Beighton’s appointment as a director at Matches has been terminated, according to Companies House in the U.K.
and the retailer’s fourth chief executive officer in five years, is out after less than two years in the role.Teneo said: “We have not announced this, and we would not comment on personal information about employees or executives” at the retailer.Frasers Group
At the time, Teneo confirmed that 273 employees, a little more than half of the company’s total, were laid off with immediate effect. The layoffs applied solely to those working at the head office in London. It was unclear whether Beighton, who was attempting to turn the business around, would remain. Prior to joining Matches he was CEO of Asos, and was credited with having transformed the fashion e-commerce platform into a 4 billion pound operation.
“Being part of Frasers, with their utter commitment to luxury, will give this business access to greater scale, best-in-class retail expertise, and the financial stability it needs to more effectively deliver for our brand partners and our customers,” Beighton said late last year. Frasers, which bought Matches in a knockdown deal valued at 52 million pounds, gave up after a few months. and Sports Direct, said Matches had “consistently missed its business plan targets and…has continued to make material losses.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WWE Talent Felt 'Betrayed' by AEW's PlottingNick Aldis competed in one of ALL IN (2018)'s marquee matches.
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history.
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history.
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history.
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history. Rob Lynch, the current president and CEO of the Papa John’s pizza chain, will join Shake Shack’s board and become its CEO on May 20. Lynch succeeds Randy Garutti, who started what would become Shake Shack from a hot dog cart in New York in 2001.
Read more »
Joveljic matches MLS record with 5th goal, helps LA Galaxy beat Sporting Kansas City 3-2Dejan Joveljic scored a goal to tie an MLS record and Marky Delgado scored the game-winner in the 80th minute as the LA Galaxy made three second-half goals to beat Sporting Kansas City 3-2.
Read more »