Pentland has named Kev McFadyen as the new global brand director for its Speedo label. He joined the firm two years ago as the brand director for Berghaus, and also has 20+ years of experience with other major brands.
The Canadian parka specialist has been extending its range ever since its 2017 stock market listing. It is now set to enter the footwear market, having hired Adam Meek, formerly global senior VP of product at Sperry.
Vincent Wauters is out as CEO after a four-year stint leading the premium footwear brand. Paolo Porta will assume his responsibilities on an interim basis and Andrew Lawley has been appointed as executive chairman.
Celebrity favourite Hunter Boots has clinched a rescue following a sales plunge due to the coronavirus crisis. A further £16.5m is being pumped into the firm to keep it going and growing through the crisis and beyond.
The owners of fashion businesses like River Island, The Edinburgh Woollen Mill Group, Arcadia, Charles Tyrwhitt, New Look and Monsoon Accessorize have all seen their estimated personal wealth fall over the past year.