At the beginning of 2022, retailers and luxury brands were facing a stock problem. Consumer demand had returned, but manufacturing hubs in Asia were still
I have lived in the UK for over 30 years but I have never missed a Christmas at home in the sunshine in South Africa.
Reliance Consumer acquires global personal care brands from Unilever. Reliance Consumer has acquired the global rights to personal care brands Brylcreem, Toni & Guy and Bed Head from Unilever. The deal strengthens Reliance’s FMCG portfolio as it builds scale across global haircare and grooming.
Frasers Group merges Sports Direct rewards into Frasers Plus. Frasers Plus now serves as a single rewards platform, with members able to gain access to wider benefits and personalised offers. The move simplifies loyalty across the group’s brands and boosts app engagement.
Morrison invests in automated pharmacy platform Fillex. The firm has invested in Fillex, a new US pharmacy logistics platform for automated fulfilment for pharmacies, grocers, e‑commerce providers and health systems. It will be led by CEO Dain Rusk, with Morrison’s Marvin Richardson joining as board chair.
Leo Quinn to take executive chair role at WH Smith. WH Smith will appoint former Balfour Beatty chief executive Leo Quinn as executive chair on 7 April. Annette Court will step down at the AGM in February, with Simon Emeny acting as interim chair. Leo brings over two decades of leadership experience.
LVMH confirms departure of Tag Heuer CEO Antoine Pin. Tag Heuer CEO Antoine Pin has left the Swiss watchmaker and parent LVMH after 23 years. A successor will be announced soon. Pin, appointed in 2024, previously held senior roles at Zenith and Bulgari. His departure is effective immediately.
Walmart reshuffles leadership ahead of CEO transition. Walmart has made internal promotions ahead of John Furner becoming CEO on 1 February. David Guggina will lead Walmart US, Seth Dallaire becomes chief growth officer, Chris Nicholas moves to Walmart International, and Latriece Watkins to Sam’s Club.
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