Laura Ashley chief executive set to step down

Laura Ashley MK

Laura Ashley’s chief executive and executive director Kwan Cheong Ng will retire in April.

Ng will remain on the fashion and lifestyle brand’s board as a non-executive director.

Laura Ashley’s chief operating officer Katharine Poulter will succeed Ng as chief executive – with effect on May 1.

Poulter will also be appointed as executive director to the brand. The retail veteran has 25 years experience working for retailers such as Kingfisher, Marks & Spencer, Tesco and Wilko.

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