Jane McNally will embark on a product review of Alexon Group’s brand portfolio after her appointment as chief executive of the womenswear business this week.
McNally, whose start date is yet to be confirmed, declined to give details on her new position but said she was “very excited” to be joining the business.
It is understood that McNally, who will join Alexon from Peacocks, where she is buying and merchandising director, has been brought in to overhaul Alexon’s brands.
These include Alex & Co, Ann Harvey, Eastex, Dash and Kaliko, as well as young fashion chain Bay Trading.
Peacocks chief executive Richard Kirk said: “Jane has done a great job for us over the past five years and I wish her luck.”
McNally will replace John Osborn, who is due to retire later this year, as exclusively revealed by Drapers (March 29). He has been with the business for 15 years.
Alexon’s fashion director and Osborn’s right-hand woman Lesley Thompson stepped down earlier this year.
Alexon’s like-for-like sales fell 5.6% for the year ended January 26, but operating profit excluding exceptionals rose to £10.5 million against £9.9m the previous year. Total turnover dipped 3.3% to £262.1m.