Fashion retailers make some new appointments!
British lifestyle apparel retailer Fat Face has just appointed Colin Porter as its new Chairman. With a rich experience as CEO of Joules, Colin will join Fat Face with immediate effect.
Pleased over the appointment, Liz Evans, CEO, Fat Face, has said that Colin’s vast experience of working closely with multichannel brands – especially in the lifestyle segment – will benefit Fat Face significantly.
Colin will be replacing Lord Rose, who quit from his post in September 2020 after Fat Face completed its refinancing deal under new owners.
Notably, the refinancing agreement provided the business with a cash of £15 million to help further its current business strategy. Founded in 1988, Fat Face has stores in the UK and Ireland.
Meanwhile, as reported in Drapers, another British men’s streetwear brand Machine-A has appointed Alessandra Rossi – Chief Digital Officer at Tomorrow London – as its CEO.
It is pertinent to state here that fashion business development platform ‘Tomorrow London’ has become the majority shareholder in Machine-A.
No financial details have been disclosed so far.
While Alessandra is the new CEO, the owner of Machine-A Stavros Karelis will continue as Buying Director in addition to overseeing wider brand curation across Tomorrow’s portfolio.
Tomorrow London plans to work closely with Machine-A to help enhance its direct-to-consumer model, besides enhancing its long-term growth plans.
With Boohoo Group also getting its new non-executive director early this week, it’s been a week of new appointments in the British retail world.