×
80 399
Fashion Jobs
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Morristown
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Roseville
ULTA BEAUTY, INC.
General Manager
Permanent · New York
NORDSTROM
Asset Protection - Agent - Manchester Highlands Rack
Permanent · Manchester
NORDSTROM
Asset Protection - Security Ambassador - Twenty Ninth Street Shopping Center Rack
Permanent · Boulder
NORDSTROM INC
Asset Protection - Security Ambassador - Rookwood Pavilion Rack
Permanent · Cincinnati
NORDSTROM
Asset Protection - Security Ambassador - City Creek Center
Permanent · Salt Lake City
NORDSTROM INC
Asset Protection - Security Ambassador - Southcenter
Permanent · Tukwila
NORDSTROM INC
Manager Asset Protection 3 - Chandler, az
Permanent · Chandler
NORDSTROM INC
Asset Protection - Agent - Tampa Rack
Permanent · Tampa
NORDSTROM
Asset Protection - Agent - Brentwood Place Rack
Permanent · Brentwood
NORDSTROM
Asset Protection - Security Ambassador - Gateway Center Rack
Permanent · New York
NORDSTROM
Asset Protection - Agent - South Coast Plaza
Permanent · Costa Mesa
NORDSTROM INC
Asset Protection - Security Ambassador - Rack at 31st & 6th
Permanent · New York
NORDSTROM INC
Senior Manager Strategic Sourcing, Store Operations, Mro, Restaurants
Permanent · Seattle
NORDSTROM INC
Area sc Manager 2 - San Bernardino, ca
Permanent · San Bernardino
NORDSTROM
Asset Protection - Security Ambassador - Old Orchard Center
Permanent · Skokie
NORDSTROM
Asset Protection Agent - Woodlands Mall
Permanent · The Woodlands
NORDSTROM INC
Asset Protection - Agent - North Point Marketcenter Rack
Permanent · Alpharetta
NORDSTROM
Asset Protection - Security Ambassador - Perimeter Expo Rack
Permanent · Atlanta
NORDSTROM INC
Manager - Asset Protection - West County
Permanent · Des Peres
NORDSTROM INC
Inventory Control Specialist - Beachwood Place
Permanent · Beachwood
Published
Feb 9, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

New Look's Barrasso exits, chairman brings Axon back as retail chief

Published
Feb 9, 2018

The news keeps on flowing from New Look at the moment and the latest development at the struggling retailer is that UK and Ireland Managing Director Danny Barrasso has left with immediate effect. Meanwhile another exec from New Look’s past has been brought back.


New Look



Barrasso, who had stood in as interim company chief after CEO Anders Kristiansen left last autumn, had been at the business for five years. But in the latter part of his time there, the fashion retailer saw a sharp deterioration in its performance. That was despite it expanding its store count fast, adding to its menswear offer and targeting younger consumers. 

CEO Kristiansen’s exit was a consequence of the decline and a pre-tax loss of £123.5 million for the latest nine-month period (as comp sales fell nearly 11%) showed that it still has lots of work to do. It also showed that Barrasso’s interim period in charge hadn’t driven any improvement, although given the challenges facing the firm, it was always clear that the turnaround would take some time.

Danny Barrasso wasn’t the only major management change on Thursday with international MD Sven Gaede also due to leave at the end of this month. He has been with the company for three years.

On a positive note for the future, group operations director Dan Monaghan will now run the firm’s China business and Russell Harrison, who headed the retail team in the UK and Ireland, has been named Finance Director, reporting to CFO Richard Collyer. 

Importantly too, new Executive Chairman Alistair McGeorge has brought Mark Axon on board as Retail Director from Australian discount chain Big W. He had worked at New Look from 2012 to 2014 before joining Big W and will join on February 19.

McGeorge said of his appointment: “We look forward to welcoming Mark back to the business. [He] brings a wealth of retail expertise and his prior experience at the company will be valuable as we rebuild our position within the UK market.” 

The changes are signs that McGeorge is preparing for a root and branch reboot of the company as it faces what some have said are existential threats in the face of a tough UK fashion market, a fast migration online and a number of missteps on the part of the business.

Copyright © 2021 FashionNetwork.com All rights reserved.