Woolies brings fashion guru on board
Ex-Marks & Sparks style director joins push for turnaround
High Street fashion expertise has come to SA's troubled Woolworths with the appointment of former Marks & Spencer style director Belinda Earl. On Thursday, Woolworths announced Earl would be joining the team as an independent nonexecutive director. Earl's appointment is the third addition to Woolworths' board since it unveiled its turnaround strategy in February. As part of its plan to overhaul and strengthen leadership, the retailer in March appointed former Clicks CEO David Kneale as well as Thembisa Skweyiya, both as independent nonexecutive directors. Woolworths had been rocked by three key resignations in less than a month. The company's misadventures have been dominated by the acquisition of the Australian retail brand David Jones almost five years ago. The deal, worth R21.4bn, is regarded by market commentators as the retailer's biggest strategic error. Earl, with a rich retail background stretching from her first stint at Britain's famed department store, Harrods, as a gradu...
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