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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Jan- 2024 -2 JanuaryNews
Babbico appoints former Mothercare head as new CEO
Baby clothing retailer Babbico has appointed former CEO of Mothercare, Dan Le Vesconte, as CEO, with effect from 1 January 2024. Le Vesconte stepped down from his previous role as CEO of Mothercare in June 2023. Prior to Mothercare, Le Vesconte held senior roles at Abercrombie & Fitch as GVP…
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Dec- 2023 -22 DecemberDIY
ScS shareholders approve £99m Poltronesofà deal
ScS has announced that its shareholders have voted in favour of the group’s £99m takeover by Italian firm, Poltronesofà. At a general meeting this week, shareholders approved all resolutions regarding the deal, allowing the move to proceed. In October, ScS and Cerezzola Limited, a newly incorporated wholly-owned subsidiary of Poltronesofà,…
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20 DecemberPeople Moves
Direct Selling Association appoints new board chair
The UK trade body for direct-to-consumer retail, the Direct Selling Association (DSA), has announced the appointment of Ayo Olaseinde as the new chairman of the board. Olaseinde, who joined the DSA board earlier this year, takes on the chair role alongside his position as president at Saladmaster, the US-based international…
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20 DecemberOnline & Digital
Alibaba chief to head e-commerce arm
Alibaba Group has announced that chief executive Eddie Wu will now serve as chief executive of the group’s ecommerce arm, Taobao and Tmall Group. He is currently chairman of Taobao and Tmall Group, and will take on the role of CEO with effect from today (20 December, 2023). In addition,…
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19 DecemberHealth & Beauty
Revolution Beauty appoints North American chief
Revolution Beauty has announced the appointment of Erin Cast as president of North America. Based in New York, she will build upon the group’s foundations in the US and Canadian markets. Cast brings over 25 years of experience across sales, marketing, general management and board roles in beauty, food &…
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18 DecemberNews
Today’s news in brief-18/12/23
Farfetch is reportedly in advanced talks with a private equity-backed buyer for a last-minute rescue deal. The deal, if successful, would involve taking Farfetch off the stock market in a take-private transaction and would result in the company receiving $500m (£394m) in emergency funding. Talks are ongoing, and while Farfetch…
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18 DecemberNews
Adidas appoints new head of global HR
Adidas has appointed Michelle Robertson as executive board member, responsible for global human resources, people and culture, effective from 1 January. Robertson, a British national, has been with adidas and previously Reebok in different HR roles for more than 18 years. Since July 2023 she has already been leading global…
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15 DecemberNews
Today’s news in brief-15/12/23
Amazon has emerged victorious in a £215m tax dispute with the EU Commission. The European Court of Justice dismissed the Commission’s claims that Amazon had entered into a deal with Luxembourg allowing it to avoid 75% of its EU tax. The court ruled that the Commission failed to prove that…
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15 DecemberNews
Sosandar appoints new non-exec chairman
Sosandar has announced the appointment of Nick Mustoe as non-executive chairman. Mustoe has been interim non-executive chairman since 16 March 2023. In addition, the company has announced that Jon Wragg, independent non-executive director, has notified the board of his intention to step down in order to focus on other commitments,…
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14 DecemberElectrical
MusicMagpie revenues bolstered by Black Friday
MusicMagpie expects its full-year revenues to reach £136.6m, slightly down from £143.3m in the year prior, despite a “record” Black Friday period which has helped off-set a softer H1. However, the retailer maintained that consumer technology revenues for the second half increased 7.5% over the same period in 2022, and…
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