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TK Maxx boss re-emerges at helm of Republic

Fashion retailer Republic has hired former TK Maxx boss Paul Sweetenham to push forward its expansion as founder Tim Whitworth steps back from the day-to-day running of the business.

Whitworth, who has been chief executive of the business for 10 years, will take on a non-executive director role at the young fashion chain.

Sweetenham left TJX Europe, which owns TK Maxx, where he was senior executive president of its European business, last month. He will take up the post on March 12.

Whitworth said Sweetenham’s experience in running a larger retail business would be crucial for the retailer’s next phase of growth.

He said: “It feels like a very natural time for me to move roles. Paul has more experience in running larger, international business than I have. It is now at a stage, and size, that match Paul’s skill set perfectly.”

Whitworth worked his way up at Republic, alongside founder Carl Brewins, who also moved back from an executive role last month due to personal reasons. Chief operating officer Guy Critchlow also exited the retailer in November.

Republic non executive chairman Andy Bond said that Sweetenham would bring new energy and drive into the business as it looks to expand.

He said: “He has the same entrepreneurial spirit as Tim, which is still much needed in this business.  He’s worked in bigger businesses and we’ve been very clear about our ambitions for the business and its growth.”

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