Matalan news and archive

Matalan records 38 percent EBITDA growth following strategic investment

UK value retailer Matalan has reported a robust financial performance for the third quarter ended November 28, 2025, supported by a significant rise in profitability and a return to positive sales momentum. The company delivered a 38 percent increase in EBITDA on a pre-IFRS 16 basis, reaching 27 million pounds (36.3 million dollars). This...

Retail

Matalan plots to refurbish 40 stores, rolls out concession concept

British chain Matalan has said it will continue to roll out its retail refurbishment plans into the new year, with 40 stores now due to undergo renovations. The updated strategy, which will see 10 more locations refurbished than initially planned, comes in response to the positive response of already refreshed stores, which Matalan said are...

People

Matalan names new director of people and talent

Matalan has confirmed the appointment of Beccy Davies to the new role of director of people and talent. The British retailer announced the news on LinkedIn, where it revealed Davies had joined the team this month. Davies comes to Matalan from IT sales and distribution firm Exertis UK, where she served as head of HR for almost two years. Prior to...

People

Matalan names new head of buying for childrenswear

British department store Matalan has named Ruth Golightly as its new head of buying for its childrenswear department. While Golightly first took up the position in September, the news has now been confirmed by Matalan to the media. Golightly announced her appointment on LinkedIn, where, in response to the announcement of a new CEO for the...

People

Matalan taps former H&M MD as new CEO

British fashion and homeware retailer Matalan has named Henrik Nordvall as its new chief executive officer, a role he will take up from February 2026. Nordvall will succeed Karl-Heinz Holland, who stepped into the role of executive chair upon the departure of Jo Whitfield after she exited as CEO last year. Holland, who temporarily led the...

People

Matalan bolsters expertise to support transformation plan

Matalan, the prominent UK and international fashion and homeware retailer, has announced a series of key senior appointments aimed at deepening expertise across its core business functions and supporting its transformation plan. These hires follow strategic changes implemented earlier in 2025 by executive chair Karl-Heinz Holland and the...

People

Former Matalan CEO Jo Whitfield names chair of BRC

Jo Whitfield, retail veteran and former chief executive for Matalan, has been appointed chair of the British Retail Consortium (BRC). She will succeed Andy Higginson, whose tenure comes to an end on October 2. Whitfield, who is the first female chair of the BRC, brings to the role 25 years of experience in retail, having previously served in...

Fashion

Sloggi expands reach in the UK with Matalan deal

Comfort-first underwear and bodywear brand Sloggi is expanding its reach in the UK with a wholesale deal that will launch key collections across 20 Matalan stores. Sloggi will be selling its signature collections, including Basic+, which offers super soft fabrications across maxi, tai and midi styles with smooth seams; GO Crush, designed for...

People

Matalan’s director of buying and design exits

Laura Wiard, the director of buying and design at Matalan, has stepped down from her post at the British retailer. Her departure brings to an end a two year run at the company, which she first joined in September 2023. Wiard announced her exit on LinkedIn, where she bid a “fond farewell to all the wonderful people at Matalan”. Her statement...

FeaturedMember

Business

Matalan's EBITDA rises despite sales decline amidst challenging market

Matalan, the UK-based omnichannel fashion and homeware retailer, has reported a 9 percent dip in full-year sales to 985 million pounds. However the strategic emphasis on driving profitability resulted in a 6 percent year-on-year increase in EBITDA to 56 million pounds for the year ended February 22, 2025, with an 11 million pounds improvement in...

Featured

Retail

Matalan announces 25-million-pound store expansion

British fashion and homeware retailer Matalan has announced a 25 million pound investment plan in its UK store estate this year, with a focus on expanding its national footprint with new openings and modernising layouts of existing stores to enhance customer experience. In a statement, Matalan said the investment would go towards upgrading 30...

Member

Business

Matalan secures 25 million pounds funding to boost transformation

Fashion and homeware retailer Matalan has secured 25 million pounds (33 million dollars) additional funding to accelerate multi-year transformation. The funding boost comes from the company’s anchor investors—Invesco, Tresidor, Man Group, and Napier Park. The capital will support investments in store refurbishments, new store openings,...