The Dune Group’s chief executive, James Cox, is set to leave the footwear retailer on 9 March, after more than 10 years at the business.
Cox will stay on as a non-executive director, while executive chairman and founder Daniel Rubin will take over as interim CEO.
Cox joined The Dune Group from Thomas Pink in 2010 as CFO and after rising through the role of COO, was appointed CEO in 2017. Before that, he was group finance director at Pink Shirtmaker between 2005 and 2010.
Rubin said: “James has been an inspirational leader of the business, initially as finance director, then COO and finally CEO. He had guided the business during a challenging period in retail with great skill and integrity.”
Cox said: “I am privileged to have worked with a fantastic team at Dune during a period where we have been successful in delivering our market leading customer proposition worldwide and in growing both our sales and profits.”
Operating profit at Dune fell 21% to £3.5m for the year to 26 January 2019. Profit before tax dropped 9% to £3.04m as the footwear brand suffered a £1.2m debt write-off arising from House of Fraser’s administration in 2018.