David Walker-Smith has resigned from his role as managing director of Fenwick of Bond Street.
David Walker-Smith (seated) pictured with (from left) Adam Kelly, Georgina Coulter and Mia Fenwick
Walker-Smith joined the company in February 2013 from Selfridges, where he was executive buying director, on a three-year assignment to update and modernise the business.
He is credited with repositioning the store, and optimising commercial opportunities and brand partnerships. For example, he oversaw the introduction of makeup brands Mac and Charlotte Tilbury, which led to a doubling of beauty sales.
During his time the ground floor underwent a £5.5m refurbishment, including the introduction of a 5,000 sq ft designer footwear department in 2014. It is understood the latter resulted in a double-digit sales increase.
He also brought in a new buying team, led by buying director Adam Kelly and supported by Mia Fenwick as head of buying.
“It has been a privilege to direct this historic store into its 125th anniversary year and to equip the business for a strong future,” said Walker-Smith. “The time is right for me to exit stage left, knowing that the Bond Street store will go from strength to strength in its exciting next chapter.”
Mark Fenwick added: “David is an inspirational and creative force whose flair and understanding of our business has repositioned Fenwick of Bond Street. It has been a mutually beneficial and very enjoyable working relationship and we wish David continued success.”
Walker-Smith has not revealed his next move and a replacement has yet to be announced.
The Fenwick group has nine Fenwick stores - Bond Street, Brent Cross, Canterbury, Colchester, Leicester, Newcastle, Tunbridge Wells, Windsor and York - and two Bentalls, in Kingston and Bracknell.
The Bracknell Bentalls will be replaced by a new Fenwick at the £240m Lexicon Bracknell retail and leisure development in 2017.