New Look chief Oddy steps down from helm of fashion retailer
Value-focused fashion retailer New Look
The confirmation came after a weekend report had said Oddy wanted to take a break for a while, although it doesn’t mean that the 62-year-old is contemplating retirement just yet.
Oddy — who had previously been CEO at House of Fraser
The firm has been through a company voluntary arrangement and financial restructuring, as well as navigating the problem of the pandemic when its roughly-400 stores were forced to close for long periods.
New Look chairman Mike Coupe (the former Sainsbury
Oddy himself said that the business has “successfully come through Covid and with a solid platform now in place for future growth”, it’s “the right moment for me to step down as chief executive”.
