Debenhams has confirmed the appointment of former House of Fraser executive Mark Gifford as its new chair.
Gifford will take the role of chair and director of Debenhams’ parent company Celine Jersey Topco Limited and will be responsible for helping to turn the struggling department store around.
Stefaan Vansteenkiste, Debenhams’ chief executive, said: “We are delighted that Mark will be joining the parent board to work with our investor consortium, who have confirmed their continuing commitment through providing additional liquidity for our peak trading.
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