John Lyttle to stay as CEO of fashion group, which includes Debenhams and Karen Millen, until successor foundBoohoo’s chief executive is stepping down as the online fashion retailer launches a strategic review of its brands, which include Debenhams, Karen Millen and PrettyLittleThing, that could result in a breakup of the company.Shares in Boohoo fell 7% on Friday as investors reacted to news of the surprise departure of John Lyttle, who joined from Primark in 2019 and has agreed to remain in post until a successor is found. Continue reading…
Source link : https://www.theguardian.com/business/2024/oct/18/boohoo-boss-to-step-down-as-retailer-launches-brand-review-that-could-spark-breakup
Author : Mark Sweney
Publish date : 2024-10-18 13:30:58
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Boohoo boss to step down as retailer launches brand review that could spark breakup
