UK: Board Change Results From E-commerce Shift At GUS
As a result of the decision taken by Great Universal Stores Plc to place responsibility for the group's e-commerce development within its operating divisions, Michael de Kare-Silver, GUS e-commerce director, has left the company. Michael resigned from the board of directors yesterday, and is handing over his responsibilities to divisional companies.John Peace, chief executive of GUS, explained: "e-commerce has become an integral part of the growth strategy of our major divisions, and we now have a great deal of expertise across the Group. It makes sense for our operating divisions to take responsibility for managing their own e-commerce development and for identifying new investment opportunities."With annual sales of well over £50 million, GUS is now a very significant e-commerce player, and is confident that this latest move will establish a strong platform for future growth.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Trump and the apparel industry – Infographic
- Apparel factory auditing is in the firing line
- How US border adjustment tax could affect apparel
- British Brexit plans prioritise tariff-free trade
- NRF 2017 – Technology key to shopper experience
- New project to digitalise European fashion chains
- Brands need to tackle Turkey factory refugee abuse
- JC Penney to roll out hundreds of Nike "shops"
- Patagonia launching circular economy platform
- Limited Stores files for bankruptcy protection
- Outdoor performance apparel 2016: A broader perspective
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Anti-odour clothing: fresh fashion for an active lifestyle
- Global apparel markets: product developments and innovations, October 2016
- Global market review of lingerie – forecasts to 2022