UK: Hobbs CEO Dulieu to step down
Nicky Dulieu will retain a non-executive role within Hobbs
Nicky Dulieu, the CEO of women's fashion retailer Hobbs, is to step down after five years in the role.
She joined Hobbs as finance director before being promoted to managing director in 2008 and chief executive a year later. However, Dulieu will retain a non-executive role at the retailer, working alongside newly-appointed chairman Phil Wrigley.
Earlier this month, private equity firm 3i wrote down the value of its investment in the women's wear brand by GBP14m (US$22.9m), blaming weak trading during the Christmas period. The group bought a 47% stake in Hobbs in 2004 for GBP111m.
A spokesperson for Hobbs declined to comment further on the departure of Dulieu.
- Garment manufacturers eye Myanmar outsourcing
- PSF 2014: Shifting focus from cost to consumer
- PSF 2014: No one size fits all in apparel sourcing
- Tesco takes second stab at US market with F&F
- Tesco FY results: What the analysts say
- Adidas China supplier in discussions over strike
- Bangladesh PM asks clothing buyers to pay more
- Jones CEO to depart as Sycamore splits business
- Workers strike at Adidas supplier shoe factory
- Bangladesh clothing exports to Japan to hit $1bn
- Ethiopia – the emerging textile and clothing industry
- Antimicrobial fibres, fabrics and apparel: innovative weapons against infection
- Trade and trade policy: clothing imports, consumer expenditure and trends in five emerging markets: Brazil, Colombia, India, Kazakhstan and Peru, 4th quarter 2013
- Jeans in Italy
- Sustainable Textiles for Apparel: Fact, Fiction and Future Prospects