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- 2024 -26 SeptemberHealth & Beauty
Laurent Marteau steps down as L’Occitane CEO
Premium beauty and wellness brand The L’Occitane Group has announced that Laurent Marteau has stepped down from his roles as chief executive officer and a member of the board. The brand said Marteau’s resignation reflects his desire to focus more on his personal pursuits as well as other business interests.…
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25 SeptemberDIY
DFS swings to £1.7m loss amid Red Sea stock delays
DFS has reported a loss before tax of £1.7m for the year ended 30 June due to “record” low market demand and Red Sea shipping disruption deferring sales and profits to future periods. By June 2024, adjusted profit before tax stood at £10.5m, having fallen £20.1m year-on-year to below DFS’…
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23 SeptemberPeople Moves
Seasalt Cornwall appoints new CFO
Seasalt Cornwall has announced the appointment of Louise Couch to the role of chief financial officer, reporting directly to CEO Paul Hayes. Couch, who has gained industry experience from previously working for fast-paced consumer and tech businesses, will also join the executive board and will contribute to the clothing brand’s…
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20 SeptemberFeatures
Why has John Lewis brought back Never Knowingly Undersold?
The announcement of John Lewis’s half year results brought with it an unexpected announcement, the return of the company’s Never Knowingly Undersold motto. The company abandoned the slogan in February 2022 as it claimed it was struggling to compete with online retailers such as Amazon. Now, the Partnership claims that…
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20 SeptemberPeople Moves
Nike names Elliott Hill as CEO and president as Donahoe steps down
Nike has announced that Elliott Hill is set to become its new president and CEO, effective 14 October, 2024. Hill will also become a director and a member of the Executive Committee. The news comes as the sports retail giant revealed its board and current CEO and president John Donahoe…
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19 SeptemberHigh Street
Next acquires 16% stake in homeware brand Rockett St George
Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the partnership following the licensing agreement between the two brands. Rockett said the strategic decision represents a “pivotal moment” in the growth of their partnership and will see Next having a director on the Rockett St…
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19 SeptemberPeople Moves
Stuart Rose to lead Asda as Mohsin Issa steps back
Asda has announced that Mohsin Issa is set to step down from his executive responsibilities at the supermarket to focus on his previously-announced role as sole CEO of EG Group. Chair Stuart Rose will assume his responsibilities alongside Rob Hattrell, a partner at TDR Capital and a director on the…
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16 SeptemberNews
Today’s news in brief-16/9/24
The New West End Company (NWEC) has reported that the removal of tax-free shopping cost West End retailers £220m in unrealised sales during the first half of 2024. Despite a 3% increase in international tourists visiting London, their spending decreased by 12%. NWEC urges the government to reinstate the tax…
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16 SeptemberPeople Moves
JD Sports appoints Prama Bhatt as NED
JD Sports Fashion, global retailer of sports, fashion and outdoor brands, has announced that Prama Bhatt will join its board as a non-executive director (NED), with effect from 23 September 2024. Bhatt is set to also join the Nominations Committee and the Remuneration Committee and she will also join the…
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9 SeptemberClothing & Shoes
LVMH names Sarah Burton as Givenchy creative director
Givenchy has announced the appointment of Sarah Burton as creative director, with immediate effect. Burton will be responsible for the creative direction of all of the Maison’s Women’s and Men’s collections. Burton was born in Macclesfield and educated in Manchester, before studying Fashion at Central Saint Martins College of Art…
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