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Posted In Business, Moves, News & Insight, People, Retail & Etail 

Karren Brady to chair Sir Philip Green’s retail empire

Lauretta Roberts | 17th July 2017

 0
Lady Karren Brady

Lady Karren Brady, the boss of West Ham United and a judge on TV show The Apprentice, has been appointed as non-executive chair of Taveta, Sir Philip Green’s family firm which controls his retail empire Arcadia.

 

Brady replaces Lord Anthony Grabiner, who is stepping down from the role after 15 years, according the The Guardian. In a statement Sir Philip Green thanked Grabiner for his service and added: “I am delighted to announce that Baroness Karren Brady will be appointed as non-executive chairman. Baroness Brady joined the Taveta board as a non-executive director in September 2010 and will assume the role immediately.”

Arcadia turns over around £2bn from its brands which include Topshop, Topman, Dorothy Perkins, Miss Selfridge, Burton and Evans. It used to control BHS before the department store was sold to a group led by Dominic Chappell for £1 in 2015. It collapsed controversially just one year later leaving 11,000 staff without jobs and a hole in its pension fund, which Green later helped to fill with a personal contribution of £363m following an MPs’ inquiry.

Brady, who is one of the UK’s best known businesswomen, said it was “a privilege to have been invited to chair the board”.

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Tags / Anthony Grabiner, Arcadia, Karren Brady, Retail, Sir Philip Green, Taveta, Topshop

About Author / Lauretta Roberts

Lauretta Roberts is managing director and Editor-in-Chief of The Industry, having acquired the business along with business partner Antony Hawman in July 2015. She is also the former director of brand & propositions of trend forecaster WGSN and a former editor of Drapers magazine.

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H&M group confirms opening dates for first stores from new brand ARKET. Regent Street opens on 25 Aug #retail ow.ly/VJR730ea0CC pic.twitter.com/3EMP9CHoJn

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9:48 am · 4th August 2017
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