Harrods managing director Michael Ward has decided to stay on indefinitely to help the business deal with “changes to the UK economy”, Drapers has learned, while fashion director Helen David has been promoted to the role of chief merchant.
In March it was reported that Ward was leaving the business. As reported exclusively by Drapers in May, he later decided to remain until the end of January 2017.
Ward will now stay at the retailer for the foreseeable future to ensure it continues to deliver growth.
He said: “Due to changes in the UK’s current and future economic landscape we need to ensure that Harrods continues to thrive and remains ahead of the competition.Therefore, following discussions with our executive chairman, to make certain that we continue to deliver growth and see the value of our most important investments come to fruition, I am pleased to announce that I will be staying on as leader of the business and will be working with the leadership team to outline a clear plan for Harrods for the next few years.”
David will take on the chief merchant role, which was left vacant after Marigay McKee moved to Saks department store in New York in September 2013.
David joined Harrods in 2008 and has been responsible for projects including Shoe Heaven, Superbrands and Mini Superbrands.
After McKee left, she was promoted from general merchandise manager of womenswear and fine jewellery to fashion director of womenswear, accessories, fine jewellery and childrenswear.
Jason Broderick was also promoted from general merchandise manager of menswear, sports and watches to fashion director of the same three categories.