My-Wardrobe chief exec departs after pre-pack
My-Wardrobe chief executive David Worby has left the business in the wake of a pre-pack administration.
Alex Cadwallader and Neil Bennett, directors at Leonard Curtis Business Solutions, were appointed joint administrators before then selling the business to Growth Capital Acquisitions.
Worby and trading director Joanna Stephenson left the etailer this week as it was also announced the business has received “significant” funding from private investors.
Chief operating officer Andrew Curran told Drapers that he would take over responsibilites from Worby, who has been at My-Wardrobe since June last year.
The womenswear etailer last month revealed it was to merge its London and Nottingham offices, resulting in all but the buying team relocating from the capital. As a result of this move 18 employees had decided not to relocate and Curran is now in the process of a “major recruitment drive” to replace these with 18 new staff members.
The buying and merchandising teams will remain in London, headed up by Carmen Borgonovo.
The ongoing process of restructuring also recently saw the redundancies of brand director Leanne O’Shea and art director Ruth Cozens, both of whom were founder members of staff.
Earlier today My-Wardrobe announced that new investment would the secure its future.
Curran could not disclose who the private investors are or what sum of money they have put into the business, however said the business could “now face the future with confidence”.