- Huw Hughes
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Jack Wills CEO Suzanne Harlow has left her position at the company just
two weeks after it was bought in a pre-pack administration deal by Mike
Ashley’s Sports Direct.
Harlow exited the Jack Wills on Tuesday and did not resign or quit, a
source from the casualwear retailer told Retail Gazette. The source
couldn’t confirm whether the decision came from Sports Direct or whether it
was mutual.
Earlier this week, it emerged that Sports Direct was planning to close
eight Jack Wills stores and may close more if landlords don’t agree to cut
rents.
The closed stores are in Marlborough, Derby, Reigate, Rock, Tunbridge
Wells, Durham, Kingston and St Albans. Sports Direct said it would try to
redeploy affected staff elsewhere in the group, according to The Financial
Times.
Earlier this month, Jack Wills was bought by Sports Direct for 12.75 million pounds
in a pre-pack administration deal.
According to accounts filed with the Companies House UK, Jack Wills
reported pre-tax loss of 29.3 million pounds for the year to January 31,
2018, while sales were down 1.1 percent to 129.3 million pounds.
Photo credit: Jack Wills, Facebook
