ESG

Two major shopping centres secure net zero status

Two retail destinations, Quayside MediaCity in Salford and Gloucester Quays, have become the first shopping centres in the UK to achieve net zero carbon status in line with UK Green Building Council’s (UKGBC) framework. The Peel L&P properties were verified against the UKGBC’s net zero carbon framework based on their…

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Mamas & Papas appoints new CEO ahead of global expansion

Mamas and Papas, the high street nursery brand, has announced chief operating officer Nathan Williams as its new CEO to lead the company’s next phase of growth, which it said would include expansion into new and existing international markets. Current CEO Mark Saunders, who joined the business three years ago…

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Greenwashing vs ‘Greenhushing’ – how can businesses get it right?

Greenwashing has become a popular buzzword to describe how companies potentially mislead consumers through advertising and messaging by making environmental claims about products or services that do not stand up to scrutiny. The latest casualty to face allegations of greenwashing is clothing retailer H&M, who in the US are being…

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Pets at Home appoints former Asda CEO to its board

Pet retailer Pets at Home has announced the appointment of former Asda CEO Roger Burnley CBE as an independent non-executive director. The appointment will come into effect 14 February 2023 and Burnley will be a member of the audit and risk committee, remuneration committee, nomination and corporate governance committee and…

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Mamas & Papas revenues jump 17% in H1

Mamas and Papas has reported that its revenues grew 17% in the six months to September, with the group’s continued expansion of its UK retail space driving “strong” sales growth despite a challenging environment for consumers. The group posted sales of £126m in its last full financial year ended 27…

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Asda targets 30% female store managers by 2025

Asda has announced a new diversity target of increasing the proportion of female general store managers to 30% by 2025, as part of its second Environmental, Social and Governance (ESG) report. The report, which provides an annual update on the supermarket’s progress on the key issues which matter to its…

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Boohoo appoints new CFO

Boohoo has announced the appointment of Shaun McCabe as the brand’s new Chief Financial Officer (CFO). McCabe will succeed Neil Catto whose role will reportedly transition to executive director as he remains on the group board.  McCabe is expected to take up his new role later this year. Catto will…

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Cheshire Oaks and Swindon designer outlets sold for £600m

LaSalle Investment Management, the global real estate investment manager, has acquired McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon for a total sum of £600m from Nuveen Real Estate. The investment was made through LaSalle’s growing Value-Add Investments business line. However, the assets will continue to be managed…

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Watches of Switzerland unveils leadership shakeup

The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive director and a member of the company’s ESG Committee, effective from 1 May 2022. Prior to her new role, Nouri was president and chief executive officer (CEO) of Piaget, with…

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Foot Locker appoints first global brands president

Foot Locker has announced the appointment of Samantha Lomow as its first global brands president, effective 18 March 2022. Lomow joins Foot Locker from Hasbro where she served as branded entertainment president, bringing over 25 years of global brand innovation, strategy, and business transformation experience across consumer products, entertainment, and…

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