Boohoo has announced the appointment of a new group chief executive officer following the shock departure of John Lyttle just two weeks ago. And no, it’s not Mike Ashley. Is Dan Finley the right man for one of the toughest, and now most controversial jobs in retail?
Boohoo has snubbed the demands of its largest shareholder by appointing former JD Sports and current Debenhams boss Dan Finley as its new group chief executive.
The sector held its breath this morning as one of retail’s last great heavyweights stepped back into the ring. But why now, for Mike Ashley? And, more importantly, why Boohoo? Asks news editor Hugh Radojev
Bosses at fast-fashion giant Boohoo Group are mulling a break up of the business as it faces pressure from shareholders to turn its fortunes around, according to reports.
Debenhams is expanding internationally with new websites in Ireland and Australia set to launch before Christmas.
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