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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Jul- 2023 -28 JulyNews
Kering acquires 30% stake in Valentino
Luxury fashion house Kering has entered into a binding agreement for the acquisition of a 30% shareholding in Valentino, for a cash consideration of €1.7bn (£1.4bn). The agreement comprises an option for Kering to acquire 100% of the share capital of Valentino no later than 2028. The transaction is part…
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28 JulyClothing & Shoes
Gap appoints new CEO
Apparel company Gap Inc. has announced the appointment of Richard Dickson as the company’s president and chief executive officer, effective 22 August, 2023. Dickson will join Gap Inc. from his most recent role as president and chief operating officer of Mattel, where he was a lead architect in a global…
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27 JulyNews
Ocado Solutions CEO to step down in September
Ocado Group has today (27 July) announced that Luke Jensen has notified the board of his intention to retire and will step down as executive director and CEO of Ocado Solutions with effect from 30 September 2023 to focus on external non-executive director positions. Jensen has been CEO of Ocado…
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25 JulyNews
Dobbies appoints new CEO
Dobbies Garden Centres has announced the appointment of David Robinson as its new chief executive officer. Robinson joins the business from Pets at Home where he was chief operating officer, playing a key role in the business’ success story over the last four years. He has previously worked at Home…
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24 JulyHealth & Beauty
Revolution Beauty faces FCA probe over market abuse
Revolution Beauty has revealed that the Financial Conduct Authority (FCA) has launched an investigation into the retailer over potential breaches of market abuse regulation. The investigation will examine potential breaches that occurred between July 2021 and September 2022. Revolution Beauty said in a statement: “The Financial Conduct Authority has today…
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20 JulyNews
Company Shop Group bolsters senior team
Company Shop Group, the UK’s leading redistributor of surplus stock, has recently bolstered its senior team with the appointment of Adam King, previously community director at Samworth Brothers, and former Morrisons’ head of finance (retail), Sinead Healey. Joining the group as marketing director, King brings with him over 15 years…
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19 JulyPeople Moves
Gucci CEO Marco Bizzarri to step down
Marco Bizzarri, president and CEO of Gucci since 2015 and a member of Kering’s executive committee since 2012, is set to stand down from his position, effective 23 September 2023. It comes as Kering, which owns the Gucci brand, announced a series of appointments aimed at strengthening the organisation. Jean-François…
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18 JulyHealth & Beauty
Revolution Beauty CEO and chair step down amid Boohoo settlement deal
Boohoo and Revolution Beauty have brought an end to their ongoing feud with the signing of a settlement agreement that will see major board changes at the beauty retailer. As part of the agreement, CEO Bob Holt OBE and chairman Derek Zissman agreed to resign from Revolution’s board, although Holt…
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17 JulyClothing & Shoes
Hotter Shoes owner confirms intention to appoint administrators
Hotter Shoes owner, the Unbound Group, has confirmed its intention to appoint administrators to its main subsidiary after it was unable to raise £2m to support a restructuring plan. In an announcement, the group said it has concluded that it is required to take the “necessary steps” to preserve value…
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13 JulyOnline & Digital
MusicMagpie sees EBITDA rise 7.7% in H1
MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to its interim results for the six months ended 31 May 2023. It also stated that following a challenging start to H1, with postal strikes and low consumer confidence impacting December…
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