×
1 278
Fashion Jobs
ESTÉE LAUDER
Tom Ford - Business Manager - Selfridges, Birmingham - 37.5 Hours - Full Time, Permanent
Permanent · Birmingham
ESTÉE LAUDER
Marketing Executive, Tom Ford Beauty, Kilian, Darphin And le Labo - Travel Retail Emea (Based London)
Permanent · London
ESTÉE LAUDER
Corporate Account Executive, Lagardere, Dfs, Inflight And Aquatic - Travel Retail Emea (Based London)
Permanent · London
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
Published
Jan 31, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Laura Ashley CEO to step down, Poulter to take over

Published
Jan 31, 2020

Laura Ashley shares fell as much as 8.7% on Friday after the company said Katharine Poulter is becoming its new CEO, replacing Kwan Cheong Ng, who is retiring. The change is effective on 1 May.


Laura Ashley


Kwan Cheong Ng will remain on the board as a non-executive director. His long-standing career at Laura Ashley has not been without its setbacks, resigning as CEO in 2003 after a set of weak results, to return in the same capacity in 2012. 

Under his leadership, Laura Ashley has undergone periods of progress but also distress. Controlled by the MUI Group of Malaysia, the brand, once beloved for its floral dresses and prints, reported a £14m loss last year.

Katharine Poulter, the new CEO, is being promoted from her current role as chief operating officer. She has 25 years of retail experience with companies including Marks & Spencer, Home Retail Group, Kingfisher, Tesco and Wilko.

Her new role will not be a walk in the park, as Poulter will have to contend with the company’s declining reputation and falling share price. The stock has fallen by 16.3% over the past 12 months, and nearly 99% since its peak in 1996. That said, its smaller fashion ops have been a stronger performer than its interiors business in recent periods.

Shares in the company were trading a 2p on Friday morning.

Copyright © 2022 FashionNetwork.com All rights reserved.