One of London retail’s key representatives is returning to Australia with news that New West End Company CEO Jace Tyrrell is to step down after six years at the helm of the central London Business Improvement District.
Despite revenues increasing 39.5%, Adolfo Domínguez recorded losses of €9.3 million in fiscal year 2021-2022. The Spanish brand also announced the appointment of Antonio Puente, general manager, as CEO.
The head of marketing, who was in charge of renewing and positioning the brand with a revamped image, presented in 2019, will leave Desigual after three years. The company has not yet chosen a successor.
Digital sustainable fashion brand Celtic & Co has appointed Katy Burnett as its new head of product and buying. She joins from Coast where she senior buyer for occasionwear, tailoring, footwear and accessories.
Digital fashion retailer Sosandar has appointed former Superdry exec Jon Wragg an independent non-executive director. He joins “with a track record of driving growth in consumer businesses through digital channels”.
As ‘golden hellos’ go, this is impressive. Michael Murray, the incoming CEO of Frasers Group has been awarded a near-£21 million consultancy fee as he prepares to take over from founder Mike Ashley on 1 May.
Stuart La Brooy (ex Diageo) has been appointed vice-president in charge of marketing strategy, customer satisfaction and loyalty for LVMH-owned perfumery chain Sephora’s South-East Asia and Oceania region.
T. Rowe Price Associates, one of the biggest investors in Kohl's Corp, said it plans to back all of the department store's directors, dealing a setback to Macellum Advisors as it tries to take control of the board.
Earth Day was on Friday and to celebrate, Amy Powney, creative director of the Mother of Pearl fashion brand and champion of sustainable, ethical fashion, has become an ambassador for sustainable fibre brand Tencel.