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Ann Summers names new finance director as CFO exits

Retail Gazette

Ann Summers chief financial officer John Boyle is retiring from the retailer after 11 years, as Kristina Moln-Page is promoted to finance director of the company. Moln-Page currently serves as head of finance of the business, having previously joined Ann Summers in May 2022 as strategic project consultant. Profit was up 3% to £61.8m

Finance 52
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Former Conn’s CEO Takes Back the Reins

Retail TouchPoints

Miller led the home goods retailer as President and CEO from September 2015 to August 2021, when Holt took over. Miller has been a member of the Board of Directors since September 2015 and will continue to serve as a member of the Board during his latest turn at the helm.

Finance 240
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Services Spotlight: How Kickfurther Helped Finance Poop Like a Champion’s Inventory

Rangeme

Kickfurther is the world’s first inventory financing platform that enables businesses selling through any combination of direct-to-consumer, online, wholesale, or retail channels to raise working capital. Karl Kronenberger launched Poop Like a Champion in 2015 as an Internet-only brand. How does Kickfurther work? The Kickfurther Team.

Finance 52
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Retail appointments of the week

Inside Retail

Marks will keep the food, marketing, and US operations as his responsibility, while Brett will lead the finance, information technology, human resources, legal, real estate, and investor relations departments. Returning feels natural and very personal. He previously led the business between 2015 and 2022.

Returns 130
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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? Sound familiar?

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Retail appointments of the week

Inside Retail

While I am disappointed the group has not returned to growth under my leadership, I am proud of the progress we have made towards achieving our strategic objectives,” said Ilczynski. “I I believe the group is positioned for success, with highly-capable executive teams across both marketplaces and a clear focus.”

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Startups spring from ashes of Big Tech purge

Inside Retail

While overall venture capital (VC) financing fell 33% globally to about $483 billion in 2022, early-stage funding was robust, with $37.4 In 2015, Christopher Fong, who spent almost a decade working for the tech titan in California, launched Xoogler, a project designed to help former employees hoping to start their own companies.