Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Helen Connolly resigns from Bonmarché

Bonmarché chief executive Helen Connolly has resigned from the struggling business, Drapers can reveal. 

The former director of buying womenswear and lingerie at Asda stepped down from her position on 9 December. 

Connolly joined womenswear retailer Bonmarché as chief executive in August 2016, replacing former Karen Millen and Coast CEO Beth Butterwick

The retailer fell into administration in October and business advisory firm FRP Advisory was appointed as administrator. 

In November, it was revealed that EWM-owned value retailer Peacocks was the preferred bidder for Bonmarché. It came after Day’s investment vehicle Spectre bought a majority share of the business in April, triggering a mandatory takeover bid.

At the time, the administrator said it would result in the closure of 30 “underperforming and unsustainable” Bonmarché stores by 11 December. So far 14 of those have closed, while 301 stores remain open. 

Drapers understands a deal is not expected to be completed until after Christmas. 




Readers' comments (1)

  • Helen is a great leader with plenty of opportunities in the future- I wish you all the best of luck. You deserve success!!

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.