Debenhams chairman Sir Ian Cheshire shares his views on the impact politics is having on the retail sector and how to weather the storm.
In the year since Sir Ian Cheshire arrived at Debenhams the sector has been rocked, firstly with the Brexit vote affecting currency rates and employee rights, and secondly with a snap general election.
As retail faces an increasingly uncertain political environment, Cheshire will need to steer Debenhams through ever choppier waters, making sure it can thrive in the pressured department store landscape.
Sir Ian has been key in placing Amazon’s former European fashion boss in the chief executive role and laying the foundations for the department store’s future growth strategy.
In this week’s episode, Cheshire discusses the reasoning behind that particular recruitment decision, as well as the impact of the general election on retail and what Debenhams will be doing next to differentiate itself from others in the market.
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