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.
-
Jun- 2023 -23 JuneHealth & Beauty
Revolution Beauty sales jump 60% in Q1
Revolution Beauty saw a 60% increase in sales within the first three months of FY23, as gross margins were 48.2% in the period compared with 41.7% in the same period last year.ย Meanwhile, the groupโs EBITDA remained at a constant currency level of ยฃ3.5m. Bob Holt, CEO of Revolution Beauty,…
Read More » -
22 JuneHealth & Beauty
Former THG boss joins Boohooโs boardroom coup at Revolution Beautyย
Boohoo has furthered its attempted boardroom coup at Revolution Beauty with the announcement that former THG boss, Rachel Horsefield, will now be part of a future independent board appointment process.ย Horsefield most recently worked as the CEO of Beauty at THG, and according to Boohoo, will bring significant e-commerce and…
Read More » -
21 JuneHealth & Beauty
THG expects increased H1 profits following strong Q2
THG has welcomed a โstrongโ second quarter of trading that is set to increase its first half profitability, with adjusted EBITDA for the half-year now expected to be between ยฃ44m and ยฃ47m, compared with ยฃ32.3m in the same period last year.ย As a result, the groupโs guidance for the financial…
Read More » -
21 JuneOnline & Digital
Alibaba CEO steps down to lead brandโs cloud business
Alibaba chief executive and chairman Daniel Zhang has announced that he will be stepping down from his role to lead the companyโs computing service arm. Following this transition, Zhang will continue to lead Alibaba Cloud Intelligence Group as its chairman and chief executive officer. Zhang has been with the firm…
Read More » -
19 JuneNews
Boohoo plans for boardroom coup at Revolution Beauty
Boohoo has announced that it has notified the board of Revolution Beauty of its intention to vote against the reappointment of Bob Holt, Derek Zissman, and Elizabeth Lake at the upcoming AGM which has been convened for 27 June 2023. Boohoo, which is the beneficial owner of approximately 26.6% of…
Read More » -
19 JuneElectrical
MusicMagpie earnings in line with expectations in H1
MusicMagpie has revealed that first half EBITDA increased 7.7%, a figure that is in line with board expectations, for the unaudited period ended 31 May.ย The news comes after a โchallengingโ start to the year, with postal strikes and low consumer confidence impacting December and January sales.ย However, the groupโs…
Read More » -
16 JuneElectrical
Currys commences strategic review of Greek arm
Currys has announced that it is commencing a strategic review of its Greek business, Kotsovolos, which could lead to a sale of the operations.ย This comes as the board is of the opinion that the strength of the Kotsovolos brand, its long-term track record of profitability and market position are…
Read More » -
14 JuneNews
UK retailers need to do more for diversity and inclusion, BRC says
UK retailers must put more strategies in place regarding diversity and inclusion among their top executives, the BRC reported.ย According to a new BRC report, 93% of retailers have implemented a strategy to improve diversity and inclusion across their business, while many have expanded these plans in order to focus…
Read More » -
12 JuneAnalysis
Can the John Lewis Partnership reach its goals?
Last week the chair of the John Lewis Partnership Sharon White made a commitment to return the company to profitability by 2026 in a speech to the Employee Ownership Association. This promise comes just three years after White started a five year plan at the company which amongst other things…
Read More » -
9 JuneHigh Street
Mothercare CEO steps down after five months
Mothercare CEO Daniel Le Vesconte has stepped down from his role with immediate effect after only five months. Vesconte joined Mothercare from Abercrombie and Fitch in January after having roles at Airwair International, owner of Dr Martens and Vans. He was the first CEO of Mothercare since 2020 after covid…
Read More »
