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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Mar- 2022 -18 MarchClothing & Shoes
Sycamore Partners eyes Ted Baker takeover bid
American private equity firm Sycamore Partners is reportedly considering a takeover bid for Ted Baker, according to Sky News. The outlet reports that Sycamore has appointed advisers Numis to help it evaluate a potential offer, with one source cited claiming it was considering approaching the board of the british fashion…
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11 MarchPeople Moves
M&S appoints new leadership team amid transformation
Marks and Spencer (M&S) has revealed a series of new appointments to โaccelerateโ progress in its transformation following the announcement yesterday that Steve Rowe is standing down as chief executive officer on 25 May. As part of the planned succession process, Stuart Machin will become chief executive and will take…
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10 MarchNews
Steve Rowe to step down as M&S CEO
Marks and Spencer (M&S) has revealed that Steve Rowe will stand down as chief executive officer (CEO) as part of a planned succession programme after six years in the role, effective 25 May. Rowe will also cease full-time employment with the business on 5 July, although he has agreed to…
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9 MarchNews
The Direct Selling Association appoints four new board members
The Direct Selling Association, the UK trade body for direct-to-consumer retail, has appointed four retail industry leaders to its board of directors. The new board members join representatives from brands including Avon, The Body Shop, and Usborne Books at Home, to serve as an advisory panel for the Direct Selling…
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8 MarchNews
Made.com names new CEO as losses widen
Made.com has confirmed Nicola Thompson, Interim CEO, will take on the role of permanent CEO as it also revealed its losses widened from ยฃ14.6m in 2020 to ยฃ31.4m in 2021, according to its preliminary results for the 12 months to 31 December 2021. The retailer said it had a โstrongโ…
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4 MarchNews
Adidas names Alasdhair Willis as new chief creative officer
Adidas has appointed Alasdhair Willis to chief creative officer. Willis will begin his contract at the beginning of April, reporting to executive board member of global brands, Brian Grevy. Willis will be responsible for โshaping, defining, and shepherdingโ the creative direction for the global brand and its three major labels…
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3 MarchClothing & Shoes
Victoriaโs Secret lowers FY22 forecast despite 25% sales surge
Victoriaโs Secret and Co. has lowered its Q1 FY22 operating income forecast to be in the range of $80m (ยฃ59.78m) to $110m (ยฃ82.19m), compared to $225.7m (ยฃ168.65m) in 2021, amid supply chain cost pressures and anniversarying last yearโs federal stimulus benefits. Overall, its operating income increased to $869.5m (ยฃ649.73m) in…
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1 MarchNews
Hugo Boss restructures creative leadership team
Hugo Boss has announced a series of changes to its creative leadership team. Ingo Wilts, chief brand officer of Hugo Boss AG, will step down from the executive board for โpersonal reasonsโ, effective 28 February. The firm said Wilts will continue to be involved in the company’s collection-related projects until…
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Feb- 2022 -28 FebruaryNews
JD names Kath Smith as new senior independent director
JD Sports Fashion Plc, retailer of sports, fashion and outdoor brands, has announced that Kath Smith has been appointed as the senior independent director and chair of the nominations committee. Smith joined the board in May 2019 bringing โsubstantialโ experience of working with world leading brands, particularly those in the…
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28 FebruarySupermarkets
McCollโs confirms talks with banks as it fights insolvency
McCollโs Retail Group plc is reportedly trying to secure new funding to prevent its collapse, with millions of pounds of its bank debt being sold to hedge funds, according to Sky News. The outlet said McColl’s is working with advisers on attempts to find a buyer or third parties willing…
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