Moss Bros has announced that Keith Hamill has today stepped down, leaving the beleaguered retailer without a chairman, as forecast in today’s Retail Week.

Hamill deferred his previously announced retirement plan to oversee the£40 million bid process for the company by the menswear retailer’s largest shareholder Baugur. The 42p-a-share bid offer collapsed last month.

The decision leaves the retailer, which has been beset by in-fighting between major shareholders, without a chairman.

Former Littlewoods chief Barry Gibson, who was favoured by Moss Bros to take the role, will not join the company, according to sources.