Arcadia Group has appointed Paul Price, chief merchandising officer at Burberry, to lead Topshop/Topman.
Price has worked at Burberry for almost 10 years and is currently responsible for all product across women’s, men’s wear accessories and kidswear at the luxury label.
Prior to joining Burberry, Price held a number of senior roles within Lucky Brand Jeans, Williams Sonoma and Banana Republic. He began his fashion retail career at Bloomingdales.
He will join Topshop/Topman as CEO on 4 September.
It comes after Topshop managing director Mary Homer left to join The White Company as CEO in March. Topman managing director Philip Cooke will remain in his current role.
Arcadia boss Sir Philip Green said: “I believe Paul will be a great catalyst in leading the next phase of Topshop/Topman’s global expansion.”
Baroness Brady, the newly appointed chairman of Arcadia Group’s parent company Taveta Investments, added: “I am delighted that Paul will be joining the team and I am very much looking forward to a new and exciting period for Topshop/Topman.”