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New Look cuts senior management

New Look chief executive Anders Kristiansen has made sweeping changes to the senior management at the business, cutting several director-level roles.

Customer and multi-channel managing director Guy Lister is being made redundant, stepping down from New Look’s executive committee.

Simultaneously, James Brien, head of commercial development; Fiona Forrest, head of merchandising for denim, knitwear, formal & casual jersey; David Bannister, HR director and Anna Lloyd, head of HR are also leaving the business.

In an internal memo seen by Drapers, Kristiansen – who joined nearly six months ago – said all five had left the business today (June 10).

None of them will be replaced directly, although some individuals have been promoted into new positions.

Group buying director Roger Wightman will become managing director of buying, merchandising and design. He will join the executive committee and report directly into Kristiansen.

Simon Taylor has been promoted to head of franchise, while Julie Blomley will become HR director. The retailer is still recruiting for a managing director of international, who will effectively take on Brien’s responsibilities, and also report into Kristiansen.

The memo said the restructure would “ensure that we can continue to build on our success, most recently seen with last week’s strong financial results”.

New Look declined to comment on the move, but a source close to the company said Kristiansen was seeking “more accountability” within the business, which a “more streamlined” structure would bring about.

The source said: “Anders wants direct input into certain parts of the business, including marketing and multichannel, so this will allow him to do that.”

The departures come two months after footwear and accesories buying director Malcolm Collins left “through mutual agreement” after 16 years.

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