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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Aug- 2022 -18 AugustOnline & Digital
AO swings to ยฃ37m loss in FY amid rising costs
AO has fallen to a pre-tax loss of ยฃ37m in the full-year ended 31 March 2022, down from a profit of ยฃ20m the prior year, as the electrical retailer contended with rising costs and warned of โmore volatilityโ to come. Group EBITDA plummeted 87% to ยฃ8.5m over the period, attributed…
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17 AugustNews
Asos COO and CFO Mat Dunn to step down
Asos has revealed that its chief operating officer (COO) and chief financial officer (CFO), Mat Dunn, will step down from his roles as the company restructures its executive team. Having agreed a phased plan, Dunn will continue in his role and as a member of the board until at least…
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16 AugustFeatures
In conversation with the CIO of the โAmazon Prime of mattressesโ
How was Mattress Online started?ย Mattress Online was started back in 2003 by Steve Kelly, an industry expert in the mattress and bed industry, and Steve Adams, an entrepreneur in e-commerce. The starting point was bridging traditional retail with the next step, which was getting it online. Bear in mind,…
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16 AugustClothing & Shoes
Reebok owner acquires Ted Baker for ยฃ211m
Authentic Brands Group (ABG), the parent company of Reebok, has reached an agreement to acquire Ted Baker for approximately ยฃ211m, with Ted Baker shareholders being entitled to receiving 110p in cash for each Ted Baker share.ย It is reported that the cash consideration is final, Bidco, an ABG-owned entity, reserves…
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15 AugustNews
Joules names former John Lewis director as CEO
Joules has announced the appointment of Jonathon Brown as the groupโs new CEO following a thorough selection process, joining as CEO designate on 7 September and becoming CEO on 30 September. Most recently, Brown was CEO of Compare the Market, part of BGL Group, where he led the business through…
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12 AugustAdvice
Supply chain: How to avoid price rows in inflationary times
Managing price negotiations with key suppliers can be challenging at the best of times, but with inflation at a record high and a cost of living crisis affecting households across the country, there is an increased risk of disputes arising. By working collaboratively however, both sides of the negotiating table…
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12 AugustClothing & Shoes
Topshop founder Sir Ralph Halpbern dies aged 83
Sir Ralph Halpern, the founder of Topshop who was described as a driving force behind British retail in the 1970s and 1980s, has died at the age of 83. Halpern began his career as a trainee at Selfridges, and would later go on to become โone of the most high-profile…
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11 AugustEconomy
Retail leaders call on police to prioritise retail crime
Some 106 of the UKโs leading retail voices have reportedly written to Police and Crime Commissioners in England and Wales, calling on them to commit to โmaking retail crime a priorityโ in local policing strategies.ย The letters are said to express the retailersโ increasing concerns about the rising levels of…
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10 AugustEconomy
Deliveroo losses widen as Simon Wolfson steps down from board
Deliveroo has revealed its H1 pre-tax losses have widened to ยฃ147m from ยฃ95m the year prior and also confirmed that Next CEO Simon Wolfson has decided to step down from its board. The food delivery service saw revenue increase 12% to ยฃ1.01bn in 2022ย compared with ยฃ907m in 2021, additionally,…
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9 AugustAnalysis
How luxury brands are turning to young consumers to boost sales
Despite the cost-of-living crisis having a firm grip on consumers, it seems that luxury brands are finding ways to retain and attract young customers through refreshing their campaigns, diversifying their offering and leaning into sustainable initiatives. Hugo Boss kicked off 2022 with โsocial-firstโ campaigns, for example, that made use of…
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