Debenhams is poised to name former House of Fraser executive Mark Gifford as its new chair.
The embattled department store chain, which fell into the hands of lenders earlier this year after slumping into administration, could confirm the appointment by the end of this week, Sky News reported.
Gifford would become chair of Debenhams’ holding company, Celine Holdings.
His arrival would add some much-needed retail experience to the board as the retailer prepares for the crucial Black Friday and Christmas trading periods.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.