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Online fashion retailer N Brown’s CEO steps down

English online fashion retailer, which has been witnessing a sluggish business for a while now, has announced the departure of its CEO Angela Spindler, who will exit from her role by month-end after leading for five long years.

Notably, the 13 weeks up to June 2, 2018, witnessed group’s product revenue to dip by 2.8 percent. N Brown specialises in plus-size apparels and owns Jacamo and Simply Be labels as well. Three months back,  the retailer began discussions on strategies to shut all of its shops, to make a shift to an digital-only business model.

The company said it will now start hunting for a new CEO.

“Angela has led the business with passion, energy and a relentless focus on building on the group’s industry-leading fit specialism, as well as building N  Brown’s online capability and expertise. We recognise that now is an appropriate time to search for a new leader who can take the business forward through the next phase of its development,” averred N Brown Chairman Matt Davies.

To fill in the position on interim basis, Steve Johnson, currently the CEO of Financial Services, will take up the responsibility for now.

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