This year was a milestone for Dune and its founder, Daniel Rubin, as the footwear retailer marked its 25th anniversary. During the year, it forged ahead with its international expansion plan, opening stores in the Middle East, Zurich, Switzerland and Serbia – its debut in the Balkans.
Financials were also strong: pre-tax profit was up 33% to £8m for the year to 28 January 2017, as the company improved gross margins and cut costs. Turnover slipped by 1% following the cessation of its US operations.
John Egan stood down as CEO in August and will take up a non-executive position within the business. Chief operating officer James Cox was appointed as the group’s new chief executive. He has acted as the group’s chief operating officer since 2013, after he was promoted from the role of finance director.
A strong leader and well respected in the footwear and wider retail sector Rubin has certainly laid the foundations for another successful 25 years at Dune.