×
516
Fashion Jobs
FOUR SEASONS RECRUITMENT
Ecommerce Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Sales Supervisor
Permanent · LONDON
TOO FACED
Too Faced Business Manager, Boots - Oxford
Permanent · OXFORD
TOO FACED
Too Faced Business Manager - Boots, Leeds Trinity
Permanent · LEEDS
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
360 RESOURCING
Account Manager
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Brompton Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
HAYS RETAIL
Retail Operations Manager
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CAMBERLEY
NEXT RETAIL LTD
Warehouse Administrator
Permanent · DONCASTER
HAYS RECRUIMENT
E-Commerce Manager
Permanent · LONDON
HAYS RECRUIMENT
Eyewear Account Manager South London
Permanent · LONDON
NEXT RETAIL LTD
Home Design Consultant
Permanent · CARDIFF
NEXT RETAIL LTD
Sales Coordinator - Permanent
Permanent · LONDON
360 RESOURCING
Head Office Recruitment Consultant - Fashion Retail
Permanent · LONDON
360 RESOURCING
Temps Controller / Temps Recruitment Consultant - Fashion Retail
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Production Manager-Shoes & Slg-Luxury- London Salary up to £70k
Permanent · LONDON
DEPLOY LONDON
International Sales & Marketing Manager
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Digital Marketing Manager
Permanent · LONDON
TOO FACED
Too Faced Business Manager - Boots Brentwood, UK
Permanent · BRENTWOOD

Office CEO resigns, COO Kerry van der Merwe steps in

Published
today Nov 25, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Lorenzo Moretti, the chief executive officer of high street footwear retailer Office, has stepped down after a year in the role.


Office


He joined the company in December last year to replace former CEO Brian McCluskey, who held the top job for more than fifteen years. 

Kerry van der Merwe, currently chief operating officer, has stepped in as interim managing director with immediate effect, according to City AM.

She takes over as the company prepares to close up to 15 of its roughly 140 stores in the next two years. Office is planning to exit the loss-making stores as their leases come to an end.

Three ‘problematic’ concessions have also been earmarked for closure.

Owned by South African retailer Truworths, Office is suffering from the same difficulties which have forced many UK retailers to close stores and call in administrators. 

In September, its parent company agreed a £32.5 million refinancing deal to secure the future of the high street chain. It blamed tough trading conditions and Brexit uncertainty for Office’s troubled finances, which included a debt pile of more than £40 million.

As chief operating officer of Office, Kerry van der Merwe was previously in charge of finance, IT, HR and property operations. Truworths said the business will be “in strong hands” under her leadership.

Copyright © 2020 FashionNetwork.com All rights reserved.