Tesco names new CEO for F&F clothing brand

By

Barbara Santamaria

Published
Jul 23, 2020

Tesco has named a new boss for its clothing division to replace Richard Price, who left the retailer seven months ago to take up a similar role at Marks & Spencer.

Jan Marchant will become the new CEO of Tesco’s F&F, the brand of affordable clothing essentials for the family.

Her appointment was first reported by Retail Week after seeing an internal staff memo.

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Marchant has been promoted from within the company, having joined Tesco in 2002. She has served as creative and digital director of F&F since 2017 and acted as interim CEO of the range since Price’s departure.

Clothing sales at the supermarket giant dropped by as much as 20% in the 13 weeks to May 30 as shoppers prioritised buying food and household provisions. 

Tesco’s clothing division has been estimated to make annual sales of over £1 billion.