M&S has unveiled a major realignment of its senior leadership team with CEO Steve Rowe making the changes after saying the firm has finished the ‘Fixing the Basics’ part of its strategy and is ready for the next step.
Addington Capital is out to help investors and landowners “redress the balance in our tired retail spaces and town centres”. So the property investment and management group has signed regeneration expert Nigel Turner.
Pradera Lateral is the surprise choice to manage the Trafford Centre. Its appointment follows a “competitive” tender process, with little-known Pradera beating industry giant Westfield to oversee the Manchester mall.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
Estée Lauder Companies announced on Tuesday the appointment of Meridith Webster who will join the company in the newly-created role of executive vice president, global communications and public affairs.
The Italian label has convened an AGM to renew its board of directors, which is set to co-opt the son of CEOs Miuccia Prada and Patrizio Bertelli, whose respective remuneration package was also disclosed.
Teen apparel brand PacSun announced on Friday several leadership changes where Alfred Chang, PacSun president, and Michael Relich, interim CEO of PSEB Group, will be elevated to co-chief executive officers.
On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.