All Ann Summers articles – Page 2
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Retail Navigator Analysis
Ann Summers (SWOT)
Following the sad passing of Jacqueline Gold in early 2023, who had been instrumental in making Ann Summers a key presence on the high street, a business restructuring saw her sister Vanessa Gold take up the role of company chair, while Maria Hollins was promoted to chief executive, ensuring ample experience and passion remains within the leadership team.
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Retail Navigator Analysis
Ann Summers (People)
In July 2023, it was announced that Vanessa Gold would take up the role of company chair, with Maria Hollins being promoted to chief executive.
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News
Ann Summers CVA approved by creditors
Ann Summers has announced that its company voluntary arrangement (CVA) has been approved by creditors following a vote today.
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News
Ann Summers launches CVA in bid to secure turnover-based rents
Ann Summers has launched a CVA for 25 of its 91-strong store estate in a push to secure turnover-based leases.
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Analysis
Nightmare before Christmas: bosses of John Lewis, M&S and The Entertainer on lockdown 2.0
It’s the news the industry dreaded. This Thursday so-called ‘non-essential’ retail will be shut down until December 2 in a bid to stem the spread of coronavirus. Many fear chaos, but could click and collect come to the rescue?
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Analysis
Analysis: After the most unpredictable year ever, is the five-year strategy dead?
It’s difficult to know what’s going to happen next week, never mind next year. In this environment, can retail leaders work to five-year plans? Grace Bowden investigates.
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News
Ann Summers CVA ‘likely’ as landlord talks stall
Ann Summers has kicked off talks with the British Property Federation (BPF) that will likely lead to the launch of a CVA after failing to negotiate better rental terms with some landlords.
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Opinion
Jacqueline Gold: ‘We’ve put more family money into Ann Summers, but now I’m facing a CVA’
The Covid-19 pandemic has been an extraordinary time for all retailers. With all our stores closed at Ann Summers, the focus shifted to online, and thanks to the heroics of our colleagues, we managed to meet a significant step up in demand while people were in lockdown. I can’t imagine why…
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News
Ann Summers ponders CVA after ‘toughest year’
Lingerie and sex toys specialist Ann Summers is poised to launch a CVA after suffering increased losses in its latest reported year.
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Opinion
Jacqueline Gold: We won’t let landlords jeopardise our success
You don’t have to be the chief executive of a retailer to know there has been a fundamental shift in the retail property market.
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News
Ann Summers wins rent deals but CVA on cards for remainder
Ann Summers has won better property terms from landlords on most of its 100 branches but the refusal of property owners to be more flexible means a CVA may be considered for those where terms have not been struck.
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Opinion
Jacqueline Gold: Why Ann Summers is taking on Google
Receiving the Retail Activist award at the Retail Week Awards last month was one of the proudest moments of my career.
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Analysis
Retail Week Awards 2019: Jacqueline Gold wins first Retail Activist Award
For her tireless pursuit of equality and diversity in business, Jacqueline Gold is our inaugural Retail Activist Award winner
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Video
Watch: Why Jacqueline Gold champions women in the boardroom
Ann Summers chief executive Jacqueline Gold has been a tireless advocate of the importance of diversity in business and in particular has championed equal opportunities for women.
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News
Ann Summers bolsters board with Game and ex-HOF hires
Ann Summers has snapped up House of Fraser’s former product and trading director Maria Hollins and Game’s chief marketing officer Natalie Amosu.
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Opinion
Opinion: It's the beginning of the end for retail's dinosaurs
Last month I had the privilege of speaking at Retail Week’s Be Inspired conference. Our panel discussion – ‘working with dinosaurs: how to overcome unconscious bias’ – brought back some vivid memories of my formative years at Ann Summers.
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Future Leaders
Be Inspired: What makes Sir Ian Cheshire ‘batshit’ crazy?
Sir Ian Cheshire said that his time as a retail chief executive at B&Q was peppered with one very particular frustration.
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News
Ann Summers profits surge driven by store refurbishment
Ann Summers’ full-year profits more than doubled as boss Jacqueline Gold prepares to begin the “painful” process of weaning the retailer off discounting.
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Analysis
Retail chiefs: 'Worst election result we could have'
After the snap election resulted in a hung parliament, Retail Week spoke to retail executives to gauge reaction across the industry.
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News
Ann Summers profits flat as it eyes overseas expansion
Ann Summers posted flat full-year profits and a rise in like-for-like sales as the retailer prepares to expand its wholesale operation internationally.