IC Companys, parent company of Jackpot, Part Two and By Malene Birger, has made its UK country manager Mark Faulkner redundant as part of a wider restructuring.
Faulkner, who left the company this week, had held the role for two years and managed six brands including contemporary womenswear brand Inwear, lifestyle brand Jackpot and menswear brand Matinique.
IC Companys, the Danish business which owns 11 brands, has given control of the six brands managed by Faulkner to the UK sales managers for each of the brands.
The five other brands in its portfolio, including menswear brand Tiger of Sweden and sports and casualwear brand Peak Performance, were already managed directly by sales managers.
IC Companys chief executive Niels Mikkelsen said: “Responsibility and powers of decision should be closely linked and for this reason we now empower the brands with the full responsibility of their entire value chain while at the same time we build up a group which is far more transparent, flexible and efficient providing us with the edge of reacting quickly to market demands.”