×
6 757
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Stratford (Westfield)
Permanent · London
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, White City London (Westfield)
Permanent · London
SELFRIDGES
Finance Analyst- Domain
Permanent · LONDON
SELFRIDGES
Finance Manager – Domains
Permanent · LONDON
SELFRIDGES
Tech Business Analyst - Customer & Omni
Permanent · LONDON
NEXT
Sales Manager - Coventry Arena RP
Permanent · COVENTRY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · SELBY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · EPSOM
EVERLAST GYMS
General Assistant - Everlast Gyms
Permanent · SALE
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · DENTON
FRASERS GROUP
Warehouse Section Manager - Night Shift
Permanent · SHIREBROOK
VIVIENNE WESTWOOD
PA to Creative Director
Permanent · LONDON
DR. MARTENS
eu HR Administrator - French And/or German Speaking
Permanent · LONDON
HARRODS
Cleaning Operative- Day or Night
Permanent · LONDON
HARRODS
Uniform Security Officer (Cctv Operator)
Permanent · LONDON
FLANNELS
Beauty Brand Manager - Pat Mcgarth
Permanent · BELFAST
HUGO BOSS UK LTD.
Sales Executive - Shoes & Accessories + Bodywear & Hosiery
Permanent ·
HUGO BOSS UK LTD.
Womenswear Sales Manager
Permanent ·
HUGO BOSS UK LTD.
Ecommerce Marketplace Manager Northern Hub
Permanent ·
HUGO BOSS UK LTD.
Finance Manager (Maternity Contract)
Permanent ·
HUGO BOSS UK LTD.
Sales Executive Boss Menswear
Permanent ·
GANT
Brand Consultant - Full Time - Gant House of Fraser Manchester - mw/lw
Permanent · MANCHESTER
Ads
Published
Sep 26, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Nigel Oddy is new interim CEO of up-for-sale Matalan

Published
Sep 26, 2022

Matalan has named former New Look chief executive Nigel Oddy as its interim CEO as the company’s process to sell itself begins.


Matalan



Oddy will start in early October, just a few months after leaving his role at New Look, and has a big job on his plate as he leads a company that’s facing intense competition and a spending slowdown.

Matalan said his focus will be the delivery of its existing growth strategy; driving performance in the core business; building and developing its omnichannel capabilities further; unlocking and delivering new growth opportunities; and repositioning the brand.

But after helping to turn around New Look, he’s clearly used to tough tasks such as those. 

Matalan put itself up for sale as part of its need to cut debt and strengthen its finances and founder John Hargreaves is a likely bidder. He returned as chairman in July but will step down from that role to take part in the bidding process. Tim Isaacs, senior non-executive director, will become interim chairman in his place.

Having set up the business nearly 40 years ago, Hargreaves said he’ll be “instrumental in positioning the business for long-term success”.

The company also said it has reached agreement with the majority of its first lien secured noteholders on key terms of a “comprehensive recapitalisation”. This could see £200 million made available. Also, £350 million more in first lien secured notes due to mature in January should be extended by six months.

The retailer that’s based in Liverpool employs 11,000 people in 230 UK stores.

Copyright © 2022 FashionNetwork.com All rights reserved.