Stacey Cartwright is the new chief executive at Harvey Nichols

Stacey Cartwright is the new chief executive at Harvey Nichols

Stacey Cartwright, the former finance direct at Burberry, is to join luxury fashion retailer Harvey Nichols as its new chief executive.

She replaces Joseph Wan, who has held the position of CEO for 21 years and who will be retiring at the end of March.

Cartwright was CFO and executive vice president of Burberry Group Plc for nine years, where she played a key role helping to transform the company into a world-leading luxury brand.

During her tenure, turnover jumped from GBP676m to GBP2bn, and the brand expanded into new markets including China and the Middle East.

"I am excited by the opportunity to further develop this world class brand both in the UK and internationally," Cartwright said.

Harvey Nichols Group Limited is owned by the Hong Kong based retail magnate, Dr Dickson Poon.