BusinessMember
Matalan announces exit of CEO Henrik Nordvall
British fashion and homeware value retailer Matalan has confirmed that chief executive officer Henrik Nordvall will leave the business by “mutual agreement” with the board. Nordvall, who joined Matalan in February, will be replaced by Karl-Heinz Holland as executive chair on a permanent basis, having served as chair since 2023, “to build on the...
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Retail
John Lewis to take on sports and wellness with new investment
British department store John Lewis, which has 38 shops and a strong omnichannel presence, is looking to take on the fitness boom with a new sports and wellness concept, aimed at bringing sportswear, footwear, wearable technology, recovery, AI-powered fitness and expert services together in one destination. Described by the retailer as “...
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