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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Feb- 2024 -19 FebruaryNews
Joe Browns appoints new CEO
Joe Browns, the fashion and homes retailer, has announced that Dawn Bannerman has joined as chief executive officer with immediate effect. Bannerman joins from laredoute.co.uk, where she held the position of chief commercial officer and prior to that, chief marketing officer for the UK subsidiary of the French business La…
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19 FebruaryElectrical
Currys rejects takeover offer from Waterstones owner
Currys has confirmed it has received and rejected an “unsolicited, preliminary and conditional” proposal from Waterstones owner Elliott. The rejection of said possible cash offer comes as Currys’ board and financial advisers believe the proposal “significantly undervalued the company and its future prospects”. Elliott had offered 62p per share, while…
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16 FebruaryNews
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in December. This surge, the largest since April 2021, comes amidst continued inflation, with prices increasing by 4% in January. Despite the rise in prices, consumer spending increased by 3.9%, indicating…
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16 FebruaryPeople Moves
John Lewis bolsters board and audit committee
John Lewis Partnership has announced the appointment of Clare Swindell to its board of directors and Jane Hanson CBE as an independent external member of the audit and risk committee. Swindell was most recently the co-chief executive for National Lottery operator Camelot, while Hanson has over 30 years of experience…
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15 FebruaryNews
Today’s news in brief-15/2/24
The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This marks the first recession since the onset of the Covid-19 pandemic. The decline in GDP was larger than expected, with key sectors like manufacturing, construction, and wholesale experiencing significant downturns.…
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15 FebruaryNews
VF Corporation appoints new board director
VF Corporation has announced the appointment of Caroline Brown to the company’s board of directors, effective from 14 February. Brown is an accomplished executive, director, investor and advisor with more than 30 years of experience at global companies in the apparel and fashion sector. From 2019 to 2023, she was…
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14 FebruaryNews
The Works appoints two non-exec directors
The Works has announced the appointment of John Goold and Mark Kirkland as non-independent non-executive directors effective immediately. Goold is chief executive officer and Kirkland is chief financial officer at Kelso Group Holdings plc, an investment company that seeks to identify, engage and unlock trapped value in the UK stock…
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13 FebruaryPeople Moves
Matalan appoints new CFO
Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate to the full CFO role and a position on the retailer’s board. The announcement comes as the latest CFO Stephen Hill has decided to “step down and pursue his next…
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8 FebruaryClothing & Shoes
VF Corporation CFO steps down as group revenues drop to $2.96bn
VF Corporation, owner of Vans, The North Face and Timberland brands, has reported a 16% year-on-year decline in revenues to $2.96bn (£2.34bn) for the 12 weeks ended 30 December 2023 and has announced the exit of CFO Matt Puckett after almost nine years. Puckett will stay on until the group…
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6 FebruaryLuxury Goods
Naked Wines appoints new CEO
Naked Wines has appointed Rodrigo Maza as its new chief executive officer designate. Maza has been the group’s UK managing director since September 2023, and will now work alongside chairman Rowan Gormley over the next few months to “ensure a successful transition”. After this, he will assume the group CEO…
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