Debenhams is understood to be in talks with former New Look finance director Alastair Miller regarding a key finance role.
The department store is looking to replace Simon Herrick, who left in January after two years at the business amid widespread criticism for a so-called ‘Santa tax’, which proposed paying suppliers 2.5% less for their goods to help fund the retailer’s expansion plans. Debenhams announced in March that profits were down 25% in the 26 weeks to March 1.
The Sunday Times reported yesterday that Miller is one of several candidates in talks for the role.
Miller left New Look in April after 14 years at the business. A new role for Herrick has not yet been announced.