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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Apr- 2022 -29 AprilPeople Moves
New West End Company CEO to step down
New West End Company CEO Jace Tyrrell is set to step down from his role this October, after six years at the head of the group, as he returns to his native Australia to lead its first Business Improvement District – The New Sydney Waterfront Company. According to the group,…
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27 AprilClothing & Shoes
Ted Baker receives ‘number of bids’ as sales process continues
The board of Ted Baker PLC has announced it has received a number of non-binding proposals from potentially interested parties. In the next step in the formal sale process, Ted Baker is inviting a “focused selection” of such parties to enter into a due diligence process. As such, the company…
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25 AprilClothing & Shoes
JD Sports tipped as potential Missguided suitor
JD Sports has reportedly been tipped as a potential suitor to acquire online retailer Missguided after it appointed advisors to seek a buyer last week. According to This is Money, while muted to be at “a very early stage”, bosses at the sportswear retailer are said to be discussing a…
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25 AprilNews
McColl’s sees softer trading period amid cost-of-living crisis
McColl’s has experienced “softer trading” through the Easter period, impacted by reduced consumer spending and continued supply chain disruption across the industry. The board said it now expects adjusted EBITDA for the current financial year (FY22) to be “no higher” than the level achieved in FY21 (£20m on a pre…
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22 AprilDIY
B&M CEO to step down after 17 years
B&M has announced that Simon Arora, the chief executive officer (CEO) and director of the company, will retire from his role after over 17 years leading the business. Arora will exit in 12 months’ time, and B&M said that over the coming year, he will remain “fully committed” to the…
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21 AprilOnline & Digital
THG rebuffs ‘unacceptable’ takeover proposals as revenues hit £2.2bn
The Hut Group (THG) has recorded “record” revenue growth of 38.1% year-on-year from £1.6bn to £2.2bn in the full year ended 31 December 2021 (FY21), driven by organic growth in all divisions and supplemented by the contribution from acquired businesses. According to its latest trading update, The Hut Group has…
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21 AprilHigh Street
Card Factory agrees on revised £150m refinancing
Card Factory has confirmed it has completed a £150m refinancing of the group, as it continues to take action to reduce its £79m debt. The financing includes a £100m revolving credit facility (RCF), which is available until September 2025; a £11.25m term loan facility; a £18.75m term loan facility, to…
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20 AprilNews
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear retailer appointed Teneo, an advisory firm, to explore “strategic options” for its future. However, Passi will remain on Missguided’s holding company board to represent his family’s ongoing stake in the…
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19 AprilClothing & Shoes
Sosandar appoints independent non-executive director
Sosandar, the online women’s fashion brand, has announced the appointment of Jon Wragg as an independent non-executive director with immediate effect. Wragg is a senior executive with experience in driving growth in consumer businesses through digital channels. He has worked with global brands across different product categories, with experience in…
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14 AprilPeople Moves
Superdrug unveils major leadership reshuffle
High street retailer Superdrug has announced several new leadership moves as part of an executive board reshuffle which sees its female board presence bolstered. Simon Comins, previously commercial director, will move to chief commercial officer, as he marks 35 years with the business, starting in 1987 on the Superdrug shop…
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