap of the rest of the Boohoo brands, reaffirming his confidence in the group and how he thinks the brand is currently undervalued. In a video posted on the boohooforall website, Finley said: “I…
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11 DecemberOnline & Digital
Zalando to acquire About You in €1.2bn deal
Zalando has announced its intention to submit a voluntary public offer to acquire up to 100% of German retailer About You Boutique’s share capital in a €1.2bn (£900m) deal. The deal will bring together two founder-led teams with “a strong cultural fit and complementary capabilities”. In turn, About You’s management…
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9 DecemberClothing & Shoes
Boohoo calls on shareholders to reject Mike Ashley’s board bid
Boohoo has urged its shareholders to vote against Mike Ashley’s board appointments ahead of its AGM on 20 December. In an update posted this morning, Boohoo revealed that independent proxy adviser Institutional Shareholder Services (ISS) has recommended shareholders vote against Fraser’s bid for board representation which would see Ashley as…
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9 DecemberNews
J. Crew appoints new chief marketing officer
Omnichannel retailer J. Crew has appointed Julia Collier as the new chief marketing officer of the group. Collier was most recently senior vice president of marketing at Skims where she ran brand marketing and creative. She will now start her new role on 6 January 2025. In her new role,…
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6 DecemberClothing & Shoes
Quiz appoints advisors amid disappointing November sales
Quiz has appointed advisors to review its financing and strategic options after it reported a 5.7% decline in revenues to £24.9m for the four-month period from 1 August to 30 November 2024. It warned that given the disappointing level of revenues during the key trading month of November the cash…
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4 DecemberAdvice
Tradition meets innovation: Sam Walker’s vision for Walker & Ling
Sam Walker, owner and manager of Walker & Ling, stands at the helm of a business steeped in history yet firmly focused on the future. As the fifth-generation leader of this independent, family-run department store, Walker carries forward a legacy that dates back to 1892, all while navigating the rapidly…
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3 DecemberClothing & Shoes
Boohoo repays £50m of £97m loan following fundraising drive
Boohoo has partially repaid its £97m term loan following the conclusion of a recent refinancing drive, as the group continues a turnaround plan after losses tripled in its half-year results. Its board confirmed it has notified lenders of the repayment of £50m of the £97m term loan, with the repayment set…
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2 DecemberDIY
Topps Tiles defends strategy after major shareholder criticism
Topps Tiles has defended its performance and strategy following criticism from a major shareholder, who accused the tile retailer of showing a “complete failure” after sales and profits fell in its full-year results.According to The Times, Topps Tiles’ largest shareholder, Austrian investor MS Galleon, is calling for an overhaul of…
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