Paul Allen, chief executive of Jacques Vert Group, is set to exit the retailer.
Allen, who has been chief executive of Jacques Vert since 2003, will leave the Sun European owned retailer next year according to Retail Week.
It is understood that the retail group is in the “advanced stages” in finding a replacement for Allen.
The Jacques Vert Group was formed when private equity group Sun European merged Jacques Vert and the Irisa Group, formerly Alexon, earlier this year. It bought Alexon out of administration last September and acquired Jacques Vert in December. When the businesses were merged in January Allen became chief executive of the group.
In May it was revealed that the staff at Irisa Group’s head office in Luton were to be placed into consultation regarding a potential office move to London to join the Jacques Vert head office.