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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Jun- 2022 -22 JuneHigh Street
JD Sports profits double to £947m in FY22
JD Sports has recorded a “record” pre-tax profit of £947.2m in FY22, more than double the previous record set in the year to 1 February 2020. The group reported a strong performance from sports fashion retail in the UK and Republic of Ireland in particular, with profits in this area…
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21 JunePeople Moves
The Midcounties Co-operative appoints new CFO
The Midcounties Co-operative has announced the appointment of Peter Kelly as its new chief financial officer (CFO), replacing Peter Dubois who has stepped down after 26 years with the society. Kelly will also take on executive responsibility for IT within The Midcounties. Previously, he served as head of finance, having…
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21 JunePeople Moves
Bensons for Beds appoints new CEO
Bensons for Beds has announced that its current chief commercial and digital officer, Nick Collard, will take over as CEO with immediate effect to “lead the company as it prepares for further growth”. Collard joined the company in July 2021 after holding board roles at Holland & Barrett International, DFS…
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20 JuneHigh Street
Pets at Home commences £50m share buyback programme
The Pets at Home Group plc has announced the commencement of a £50m share buyback programme, following the commitment made in its latest trading update for the year ended 31 March 2022. The programme will be undertaken in two tranches, with the company announcing in the first tranche that it…
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20 JuneEconomy
Deliveroo appoints new chief financial officer
Deliveroo has announced that it has appointed Scilla Grimble as its new chief financial officer. Grimble, who is currently chief financial officer at MoneySupermarket.com Group plc, is expected to commence her appointment by no later than June 2023. She was previously interim chief financial officer at Marks and Spencer where…
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17 JuneEconomy
N Brown reports 2.1% fall in first quarter sales
N Brown has revealed its sales dropped 2.1% to £165.1m during the first quarter of the year. In the 13 weeks to 28 May 2022, N Brown experienced a 7.2% drop in sales (£31.1m) among its heritage brands, while its strategic brands, JD Williams, Jacamo and Simply Be, experienced a…
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16 JuneSupermarkets
M&S appoints non-executive director
Marks and Spencer Group has announced today (16 June) that Ronan Dunne will join the board as a non-executive director effective from 1 August 2022. Dunne is the former CEO of Verizon Consumer Group, and was previously chief financial officer of Telefónica UK (O2) before becoming CEO. He is currently…
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16 JuneHealth & Beauty
THG rejects ‘undervalued’ takeover approaches
THG has announced it has rejected all unsolicited proposals for the company deeming them to be “unacceptable” and to “significantly undervalued the company”. In a statement released this morning ( 16 June) it said that as confirmed in the company’s preliminary FY 2021 results on 21 April 2022, THG has…
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15 JunePeople Moves
Swarovski appoints first non-family CEO
Swarovski has named Alexis Nasard as the company’s first external chief executive officer (CEO), effective on 4 July. This marks a further step in the jewellers transition from a family-managed to a family-owned business. Nasard is the first leader from outside the Swarovski family to hold this role in the…
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10 JuneHealth & Beauty
THG to gift shares to 500 staff
Online beauty retailer THG has announced it is to gift shares to 500 of its employees. The Manchester-based firm said it will reward the selected members of staff below executive level subject to “achievement of various targets”. THG said an application has been made to the Financial Conduct Authority (FCA)…
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