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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Nov- 2024 -18 NovemberNews-In-Brief
Today’s news in brief-18/11/24
Sephora is poised for an ambitious UK expansion, planning 20 new stores by 2027, doubling its physical footprint. CEO Guillaume Motte attributes renewed confidence in the UK market to an improved competitive landscape. The brand, which re-entered the UK in 2022 after a 17-year absence, currently operates six stores, with…
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18 NovemberPeople Moves
Frasers lines up former FRC boss as chair
Frasers is reportedly lining up former Financial Reporting Council (FRC) boss Sir Jon Thompson to replace David Daly as its chairman sometime next year, according to Sky News. The outlet reported that while the move has yet to be officially announced, its sources believe it is more than likely to…
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18 NovemberClothing & Shoes
Boohoo faces criticism after reviving ties with controversial supplier
Boohoo is reportedly facing growing criticism after reinstating a supplier it had previously cut ties with amid a modern slavery scandal. According to an investigation from The Telegraph, the Leicester-based GN Euro is again supplying womenswear to the online retailer, despite being struck off in 2021, after Boohoo was hit…
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15 NovemberLuxury Goods
LVMH unveils new leadership team appointments
LVMH chairman and chief executive officer Bernard Arnault has made a raft of appointments to the group’s leadership team after consulting with the Sustainability and Governance Committee of the board of directors. Maud Alvarez-Pereyre will be appointed executive vice president Human Resources of the LVMH Group and become a member…
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11 NovemberClothing & Shoes
Boohoo excludes Frasers from shareholder meetings amid ongoing row
Boohoo is reportedly set to meet its shareholders this week, but is excluding a meeting with majority shareholder Frasers Group amid an ongoing row between the two companies over its governance.According to The Times, newly-appointed CEO of Boohoo, Dan Finley, is understood to be meeting some of the company’s biggest…
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8 NovemberAdvice
Valerie: The liquid supplement startup for perimenopausal women
Having launched in September, Valerie is set to revolutionize the way women approach health during the stages of menopause. Olly Johnson, co-founder, draws from both a career in health-focused retail and a deeply personal motivation for this venture. “Valerie exists to empower women and to take back control of their…
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8 NovemberClothing & Shoes
Boohoo accuses Frasers of ‘commercial self-interest’ as row continues
Boohoo has raised “concerns” over Frasers’ behaviour in a new open letter to the Mike Ashley-owned company, as a row over Frasers’ own involvement in Boohoo continues, with the retailer now accusing Frasers of “commercial self-interest”. Its latest response comes as Frasers sought stronger involvement in Boohoo’s strategic review, with…
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7 NovemberSupermarkets
Asda to cut 475 head office roles and reduce hybrid working
Asda has confirmed that it is set to cut 475 jobs from its head offices in Leeds and Leicestershire, whilst also ordering staff back to the office as part of a turnaround plan for the group. The supermarket is set to reduce hybrid working for office staff, mandating that employees…
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4 NovemberClothing & Shoes
Mike Ashley dubs Boohoo ‘desperate’ after CEO snub
Mike Ashley has called Boohoo’s decision to appoint a CEO from within “desperate”, after the fast-fashion retailer rejected Frasers’ demands to appoint Ashley as leader of the group.Following the internal promotion of Debenhams CEO Dan Finley to lead Boohoo, Ashley told the Sunday Times: “Independent shareholders be warned, desperate people…
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1 NovemberNews-In-Brief
Today’s news in brief-1/11/24
Boohoo has appointed Debenhams CEO Dan Finley as its new chief executive, rejecting calls from Frasers Group owner Mike Ashley to assume the role. Finley, who has led Debenhams for two years and previously spent a decade at JD Sports, is praised by Boohoo’s board for his digital retail expertise…
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