Topps Tiles major shareholder calls for management revamp after ‘costly blunders’

Exterior-of-Topps-Tiles-store

The biggest shareholder in tiles specialist Topps Tiles is reportedly calling for the board to overhaul its top team and strategy following a raft of “costly blunders” at the business.

Austrian investment company MS Galleon’s managing director Piotr Lipko wrote to Topps Tiles’ chair Paul Forman last week to say that management at the home & DIY retailer had shown a “complete failure” to adapt to the changing retail landscape.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now