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Andy Bond named chairman of Republic

Former Asda chairman and chief executive Andy bond has been named chairman of private equity-backed young fashion retailer Republic.

Bond, who stood down from Asda last week, takes up the Republic role with immediate effect.

Private equity group TPG bought 113-store Republic in June last year for £300m and Bond will help drive further growth at the branded clothing specialist.

Republic chief executive Tim Whitworth said Bond “brings not only a wealth of experience from his days at George and Asda, but shares our thirst to take Republic into a new era of development”.

Bond, who has taken an equity stake in Republic, said: “There has never been a more important time to support enterprise in the UK and in particular those companies that will deliver economic growth and sustainable jobs.”

He added: “As an investor manager, I hope to play a part in encouraging a new generation of entrepreneurs.”

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