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Barratts Priceless appoints managing director and chairman

Barratts Priceless, owner of footwear chains Barratts and Priceless, has appointed brand director John Hood to the role of managing director with immediate effect.

Hood, who was appointed brand director of Barratts Priceless in December last year, has been promoted into the newly-created role of managing director for Barratts Priceless which has been run as one retail business since July.

At the same time, Barratts Priceless has also appointed Richard Segal as chairman. Segal, who has over 20 years of senior managerial experience covering sectors including consumer, online and financial services, replaces Terry Bond who retired in August. Segal is also a non-executive director of The Kyte Group and chairman of both Esporta Health and Fitness and Web Reservations International.

Prior to joining Barratts, Hood worked as director of Alshaya in the Middle East where he was responsible for the Footlocker, Milano and Payless brands. Before moving to the Middle East he was the managing director for Brantano Footwear in the UK.

Commenting on the appointment of Hood, Barratts Priceless chief executive Michael Ziff said: “The experience he has gained throughout his career, coupled with the time he has already spent in the business makes him ideally suited to drive our retail business forward at this time.”

Hood will take responsibility for 100 Barratts and 89 Priceless stores in UK and the Republic of Ireland as well as overall responsibility for buying and merchandising across the business.

He added: “Like many other retailers, the company is currently operating in a challenging economic environment and I look forward to working with the executive team to accelerate its adaptation to recent market changes.”

 

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