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Jigsaw appoints new chief executive

Jigsaw has appointed ex-Canterbury CEO, Chris Stephenson, as its new chief executive, Drapers can reveal.

Stephenson was most recently global president of the activewear division at Pentland Brands but left earlier this year, when the company restructured its executive team.

He held the role at Pentland from January 2017 and was previously chief executive at rugby brand Canterbury from 2008 to December 2016.

Jigsaw confirmed the appointment and said Stephenson had been acting as a non-executive director of Jigsaw for several months.

At Jigsaw Stephenson replaces Peter Ruis, who left the CEO role with immediate effect in March this year and joined Anthropologie in the newly created role of managing director of international at the start of July. 

Carphone Warehouse founder David Ross took a majority stake, thought to be around £5m, in Jigsaw in late March, with Jigsaw founder John Robinson investing a similar sum.

Secure Trust Bank is understood to have committed a further £10m to replace Barclays as Jigsaw’s principal lender at the same time.

The brand’s chairman Charles Atterton returned to an executive role as Jigsaw’s executive chairman in March. He was joint CEO with Jigsaw’s founder, John Robinson, from 1997 until 2013.

Jigsaw operates around 80 UK stores, including 30 in London, and has concessions in several branches at department stores John Lewis, Fenwick and Bentalls.

It also has concessions at Arnotts in Dublin, De Bijenkorf in the Netherlands, David Jones in Australia, Robinsons in Singapore, Edgars in Johannesburg and Voisins in Jersey.

 

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