Shaun Wills, the chief executive of Jacques Vert owner Calvetron Brands, has left the business, four months after it was bought out of administration.
Wills has been replaced by former Monsoon Accessorize managing director Peter Ridler, who started yesterday, according to Drapers magazine.
Ridler was most recently business development director of White Stuff.
Former Superdry finance chief Wills had been at the helm of the business since April 2015, when it was called Style Group Brands. Along with Jacques Vert, the business operates the Precis Petite, Eastex and Dash brands.
It was bought out of administration in June in a pre-pack deal by Calvetron Style Holdings Limited, led by former Jaeger-owner Harold Tillman.
Tillman, chairman and strategic adviser for Calvetron, said: “During his 18 months as CEO, Shaun and his team have worked tirelessly to re-establish the positioning of each of the four brands, developing new, more appealing product, restructuring the business for today’s requirements and, latterly, delivering the sale of the business into new ownership.
“He leaves with our thanks and our very best wishes for his future success.”
Haseeb Aziz, director of Calvetron, added: “Peter’s extensive omnichannel international expertise, and his experience operating as CEO for a number of retail businesses, will further support the business in its growth strategy.
“Peter is a great addition to the team. We are confident that with a robust strategy in place and a strong and passionate team, Calvetron Brands has a significant opportunity for growth over the coming years.”
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