Office is a fashion-oriented footwear retailer operating from around 100 stores in the UK as well as concessions. It is also active internationally in Ireland, the US, South Africa and Germany. Retail Week provides news, analysis, features and opinion about Office and the fashion sector.
Retail rivals JD Sports’ Peter Cowgill and Sports Direct’s Mike Ashley are among the prospective bidders for footwear chain Office.
The turnover of retail CEOs reached its highest level since 2012 last year. Why are retail’s leaders sent packing so frequently?
Office chief executive Lorenzo Moretti has stepped down with immediate effect and will be succeeded by the shoe retailer’s chief operating officer.
Office is mulling the closure of 15 stores in the UK over the next two years as part of a wider turnaround strategy from parent company Truworths.
Office is considering launching a CVA as part of a restructuring process which is expected to take place over the next few weeks.
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